510 N Madison Ave, Los Angeles, CA 90004
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510 N Madison Ave Los Angeles, CA 90004

$650,000 Sold Price as of 04/05/2019
  • 3 Beds
  • 1 Baths
  • 1,017 Sq.Ft.
Sold
$650,000 Sold Price as of 04/05/2019 Refinance Your Mortgage

Map preview of 510 N Madison Ave, Los Angeles, CA 90004

Property Overview: 510 N Madison Ave Los Angeles, CA has 3 bedrooms, 1 bathrooms, 1,017 living square feet and 5,012 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Come build your dream property! This 5,012sqft lot is zoned R3, which leaves the door open for an Investor or creative-minded home buyer. Build a triplex, convert current property to a duplex or redesign this single family home to your own personal desires. Potential plans and ideas can be provided. Currently, this California Cottage style home offers 3 bedrooms and 2 bathroom. Large backyard with detached 2 car garage at the end of the long driveway. Enhance the current landscaping, create a drought tolerant yard or an entirely new oasis. The property is located Silver Lake and Echo Park adjacent, minutes away from Griffith Park/Observatory and the Greek Theatre. Come be the newest neighbor.

Listed by Ronald G Jackson | BRE #01363276 | Compass
Co-listed by Johnny Hayes | BRE #01897908 | Compass
Last checked: 7 seconds ago | Last updated: September 29th, 2021 | Source CRMLS | DOM: 69

Home details

Lot Sq. Ft
5,012
HOA Dues
$0/mo
Year built
1923
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
19427608
City
Los Angeles
County
Los Angeles
Time on Site
1351 days

Property Details for 510 N Madison Ave

Interior Features
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • Has Laundry
  • Inside, See Remarks
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Living Room
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Garage, Driveway
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5539031018
  • Architectural Style: Cottage
  • Property is not Attached
Location / Neighborhood
Location Information
  • Directions: East of Vermont Ave, South of Melrose Ave
View more facts & features

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Sale History for 510 N Madison Ave

Last sold for $800,000 on December 28th, 2020
  • December, 2020

  • Dec 28, 2020

    Date

    Sold (Public Records)

    Public Records

    $800,000

    Price

  • September, 2020

  • Sep 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,000

    Price

  • April, 2019

  • Apr 9, 2019

    Date

    Sold

    CRMLS: 19427608

    $650,000

    Price

  • Apr 3, 2019

    Date

    Active Under Contract

    CRMLS: 19427608

    $700,000

    Price

  • Jan 26, 2019

    Date

    Active

    CRMLS: 19427608

    $700,000

    Price

  • January, 2019

  • Jan 28, 2019

    Date

    Canceled

    CRMLS: 17251036

    $700,000

    Price

  • Jan 26, 2019

    Date

    Active

    CRMLS: 17251036

    $700,000

    Price

  • Listing provided courtesy of CRMLS

    Come build your dream property! This 5,012 sq foot lot is zoned R3, which leaves the door open for an Investor or creative-minded home buyer.Build a triplex, convert current property to a duplex or redesign this single family home to your own personal desires. Potential plans and ideas can be provided. Currently, this California Cottage style home offers 3 bedrooms and 2 bathrooms. Large backyard with detached 2 car garage at the end of the long driveway. Enhance the current landscaping, create a drought tolerant yard or an entirely new oasis. The property is located silver lake and Echo park adjacent, minutes away from Griffith Park/Observatory and the Greek Theatre. Come be the newest neighbor.

  • September, 2017

  • Sep 17, 2017

    Date

    Active

    CRMLS: 17253172

    $625,750

    Price

  • Sep 8, 2017

    Date

    Hold

    CRMLS: 17253172

    $625,750

    Price

  • Aug 31, 2017

    Date

    Active

    CRMLS: 17253172

    $625,750

    Price

  • Aug 21, 2017

    Date

    Hold

    CRMLS: 17253172

    $625,750

    Price

  • Aug 12, 2017

    Date

    Price Change

    CRMLS: 17253172

    $625,750

    Price

  • Jul 20, 2017

    Date

    Active

    CRMLS: 17253172

    $775,000

    Price

  • Listing provided courtesy of CRMLS

  • September, 2017

  • Sep 17, 2017

    Date

    Expired

    CRMLS: 17244086

    $659,000

    Price

  • Jul 6, 2017

    Date

    Withdrawn

    CRMLS: 17244086

    $659,000

    Price

  • Jun 22, 2017

    Date

    Active

    CRMLS: 17244086

    $659,000

    Price

  • Listing provided courtesy of CRMLS

    So Silver Lake & NELA prices shut you out, but you're still determined to buy that sweet 1923 cottage under $700k? Go west! To East Hollywood! Remember when Highland Park was not on anyone's radar? Well, here's your chance to be that urban pioneer. Settle in while you plan & then roll up your sleeves, see the good bones & nifty potential & get going! Open up the front parlor to the dining room & kitchen? Re-think the floor plan to create double master suites and a den? Build out the perfect studio in the ample garage and still have loads of parking on the long driveway? Friendly summer BBQ's in the big back yard? Plant more fruit trees? Or maybe you like it just the way it is & savor that you are minutes from Hollywood, Griffith Park, The Bowl, The Greek & all the happenings on Vermont & Hillhurst…. down time is within easy reach! This has been a happy home for many years and is just waiting for the lucky happy owners to make it their own.

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Tax History for 510 N Madison Ave

Assessed Value (2020): $663,000
Year Land Value Improved Value Assessed Value
2020 $530,400 $132,600 $663,000

Home Value Compared to the Market

This property vs the competition

510 N Madison Ave sold on April 5, 2019 for 37.5% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $688.3 per/sqft which puts the price per square foot 4.93% lower than the current median sale per square foot for the city of Los Angeles.

About 510 N Madison Ave

Detailed summary of property

510 N Madison Ave is a single family home that recently sold in Los Angeles, CA 90004. This house offered 3 bedrooms, 1 bathrooms, roughly 1,017 living square feet, and sits on an approximately 5,012 square foot lot. 510 N Madison Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $650,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 37.5% lower than the current median priced home. Local homes that are currently for sale include 2939 Leeward Ave #420, 2152 Clinton St and 4813 Oakwood Ave #103. While the average home in Los Angeles, CA is selling in 105 days, 510 N Madison Ave has a days on market of 69 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. For more information on this home for sale at 510 N Madison Ave Los Angeles, CA 90004 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 510 N Madison Ave

Public county record property details
Beds
3
Baths
1
Year built
1923
Sq. Ft.
1,017
Lot Size
5,011
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
15,16
APN
5539-031-018

The source for these homes facts are from public records.

90004 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,488,000
Median List Price/Sq.Ft.
$792
Median Sold Price
$790,000
Median Sold Price/Sq.Ft.
$601
Total Inventory
85
Median Sale to List Price %
95.18%
Avg Days on Market
39
Loan Type
Conventional (11.11%), FHA (0%), VA (0%), Cash (0%), Other (22.22%)

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Related Resources to 510 N Madison 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.