917 N Madison Ave Los Angeles, CA 90029

$3,000,000 Sold Price as of 07/27/2018

12 Beds
12 Baths
7,468 Sq.Ft.

Off Market

$3,000,000 Sold Price as of 07/27/2018 Refinance Your Mortgage

Map preview of 917 N Madison Ave, Los Angeles, CA 90029

Property Overview: 917 N Madison Ave Los Angeles, CA has 12 bedrooms, 12 bathrooms, 7,468 living square feet and 7,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

917 N Madison Ave is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 917 N Madison Ave

Last sold for $3,000,000 on July 27th, 2018

July, 2018
Jul 27, 2018

Date

Sold (Public Records)

Public Records

$3,000,000

Price
June, 2018
Jun 9, 2018

Date

Canceled

CRMLS: 18347436

$2,999,995

Price
May 24, 2018

Date

Active

CRMLS: 18347436

$2,999,995

Price
Listing provided courtesy of CRMLS
May, 2018
May 24, 2018

Date

Canceled

CRMLS: 18335288

$2,999,999

Price
Apr 20, 2018

Date

Active

CRMLS: 18335288

$2,999,999

Price
Listing provided courtesy of CRMLS

The Madison Townhouse Apartments located in the prime Silverlake/Virgil Village submarket of Los Angeles, CA.The property consists of 12 large two story 1 bedroom 1 bath townhouse style units. 7/12units in the building have been fully remodeled with high-end modern finishes, vaulted ceilings, air conditioning and washer/dryer in unit. One unit will be delivered vacant. On site parking. Huge upside in rents, several units over 50% below market rent.

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February, 2015
Feb 3, 2015

Date

Sold (Public Records)

Public Records

$1,600,000

Price

Tax History for 917 N Madison Ave

Assessed Value (2020): $3,060,900

Year	Land Value	Improved Value	Assessed Value
2020	$1,530,000	$1,530,900	$3,060,900

About 917 N Madison Ave

Detailed summary of property

917 N Madison Ave is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and last sold on July 27, 2018 for $3,000,000. This property has 12 bedrooms, 12 bathrooms, roughly 7,468 living square feet, and sits on an approximately 7,750 square foot lot. Homes 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 167.86% higher than the current median priced home. 917 N Madison Ave was last sold on July 27, 2018 for $3,000,000. Local nearby listings include 440 N Virgil Ave, 3452 Plata St and 1230 N Mariposa Ave. The average home in Los Angeles, CA is selling in 106 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. If you are the homeowner and looking to sell the home at 917 N Madison Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 917 N Madison Ave

Public county record property details

Beds: 12
Baths: 12
Year built: 1952
Sq. Ft.: 7,468
Lot Size: 7,750
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 181
APN: 5539-009-001

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,058,000

Median List Price/Sq.Ft.

$705

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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