450 N Mccadden Place, Los Angeles, California 90004, Los Angeles, 90004 - 7 bed, 6 bath

450 N Mccadden Place, Los Angeles, California 90004 home-pic-0
ACTIVE$6,999,999
450 N Mccadden Place, Los Angeles, California 90004
7Beds
6Baths
5,667Sqft
11,100Lot
Year Built
1927
Close
-
List price
$7M
Original List price
$7M
Price/Sqft
$1,235
HOA
-
Days on market
-
Sold On
-
MLS number
25496403
Home ConditionExcellent
Features
Good View: Pool
Deck
Pool
Spa
ViewPool

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $7.00M(94th), sqft - 5667(90th), beds - 7(97th), baths - 6(90th).

A True Work of Art by Noted Architect Robert Aitcheson, SCAAA. Impeccable, Meticulous, Timeless, Sophisticated, Down-To-The-Studs Remodel + 2 Story Addition to Mediterranean Hancock Park Home, features 7 beds + 6 baths + pool + yard. Handsome curb appeal with grassy lawn, majestic century old trees, juliette balconies and original character details. Driveway with porte cochere + remote access gate for safe protected parking right outside side service entrance. Formal entry with 2 story height ceiling. Living room with fireplace. Office with pocket doors and built in closet. Sleek and Sophisticated Bulthaup kitchen with oak island, integrated Sub Zero fridge + freezer, Subzero wine fridge, Wolf cooktop, Wolf built-in microwave, Wolf built-in oven, Miele dishwasher, walk in pantry. Dining room is open concept for chic entertaining, and has tall windows to the adjacent exterior deck with fire pit + dining area. Bedroom with full bathroom downstairs. Huge family room has a full wall of folding glass doors that open to the backyard with turf + pool. Both front and back staircases to the second floor are softly lit by ambient wall lighting. Choice of primary suites; one at the front of the house has walk-in closet and radiant floor heating, deep tub w/ jets, stone steam shower with rain head, vanity with dual sinks, toilet closet. Upstairs hallway snack station with built-in refrigerator drawers. Second bedroom suite has a bath with tub/shower and wall-to-wall built-in closets. 2 additional bedrooms share a hallway bath with dual sink vanity + tub/shower. Second master bedroom suite is at the rear of the house, is a new addition, has extra high ceilings, walk in closet, radiant floor heating, bath with freestanding tub, shower with rain head, toilet closet with bidet toilet, vanity with dual sinks, and massive porch with two sided flueless fireplace and lush green views! Laundry room upstairs. Backyard features saltwater heated pool + spa with motorized pool cover, artificial turf lawn, side yard with fire feature + lounging area + exterior dining area outside interior dining room. Newly constructed freestanding garage used as a gym by current owners, has plumbing for outdoor shower. Crestron Systems controls multi zone climate + interior/exterior lighting + surround sound speakers + security cameras w/ DVRs + auto lock door locks + Door Bird Intercom + remote access driveway gates. Porcelanosa Spanish Oak Hardwood Floors throughout. 4 zones HVAC - 2 up and 2 down. Motorized custom window coverings. Down-to-the-studs remodel includes all new windows + doors + Bulthaup kitchen + bathrooms + new electrical panel + wiring, new plumbing, built-in water filtration system. Solar system on the roof is owned. Ring Cameras. Extraordinary High End Remodel feels earthy & organic, understatedly luxurious & quietly elegant, streamlined & timeless, and makes the perfect neutral backdrop for a new owner's colorful or neutral furnishings. An Absolutely Exquisite Masterpiece!

Nearby schools

8/10
Third Street Elementary School
Public,K-50.6mi
2/10
Vine Street Elementary School
Public,K-60.8mi
6/10
Van Ness Avenue Elementary School
Public,K-51.2mi
2/10
Wilshire Crest Elementary School
Public,K-51.6mi
7/10
Queen Anne Place Elementary School
Public,K-52.0mi
3/10
Hubert Howe Bancroft Middle School
Public,6-80.6mi
7/10
John Burroughs Middle School
Public,6-81.1mi
3/10
Laurel Elementary School
Public,K-81.6mi
7/10
Fairfax Senior High School
Public,9-121.4mi
4/10
Los Angeles Senior High School
Public,9-121.6mi

Price History

Date
Event
Price
09/17/18
Sold
$3,510,000
Condition Rating
Excellent

Despite being built in 1927, this property has undergone an 'Impeccable, Meticulous, Timeless, Sophisticated, Down-To-The-Studs Remodel + 2 Story Addition.' This extensive renovation includes all new electrical, plumbing, windows, doors, and a 4-zone HVAC system. The kitchen is a high-end Bulthaup design with integrated Sub-Zero, Wolf, and Miele appliances. Bathrooms are luxurious, featuring radiant floor heating, steam showers, freestanding tubs, and bidet toilets. High-quality Porcelanosa Spanish Oak Hardwood Floors are found throughout, and the home boasts Crestron smart home systems and an owned solar system. All components are new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with an 'excellent' condition.
Pros & Cons

Pros

Architectural Pedigree & Design: Designed by noted architect Robert Aitcheson, featuring a meticulous, down-to-the-studs remodel and a 2-story addition, showcasing timeless, sophisticated design and original character details.
Extensive High-End Renovation & Smart Home Integration: Comprehensive remodel includes new electrical, plumbing, windows, doors, and a Bulthaup kitchen with top-tier Sub-Zero, Wolf, and Miele appliances. Integrated Crestron Systems control multi-zone climate, lighting, security, and remote access gates.
Luxurious Living Spaces & Amenities: Offers 7 beds and 6 baths, including two primary suites with radiant floor heating, spa-like bathrooms (deep tubs, steam showers, bidet toilet), high ceilings, Porcelanosa Spanish Oak Hardwood Floors, and motorized custom window coverings.
Exceptional Outdoor Entertainment: Boasts a saltwater heated pool and spa with a motorized cover, artificial turf lawn, multiple fire features, lounging areas, and an exterior dining space, complemented by a porte cochere and remote access gate.
Energy Efficiency & Modern Comforts: Equipped with an owned solar system, 4-zone HVAC (2 up, 2 down), and a built-in water filtration system, ensuring modern comfort, efficiency, and reduced utility costs.

Cons

Valuation Discrepancy: The current list price of $6,999,999 is notably higher than the property's estimated value of $6,639,175, potentially indicating an aggressive pricing strategy that could impact market appeal.
Converted Garage: The newly constructed freestanding garage has been converted into a gym, meaning there is no traditional enclosed garage for vehicle parking, which may be a drawback for some buyers.
Mixed Local School Performance: While some highly-rated schools are accessible, several nearby elementary and middle schools have lower performance ratings (e.g., ratings of 2 or 3), which could be a consideration for families with school-aged children.

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