6059 Madden Avenue

Los Angeles, CA 90043

$850,000
Price
5
Beds
2
Baths
2,336 Sq. Ft.
$364 / Sq. Ft.
2,336
Sq. Ft.
$364
per Sq. Ft.

Description

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...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.
  1. Listed by Michelle Hicks • DRE #00982200 • Brokerage DRE #00982200 • R. Hicks Realty

Property Details for 6059 Madden Avenue

Zoning
LAR1
Style
California Bungalow
Parcel Number
4007009030
Total Units
2.0
Living Area
2336
Source Living Area
Vendor Enhanced
Area
Park Hills Heights (PHHT)
Vacancy Rate
0

Location

Listing Courtesy of R. Hicks Realty, Michelle Hicks, DRE #00982200
Add your commute
LISTING UPDATED: 04/14/2024 07:41 PM

Property Details for 6059 Madden Avenue

StatusActive
MLS #24-370755
Days on Market42
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1924
Lot Size0.11 AC / 4,795 SF
CountyLos Angeles County

Location

Listing Courtesy of R. Hicks Realty, Michelle Hicks, DRE #00982200
Add your commute

Building Information for 6059 Madden Avenue

Stories1Residences-Year Built1924Building Size-Lot Size0.11 AC / 4,795 SF

Payment Calculator

$4,931 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$292

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6059 Madden Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: 2 units
  • Entry Floor Number: 1
  • Water Heaters: Yes
Contract Info
Contract Info
  • Probate: No
  • Disclosures: Trust/Conservatorship
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $1,686
  • Net Operating Income: $1,436.00
  • Gross Income: $1,686
  • Gross Rent Multiplier: $2.38
  • Owner Pays: Gardener, Electricity, Gas
  • Total Annual Expense: 250.00
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1101
  • Lot Size Square Feet: 4795
  • Lot Size Dimensions: 40x120
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Garage - 2 Car, Driveway Gate
  • Total Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Garage - Two Door
  • Garage Structures Total: 1.0
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Floor Furnace, Wall Furnace
  • Heating Type: Floor Furnace, Wall
  • Flooring: Mixed
  • Equipment: None
  • Common Walls: Detached/No Common Walls
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-26-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,035.60
  • Unit Actual Rent: $1,035.60
  • Unit Projected Rent: $3,000.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $651.00
  • Unit Actual Rent: $651.00
  • Unit Projected Rent: $1,500.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
  • Number of Carpet: 0
  • Number of Dishwasher: 0
  • Number of Drapes: 0
  • Number of Electric Meters: 2
  • Number of Gas Meters: 2
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $98,002.00
  • Assessed Improvement Percent: 37.5
  • Assessed Land Value: $163,356.00
  • Assessed Land Percent: 62.5
  • Assessed Total Value: $261,358.00

Property History for 6059 Madden Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6059 Madden Avenue

Taxable ValueLand$163,356Additions$98,002Total$261,358
Tax Record2023$3,500 ($292 / month)
Home Facts
Total Finished SqFt2,336 SqFtAbove Grade Finished SqFt2,336 SqFtLot Size4,795 SqFtStyleDuplexYear Built1924ZoningLAR1CountyLOS ANGELESAPN4007-009-030

Schools near 6059 Madden Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Fifty-Ninth Street Elementary School
PublicK to 5

Excel Charter Academy
Charter6 to 8

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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6059 Madden Avenue is a multi-family home for sale in Los Angeles, CA 90043. This property was listed for sale on March 18, 2024 by R. Hicks Realty, it's currently listed at $850,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Fifty-Ninth Street Elementary School, Excel Charter Academy and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet. 6059 Madden Avenue is a 5-bed, 2-bath, 2,336 sqft multi-family home built in 1924.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of R. Hicks Realty, Michelle Hicks, DRE #00982200

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.