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450 N Mccadden Pl
Los Angeles, CA 90004
Sheri Bienstock with The Bienstock Group, original listing - (323) 310-2525
$6,999,999
Conventional
Property
Bedroom
7
Bathroom
Full: 5, ½: 1
Property Type
Conventional
Square ft
5667 Square Feet
Property Description
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. EV charger in driveway, 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!
Property Information
Lot Size
0 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
1927
MLS Number
--
Location
Address
450 N Mccadden Pl
City
Los Angeles
State
CA
Zip Code
90004
County
LOS ANGELES (UPPER WEST LA)
Listing
Name
Phone
(323) 310-2525
Office Name
Office Phone
(323) 310-2525
Agent Name
Sheri Bienstock
Agency Phone
(323) 310-2525

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.