9 days on rocket

3334 Madera Ave, Los Angeles, CA, 90039

$1,899,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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3334 Madera Ave, Los Angeles$1,899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage1 space
Year Built1923
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Neighborhood
MLS #SR24085289
Lot Size0.12 Acres
StatusActive

About 3334 Madera Ave

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1923
  • Stories: 2

Listing Office:

  • Office Name: The Agency
  • Office Phone: (818) 850-1458
  • Listing Agent: Gina Michelle

Interior Features

Interior Information:

  • Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Ice Maker, Refrigerator, Range Hood, Water Heater, Dryer, Washer
  • Flooring Type: Wood
  • Interior: High Ceilings, Open Floorplan, Recessed Lighting, Unfurnished, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Neighborhood

Parking Information:

  • Garage Space: 1 space

Virtual/3D Tour

  • Virtual Tour: 3334 Madera Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Front Yard
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Washington Irving Middle School Math, Music and Engr, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Atwater Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Glendale Blvd. to Madera Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,899,000

Tax Information:

  • Annual Amount: $8,876
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

3334 Madera Ave vs Los Angeles

9 DAYS ON ROCKET

-25 Days

$1,899,000

+$912.5K More

KEY TAKEAWAY

This property is $912.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24085289

Listing Office:

  • Office Name: The Agency
  • Office Phone: (818) 850-1458
  • Listing Agent: Gina Michelle

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/12/2024, 7:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$8,876$740,000
2020$687$44,325
2019$668$43,457
2018$654$42,606
2017$654$41,772

History based on county public records data.

Payment Calculator

$9,545

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,760

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-10817382
6
/10
  • Atwater Avenue Elementary School

  • 3271 Silver Lake Blvd

  • 0.25 miles

  • Public District Grades KG-6

school-card-donut-10817383
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 5.37 miles

  • Public Magnet Grades KG-6

school-card-donut-10817384
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 22.72 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-10817385
7
/10
  • Washington Irving Middle School Math, Music and Engr

  • 3010 Estara Ave

  • 1.01 miles

  • Public Magnet Grades 6-8

school-card-donut-10817386
4
/10
  • Studio

  • 2211 W Avenue 30

  • 1.41 miles

  • Public District Grades 6-8

High School

school-card-donut-10817387
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.90 miles

  • Public Magnet Grades 9-12

school-card-donut-10817388
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 14.91 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,099. The majority of Los Angeles, CA residents have income less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3334 Madera Ave

What is the listing price of this property?

The listing price of 3334 Madera Ave property is $1,899,000.

What type of property is this?

The property 3334 Madera Ave is a house located in Los Angeles, California, 90039.

Is this property for sale now?

Active Listing: 3334 Madera Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3334 Madera Ave are:
Atwater Avenue Elementary School: GreatSchools Rating 6/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Washington Irving Middle School Math, Music and Engr: GreatSchools Rating 7/10
Studio: GreatSchools Rating 4/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $8,876 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 3334 Madera Ave is 1923.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles900393334 Madera Ave

This home is located at 3334 Madera Ave in Los Angeles, CA and zip code 90039 in the Northeast LA neighborhood. This home, which was built in 1923, sits on a 0.12 acre lot. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $1,899,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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