Built in 1983, 327 S. Madison features (8) 2-bdrm. and 2.5-bath townhouse-style units with direct access to a private 2-car garage, central A/C, in-unit laundry, and a private patio. Each bright and spacious townhome averages approx. 1,413 SF, and tenants are responsible for paying the costs of gas, electric, and water. Current ownership has invested $200,000+ in capital improvements, and have upgraded several of the units with wood laminate flooring, updated cabinetry/backsplash, stainless-steel appliances, and recessed lighting. In addition, this turnkey property features a new roof installed in 2019 and new decks in 2020. We are offering 372 S. Madison at $325 per foot, the lowest PPSF compared to ales of similar properties in the area over the last 12 months. The property presents approx. 19% rental upside compared to market rents for renovated units in the area. At the list price, the property will stabilize at a 6.20% CAP and 11.19 GRM. This townhouse-style complex is located just east of Glendale Ave, the property is approx. 1.4 miles from The Americana, Glendale Galleria, Glendale Fashion Center, and an array of dining and entertainment options along Brand Blvd. In addition, 327 S. Madison sits steps from a recently completed 96,000 SF media facility by East End Studios.
Directions: Located just east S. Glendale Ave and Los Feliz Rd, 327 Madison is approx. 1.4 miles from The Americana and approx. 1.2 miles from the heart of Atwater Village.
Price Information
Listing Price Info
Price Summary:
List Price: $3,675,000
Price Per SqFt: $325/SqFt
Tax Information:
Annual Amount: $13,720
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Glendale, CA.
This property is $2.5M more than the Median Sold Price and $393/SqFt less than other homes in Glendale, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24471043
Listing Office:
Office Name: Compass
Office Phone: (310) 230-5478
Listing Agent: Kenny Stevens
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: 12/18/2024, 6:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$13,720
$1,138,722
2020
$12,882
$1,124,672
2019
$12,570
$1,102,620
2018
$12,388
$1,081,001
2017
$12,388
$1,059,806
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Cerritos Elementary School
120 E Cerritos Ave
Distance between this listing and this school0.32 miles
Public District Grades PK-6
8
/10
Horace Mann Elementary School
501 E Acacia Ave
Distance between this listing and this school0.45 miles
Public District Grades PK-5
7
/10
John Muir Elementary School
912 S Chevy Chase Dr
Distance between this listing and this school0.85 miles
Public District Grades KG-6
Nearby Schools
7
/10
Theodore Roosevelt Middle School
222 E Acacia Ave
Distance between this listing and this school0.36 miles
Public District Grades 6-8
7
/10
Irving STEAM Magnet
3010 Estara Ave
Distance between this listing and this school1.07 miles
Public Magnet Grades 6-8
6
/10
Isana Octavia Academy
3010 Estara Ave
Distance between this listing and this school1.08 miles
Public Charter Grades KG-8
Nearby Schools
7
/10
Alliance Leichtman-Levine Family Foundation Env Science High School
2930 Fletcher Dr
Distance between this listing and this school1.13 miles
Public Charter Grades 9-12
2
/10
Daily (Allan F.) High (Continuation)
220 N Kenwood St
Distance between this listing and this school1.38 miles
Public District Grades 9-12
9
/10
Renaissance Arts Academy
2558 N San Fernando Rd
Distance between this listing and this school1.57 miles
The neighbors living near this home have an average income of $77,679. The majority of Glendale, CA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 327 S Madison Way
What is the listing price of this property?
The listing price of 327 S Madison Way property is $3,675,000.
What type of property is this?
The property 327 S Madison Way is a house located in Glendale, California, 91205.
Is this property for sale now?
Active Listing: 327 S Madison Way is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $13,720 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 327 S Madison Way has 16 bedrooms and 20 bathrooms.
What is the square footage of this property?
The property 327 S Madison Way is 11,305 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 327 S Madison Way is 1983.
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This home is located at 327 S Madison Way in Glendale, CA and zip code 91205 in the Adams Hill neighborhood. This 11,305 square foot home, which was built in 1983, sits on a 0.23 acre lot. Features: 16 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $3,675,000.
Glendale, CA housing market in November 2024 saw over 31 listings sold above listed price, more than 10 sold at listed price and over 27 sold below. The inventory of homes for sale in Glendale, CA between October 2024 and November 2024 decreased by 9.8%. In November 2024 median list price was $1,150,000 and the average listing age was 29 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
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