tomo logo

$9,995,000

Beds
7
Baths
7.5
sq ft
7,030

400 S McCadden Pl, Los Angeles, CA 90020

400 S McCadden Pl

Los Angeles, CA 90020

  • <1 day on market
Situated on a prime corner lot in Hancock Park, this modern estate, initially constructed in 2002 and fully reimagined in 2023, seamlessly marries elegance with contemporary design. Encompassing 7 bedrooms and 8 bathrooms across approximately 7,000 square feet on a flat 0.36-acre lot, the residence is designed for luxury living and upscale entertaining. Upon entering the property a meticulously landscaped front garden frames the facade, guiding you to a grand entryway where a spacious foyer effortlessly flows into the living and dining areas, highlighted by a striking curved wrought iron staircase. The main floor impresses with its soaring ceilings and high doors - rare features in the area. The kitchen opens into an expansive family room, where steel sliding doors offer a smooth transition to outdoor living, making this estate an ideal retreat for those seeking privacy and sophistication in a central Los Angeles setting. Arched passageways lead to the formal dining room, adorned with original crown moldings and high ceilings, seamlessly blending into the gourmet eat-in kitchen. This chef's kitchen is equipped with custom cabinetry, a ZLINE oven, stove, and dishwashers, Fisher & Paykel refrigerators, and a substantial Caesarstone Vivid White quartz island, balancing functionality with refined elegance. A Bosch coffee maker adds a touch of ease to morning routines. The second floor reveals four spacious bedrooms, including an elegant primary suite with a luxurious walk-in closet, en-suite bathroom, updated flooring, and modern fixtures, creating a space of refined opulence and relaxation. Interior finishes include polished Bianco Dolomiti porcelain tiles on the first floor and in the steam shower, with the primary bathroom showcasing matte Bianco Dolomiti porcelain flooring and marble vanities. Enhanced by a new Lutron lighting system and Sonos speakers throughout, the home delivers convenience and ambiance. Step outside into a private backyard oasis, complete with a large pool surrounded by lush greenery and EPC Moher Spot Ash gray exterior stone tiles. The jacuzzi, detailed with sleek Nano black polished tiles, brings a luxurious touch to this serene setting. Relax and workout in the private poolside cabana and gym with full bathroom. The detached garage and guest house provide parking for four vehicles, featuring a fully finished upper level with a kitchenette, full bathroom, and two bedrooms. With smooth stucco finishes and a custom tile roof, this exquisitely reimagined estate offers a perfect blend of timeless charm and contemporary style.

Details

Property type

Single Family Residence

Est. home value

$6,461,077

Property condition

Updated/Remodeled

Lot size

0.363 acres

Price per sq ft

$1,422

Year built

2002

HOA

No

Price History

11/07/2024
CLAW

CLAW #24458085

Listed
$9,995,000
+72.33%
07/13/2021
CLAW

CLAW #21720744

Sold
$5,800,000

Schools & Community

Neighborhood: 

Mid Wilshire

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$5,945,026
Asking price
$9,995,000
Closing costs (~8% of asking)
-$799,600
Est. remaining loan balance
-$3,250,374
Cash to seller
$5,945,026

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2021

Original loan amount

$3,480,000

Est. remaining balance

$3,250,374

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Daniel Zeff

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/08/2024 at 3:45 AM

Listing updated: 11/07/2024 at 5:30 PM

Listed by: Analu Corson, Revel Real Estate Phone #: (424) 239-7177

MLS: CLAW #24458085

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