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3148 Madera Ave, Los Angeles, CA 90039
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3148 Madera Ave Los Angeles, CA 90039

$1,095,000
  • 3 Beds
  • 3 Baths
  • 1,808 Sq.Ft.
For Sale
$1,095,000 Get Pre-Qualified
Map preview of 3148 Madera Ave, Los Angeles, CA 90039

Property Overview: 3148 Madera Ave Los Angeles, CA has 3 bedrooms, 3 bathrooms, 1,808 living square feet and 5,407 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Great Rehabbed Triplex in Atwater.Fabulous neighborhood. Nr. Shopping,Restaurants,Market Rents 2(1BD/1BA)units Spanish in front building+SFR(1BA/1BD+ Bonus Room) at rear w/small backyard. All new roofs, Remote Gated Entry detached 3CarGarage.New Copper Plumbing,Wood&tile floors.Sep.Elec.Meters,New Tile Kit.&Bath.All new windows.New appliances. Coin Operated W/D.Tile Patio at front of Bdlg. One of the units is vacant. Property sold as-is.

Listed by Karen Numme | BRE #01705405 | The Collective Realty
Last checked: 12 minutes ago | Last updated: September 23rd, 2024 | Source CRMLS | DOM: 61

Home details

Lot Sq. Ft
5,407
HOA Dues
$0/mo
Year built
1937
Garage
3 Car
Property Type:
Multi Family
Status
Active
MLS#
24409767
City
Los Angeles
County
Los Angeles
Time on Site
79 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 2
  • # of Gas Meters: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,060
  • Total Rent: $2,060
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,910
  • Total Rent: $1,910
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.7%
  • Gross Rent Multiplier: 15.8
  • Gross Scheduled Income: --
  • Net Operating Income: $62,880
  • Gross Operating Income: $68,880
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 3148 Madera Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Outside
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Disposal, Refrigerator
Interior Features
  • Ceiling Fan(s)
  • Levels: One
  • Security Features: Automatic Gate, Smoke Detector(s), Carbon Monoxide Detector(s), Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Covered, Garage - Three Door
Lot Information
  • Lot Features: Back Yard
Property Information
  • Has View
  • Total # of Units: 3
  • Parcel Number: 5437012015
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Hyperion Ave to Glendale Blvd rt turn on Madera Ave.
View more facts & features

Local Los Angeles Agent

Sale History for 3148 Madera Ave

Last sold for $430,000 on November 23rd, 2010

  • July, 2024

  • Jul 8, 2024

    Date

    Active

    CRMLS: 24409767

    $1,150,000

    Price

  • November, 2010

  • Nov 23, 2010

    Date

    Sold (Public Records)

    Public Records

    $430,000

    Price

  • May, 1997

  • May 16, 1997

    Date

    Sold (Public Records)

    Public Records

    $178,000

    Price

Show More

Tax History for 3148 Madera Ave

Assessed Value (2020): $503,728
Year Land Value Improved Value Assessed Value
2020 $352,610 $151,118 $503,728

Home Value Compared to the Market

This property vs the competition

3148 Madera Ave is listed 8.75% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $605.64 per/sqft which puts the price per square foot 21.45% lower than the median price per square foot for the city of Los Angeles.

About 3148 Madera Ave

Detailed summary of property

3148 Madera Ave is a multi family located in Los Angeles, CA 90039 and is currently for sale. This multi family property offers 3 bedrooms, 3 bathrooms, roughly 1,808 living square feet, and sits on an approximately 5,407 square foot lot. 3148 Madera Ave was first listed on ArdentRealEstateGroup.com on July 10, 2024. The homeowner is currently asking $1,095,000 and was originally asking $1,150,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.75% lower than the median priced home. Local competing homes currently for sale include 3055 Future St, 1626 Echo Park Ave and 4121 Gateway Ave. While the average home in Los Angeles, CA is selling in 106 days, 3148 Madera Ave has a days on market of 61 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 3148 Madera Ave Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3148 Madera Ave

Public county record property details
Beds
3
Baths
3
Year built
1937
Sq. Ft.
1,808
Lot Size
5,404
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
365
APN
5437-012-015

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,688,880
Median List Price/Sq.Ft.
$918
Median Sold Price
$1,059,000
Median Sold Price/Sq.Ft.
$873
Total Inventory
60
Median Sale to List Price %
96.36%
Avg Days on Market
19
Loan Type
Conventional (7.69%), FHA (0%), VA (0%), Cash (7.69%), Other (30.77%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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