514 N Madison Ave
Description
- Listed by Handoko Chen • DRE #01749321 • Brokerage DRE #02201380 • Growth Investment Group Pasade • han.chen@growthinvestmentgroup.com
Property Details for 514 North Madison Avenue
Property Details for 514 North Madison Avenue
| Status | Active |
|---|---|
| MLS # | AR25249218 |
| Days on Market | 51 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1937 |
| Lot Size | 0.28 AC / 11,998 SF |
| County | Los Angeles County |
Location
Building Information for 514 North Madison Avenue
Payment Calculator
$8,585 per month
30 year fixed, 6.28% Interest
$7,140
$1,445
$0
Property Information for 514 North Madison Avenue
- Tenant Pays: Electricity, Gas
- Gross Income: $80,439
- Gross Scheduled Income: $80,439
- Vacancy Allowance Rate: 2
- Gross Operating Income: $78,830
- Net Operating Income: $48,157
- Current Financing: Conventional
- Operating Expense: $30,673
- Operating Expense Percent: 38.00%
- New Taxes Expense: $16,193
- Gardener Expense: $2,700
- Licenses Expense: $952
- Electric Expense: $630
- Insurance Expense: $3,585
- Maintenance Expense: $3,000
- Trash Expense: $600
- Water Sewer Expense: $1,790
- Total Expenses: $30,673
- Tax Annual Amount: $16,193
- Tax Tract Number: 0
- CFD/Mello-Roos Fee: $1,223
- Tax Lot: 4
- Accessibility Features: None
- Disability Access: None
- Assessments YN: Yes
- Assessments: Buyer to Verify
- Community Features: Suburban, Valley
- Appliances: Gas Range, Water Heater
- Equipment: Gas Dryer Hookup, Washer Hookup
- Interior Features: Ceiling Fan(s)
- Laundry: Yes
- Laundry Features: Gas Dryer Hookup, Washer Hookup
- Fireplace Features: Living Room
- Fireplace Rooms: Living Room
- Cooling: Wall/Window Unit(s)
- Heating Type: Wall Furnace
- Heating: Wall Furnace
- Flooring Type: Wood
- Flooring: Wood
- Virtual Tour URL Branded: http://growthinvestmentgroup.com/listingdetail.aspx?pid=10513
- Entry Location: 1
- Foundation Details: Raised
- Foundation Details: Raised
- Property Condition: Repairs Cosmetic
- View Description: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Pool Heat: N/K
- Spa Features: None
- Spa Heat: N/K
- Lot Features: 16-20 Units/Acre, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit
- Direction Faces: West
- Number Of Units: 4
- Land Lease: No
- Land Lease Type: Fee
- Levels: One
- Water: Public
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
- Electric: Standard
- Water Source: Public
- Garage Spaces: 4
- Parking: Yes
- Parking Garage: Assigned, Garage
- Uncovered Spaces: 0
- Open Other Spaces Total: 0
- Parking Garage Spaces: 4
- Carport Spaces: 0
- Parking Features: Assigned, Paved, Garage
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 4
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 4
- Unit Type Garage Attached: No
- Unit Type Actual Rent: $1,676
- Unit Type Total Rent: $6,703
- Unit Type Pro Forma: 9600
- Unit Type Type: 1
- Number Of Units Leased: 4
- Rent Controlled: Yes
- Number Of Buildings: 5
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
- Number With Dishwasher: 0
- Number With Range: 4
- Number With Refrigerator: 0
- Number With Disposal: 4
- Number Wall AC: 4
Property History for 514 North Madison Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 28, 2025 | Listed (Active) SDMLS #AR25249218 | $1,445,000 | — |
| Oct 28, 2025 | Listed (Active) CLAW #AR25249218MR | $1,445,000 | — |
| Oct 28, 2025 | Listed (Active) CRMLS #AR25249218 | $1,445,000 | — |
| Jun 8, 2025 | Expired CRMLS #DW25024692 | — | |
| Jun 8, 2025 | Expired CRMLS #DW25027813 | — | |
| Jun 7, 2025 | Expired CLAW #DW25027813MR | $1,777,000 | — |
| Jun 7, 2025 | Expired CLAW #DW25024692MR | $1,777,000 | — |
| Jun 2, 2025 | Expired CRMLS #DW25006052 | — | |
| Jun 1, 2025 | Expired CLAW #DW25006052MR | $10,500,000 | — |
| Apr 25, 2025 | Withdrawn / Cancelled CRMLS #DW25006052 | $10,500,000 | — |
| Apr 25, 2025 | Withdrawn / Cancelled CRMLS #DW25024692 | $1,777,000 | — |
| Apr 25, 2025 | Withdrawn / Cancelled CRMLS #DW25027813 | $1,777,000 | — |
| Apr 25, 2025 | Expired SDMLS #DW25024692 | $1,777,000 | — |
| Apr 25, 2025 | Withdrawn / Cancelled CLAW #DW25024692MR | — | |
| Apr 25, 2025 | Expired SDMLS #DW25027813 | $1,777,000 | — |
| Apr 25, 2025 | Withdrawn / Cancelled CLAW #DW25027813MR | — | |
| Apr 25, 2025 | Withdrawn / Cancelled CLAW #DW25006052MR | — | |
| Feb 6, 2025 | Listed (Active) CRMLS #DW25027813 | $2,100,000 | — |
| Feb 4, 2025 | Listed (Active) CLAW #DW25027813MR | $2,100,000 | — |
| Feb 4, 2025 | Listed (Active) SDMLS #DW25027813 | $2,100,000 | — |
| Feb 3, 2025 | Listed (Active) CRMLS #DW25024692 | $2,100,000 | — |
| Feb 2, 2025 | Listed (Active) CLAW #DW25024692MR | $2,100,000 | — |
| Feb 2, 2025 | Listed (Active) SDMLS #DW25024692 | $2,100,000 | — |
| Jan 10, 2025 | Listed (Active) CRMLS #DW25006052 | $11,999,999 | — |
| Jan 9, 2025 | Listed (Active) CLAW #DW25006052MR | $11,999,999 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/28/2025 | Listed (Active) SDMLS #AR25249218 | $1,445,000 |
| 10/28/2025 | Listed (Active) CLAW #AR25249218MR | $1,445,000 |
| 10/28/2025 | Listed (Active) CRMLS #AR25249218 | $1,445,000 |
| 06/08/2025 | Expired CRMLS #DW25024692 | — |
| 06/08/2025 | Expired CRMLS #DW25027813 | — |
| 06/07/2025 | Expired CLAW #DW25027813MR | $1,777,000 |
| 06/07/2025 | Expired CLAW #DW25024692MR | $1,777,000 |
| 06/02/2025 | Expired CRMLS #DW25006052 | — |
| 06/01/2025 | Expired CLAW #DW25006052MR | $10,500,000 |
| 04/25/2025 | Withdrawn / Cancelled CRMLS #DW25006052 | $10,500,000 |
| 04/25/2025 | Withdrawn / Cancelled CRMLS #DW25024692 | $1,777,000 |
| 04/25/2025 | Withdrawn / Cancelled CRMLS #DW25027813 | $1,777,000 |
| 04/25/2025 | Expired SDMLS #DW25024692 | $1,777,000 |
| 04/25/2025 | Withdrawn / Cancelled CLAW #DW25024692MR | — |
| 04/25/2025 | Expired SDMLS #DW25027813 | $1,777,000 |
| 04/25/2025 | Withdrawn / Cancelled CLAW #DW25027813MR | — |
| 04/25/2025 | Withdrawn / Cancelled CLAW #DW25006052MR | — |
| 02/06/2025 | Listed (Active) CRMLS #DW25027813 | $2,100,000 |
| 02/04/2025 | Listed (Active) CLAW #DW25027813MR | $2,100,000 |
| 02/04/2025 | Listed (Active) SDMLS #DW25027813 | $2,100,000 |
| 02/03/2025 | Listed (Active) CRMLS #DW25024692 | $2,100,000 |
| 02/02/2025 | Listed (Active) CLAW #DW25024692MR | $2,100,000 |
| 02/02/2025 | Listed (Active) SDMLS #DW25024692 | $2,100,000 |
| 01/10/2025 | Listed (Active) CRMLS #DW25006052 | $11,999,999 |
| 01/09/2025 | Listed (Active) CLAW #DW25006052MR | $11,999,999 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 514 North Madison Avenue
Schools near 514 North Madison Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Madison Elementary School PublicK to 5 | ||
Octavia E. Butler Magnet School Public6 to 8 | ||
John Muir High School Public9 to 12 | ||
Rose City High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Growth Investment Group Pasade, Handoko Chen, DRE #01749321
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.