506 North Madison Avenue
506 North Madison Avenue
Sold 7/27/23
Sold 7/27/23
Description
- Listed by Jason Tuvia • DRE #01772495 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 506 North Madison Avenue
Location
Sold By Coldwell Banker Hallmark, Tereza Toramanyan, DRE #02038821
Property Details for 506 North Madison Avenue
| Status | Sold |
|---|---|
| MLS # | 23-273201 |
| Days on Market | 27 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1963 |
| Lot Size | 0.11 AC / 4,998 SF |
| County | Los Angeles County |
Location
Sold By Coldwell Banker Hallmark, Tereza Toramanyan, DRE #02038821
Building Information for 506 North Madison Avenue
Payment Calculator
$7,017 per month
30 year fixed, 7.25% Interest
$6,276
$741
$0
Property Information for 506 North Madison Avenue
- Tax Mello Roos: No
- Number Of Units: 4
- Amenities: None
- Senior Community: No
- Year Built Source: Vendor Enhanced
- Number Of Stories: 2
- Number Of Buildings: 1
- Type Of Units: Market
- View: Yes
- View Description: City
- View: City Lights
- Security Features: Gated
- Water Heaters: Yes
- Probate: No
- Financing: Submit
- Disclosures: As Is
- Listing Type: Exclusive Agency
- Service Level: Full Service
- Scheduled Actual: Actual
- Gross Operating Income: $87,661
- Net Operating Income: $63,814.00
- Gross Income: $90,372
- Cap Rate: 5.11%
- Gross Rent Multiplier: $13.83
- Financial Info as Of: 05/23/2023
- Vacancy Allow Dollar: $2,711.00
- Vacancy Allow Percent: 3.00%
- Total Annual Expense: 23847
- Land Lease Type: Fee
- Land Lease: No
- Additional Parcel Number: No
- Lot Acreage: 0.1147
- Lot Size Square Feet: 4998
- Lot Features: Rectangular Lot
- Lot Description: Single Lot, Lot Shape-Rectangular
- Lot Location: City
- Parking Garage: Controlled Entrance, Driveway, Driveway Gate, Gated, Uncovered
- Total Parking: 4
- Parking Features: Controlled Entrance, Driveway, Gated, Uncovered
- Cooling Type: Air Conditioning
- Heating: Wall Furnace
- Heating Type: Wall
- Equipment: Built-Ins, Refrigerator, Range/Oven
- Pool: No
- Private Pool: No
- Pool Description: None
- Pool Features: None
- Spa: No
- Spa: None
- Tennis: No
- Tennis Court: None
- New Construction: No
- Other Structures: None
- Entry Date: 05-23-2023
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,650.00
- Unit Actual Rent: $2,650.00
- Unit Projected Rent: $2,650.00
- Like Units: 1
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,150.00
- Unit Actual Rent: $1,150.00
- Unit Projected Rent: $2,650.00
- Like Units: 1
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $1,631.00
- Unit Actual Rent: $1,631.00
- Unit Projected Rent: $2,650.00
- Like Units: 1
- Unit Beds: 2
- Unit Baths: 1
- Unit Furnished: No
- Unit Rent: $2,100.00
- Unit Actual Rent: $2,100.00
- Unit Projected Rent: $2,650.00
- Like Units: 1
- Unit Type Type: 2106, 2107, 2108, 2109
- Assessed Improvement Value: $183,885.00
- Assessed Improvement Percent: 26.92
- Assessed Land Value: $499,130.00
- Assessed Land Percent: 73.08
- Assessed Total Value: $683,015.00
Property History for 506 North Madison Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 506 North Madison Avenue
Schools near 506 North Madison Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Dayton Heights Elementary School PublicK to 5 | ||
Thomas Starr King Middle School Public6 to 8 | ||
John Marshall Senior High School Public9 to 12 | ||
Camino Nuevo High No. 2 Charter9 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 Marcus & Millichap, Jason Tuvia, DRE #01772495
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.