3334 Madera Ave, Los Angeles, CA 90039
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3334 Madera Ave Los Angeles, CA 90039

$1,899,000
  • 5 Beds
  • 7 Baths
  • 2,330 Sq.Ft.
For Sale
$1,899,000 Get Pre-Qualified

Map preview of 3334 Madera Ave, Los Angeles, CA 90039

Property Overview: 3334 Madera Ave Los Angeles, CA has 5 bedrooms, 7 bathrooms, 2,330 living square feet and 5,404 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: Fantastic investment opportunity nestled in the heart of vibrant Atwater Village. A modern home, meticulously remodeled in 2021, complemented with a newly constructed (2021) detached ADU with separate address– 3332 Madera. This property provides a perfect setup for strong rental income, multi-generational living, or an in-law/ guest suite. The newly reconstructed main residence features 1,563 square feet of modern designer living space, a bright open floor plan, three bedrooms, and four bathrooms. Inside, discover high ceilings, light oakwood flooring, and a chic open kitchen with gray cabinetry and stainless steel appliances. Each bedroom is en-suite, including a lavish primary suite with a generously sized private terrace on the second level. Additionally, a flexible lower-level space and inviting dining patio enhance the living experience. The fully detached accessory dwelling unit features nearly 800 sqft. of newly built living space with two bedrooms and three baths. Upon entering, the first floor features a well-appointed kitchen, living space, and patio. Upstairs, two en-suite bedrooms with a laundry room create an ideal layout. Currently tenant-occupied, this ADU offers various possibilities, whether as an income generator, guest accommodation, or personal sanctuary. Outside, an automatic driveway gate leads to an oversized garage—a rare feature when combined with an ADU. Enjoy the convenience of gated driveway access, ample off-street parking, and an unbeatable location. This gem in Atwater Village is easily within reach to the neighborhood's charming coffee shops, diverse dining options, markets, and recreational facilities. Don't miss out on this exceptional opportunity to invest in Atwater Village's thriving community. Both units are currently occupied with excellent renters and very strong rental income.

Listed by Gina Michelle | BRE #01503003 | The Agency
Co-listed by George Ouzounian | BRE #01948763 | The Agency
Last checked: 10 minutes ago | Last updated: May 26th, 2024 | Source CRMLS | DOM: 46
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Home details

Lot Sq. Ft
5,404
HOA Dues
$0/mo
Year built
1923
Garage
1 Car
Property Type:
Single Family Home
Status
Active
MLS#
SR24085289
City
Los Angeles
County
Los Angeles
Time on Site
54 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 4
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $5,745
  • Total Rent: $5,745
  • Pro Forma/Market Rent: $6,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 3
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,245
  • Total Rent: $3,245
  • Pro Forma/Market Rent: $3,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $107,880
  • Net Operating Income: $80,229
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $27,651
  • Trash: $0
  • Insurance: $1,923
  • Water/Sewer: $1,080

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Property Details for 3334 Madera Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood
  • Bonus Room, Family Room, Kitchen, Laundry, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Ice Maker, Range Hood, Refrigerator, Water Heater
Interior Features
  • High Ceilings, Open Floorplan, Recessed Lighting, Unfurnished
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights, Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5437010021
  • Year Built Source: Assessor
  • Architectural Style: Contemporary
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: Glendale Blvd. to Madera Ave.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 3334 Madera Ave

View property's historical transactions
  • May, 2024

  • May 2, 2024

    Date

    Active

    CRMLS: SR24085289

    $1,899,000

    Price

Tax History for 3334 Madera Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

3334 Madera Ave is listed 52.04% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $778 and this home is listed at $815.02 per/sqft which puts the price per square foot 4.76% higher than the median price per square foot for the city of Los Angeles.

About 3334 Madera Ave

Detailed summary of property

3334 Madera Ave is a single family home located in Los Angeles, CA 90039 and is currently for sale. This house offers 5 bedrooms, 7 bathrooms, roughly 2,330 living square feet, and sits on an approximately 5,404 square foot lot. 3334 Madera Ave was first listed on ArdentRealEstateGroup.com on May 3, 2024. The homeowner is currently asking $1,899,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $778. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 52.04% higher than the median priced home. Local competing homes currently for sale include 2435 Lyric Ave, 3814 Shannon Rd and 2642 Queen St. While the average home in Los Angeles, CA is selling in 98 days, 3334 Madera Ave has a days on market of 46 days. There are currently 4006 homes for sale in the Los Angeles real estate market and 2700 of them are single family homes while 1190 of them are condos and 109 are townhomes. For more information on this home for sale at 3334 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 3334 Madera Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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
$1,500,000
Median List Price/Sq.Ft.
$915
Median Sold Price
$1,879,350
Median Sold Price/Sq.Ft.
$1,156
Total Inventory
54
Median Sale to List Price %
101.59%
Avg Days on Market
23
Loan Type
Conventional (18.75%), FHA (0%), VA (0%), Cash (18.75%), Other (18.75%)

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Related Resources to 3334 Madera Ave

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.