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6059 Madden Ave, Los Angeles, CA 90043
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6059 Madden Ave Los Angeles, CA 90043

$850,000
  • 5 Beds
  • 2 Baths
  • 2,336 Sq.Ft.
For Sale
$850,000 Get Pre-Qualified
Map preview of 6059 Madden Ave, Los Angeles, CA 90043

Property Overview: 6059 Madden Ave Los Angeles, CA has 5 bedrooms, 2 bathrooms, 2,336 living square feet and 4,795 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 opportunity to purchase 2 on a lot starter property or possible investor special! Live in one and rent the other. Spacious 3 bedroom Tudor style home with 1 bedroom upstairs loft and 2 large bedrooms downstairs. 1 large bath. Create your own style. Lot's of interior storage inside. Corner property with rear smaller 2 bedroom house in the rear. 2 car garage. Possible for units to be vacant at close of escrow. Kitchen has been upgraded in recent years and includes breakfast area, separated dinning area and large living room with large front window. Sellers motivated. Buyers/agents should provide pre-approval from buyer's lender prior to showing property. Please allow Minimum 24 hrs prior to showing. Shown by appointment only. Sellers choice of services.

Listed by Michelle Hicks | BRE #00982200 | R. Hicks Realty
Last checked: 10 minutes ago | Last updated: April 15th, 2024 | Source CRMLS | DOM: 42
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Home details

Lot Sq. Ft
4,795
HOA Dues
$0/mo
Year built
1924
Garage
2 Car
Property Type:
Multi Family
Status
Active
MLS#
24370755
City
Los Angeles
County
Los Angeles
Time on Site
40 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $651
  • Total Rent: $651
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,035
  • Total Rent: $1,035
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 2.38
  • Gross Scheduled Income: --
  • Net Operating Income: $1,436
  • Gross Operating Income: $1,686
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 6059 Madden Ave

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Property Details for 6059 Madden Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Floor Furnace, Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 4007009030
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: East of Crenshaw/South of Slauson
View more facts & features

Local Los Angeles Agent

Sale History for 6059 Madden Ave

Last sold on November 13th, 2019

  • March, 2024

  • Mar 18, 2024

    Date

    Active

    CRMLS: 24370755

    $850,000

    Price

  • November, 2019

  • Nov 13, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 6059 Madden Ave

Assessed Value (2020): $248,637
Year Land Value Improved Value Assessed Value
2020 $155,404 $93,233 $248,637

Home Value Compared to the Market

This property vs the competition

6059 Madden Ave is listed 30.61% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $363.87 per/sqft which puts the price per square foot 52.99% lower than the median price per square foot for the city of Los Angeles.

About 6059 Madden Ave

Detailed summary of property

6059 Madden Ave is a multi family located in Los Angeles, CA 90043 and is currently for sale. This multi family property offers 5 bedrooms, 2 bathrooms, roughly 2,336 living square feet, and sits on an approximately 4,795 square foot lot. 6059 Madden Ave was first listed on ArdentRealEstateGroup.com on March 26, 2024. The homeowner is currently asking $850,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 30.61% lower than the median priced home. Local competing homes currently for sale include 3426 W Florence Ave, 5175 S Van Ness Ave and 5700 S Gramercy Pl. While the average home in Los Angeles, CA is selling in 96 days, 6059 Madden Ave has a days on market of 42 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 6059 Madden Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 6059 Madden Ave

Public county record property details
Beds
5
Baths
2
Year built
1924
Sq. Ft.
2,336
Lot Size
4,794
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
30
APN
4007-009-030

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$965,000
Median List Price/Sq.Ft.
$590
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
78
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

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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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