1 month on rocket

704 N Madison Ave, Los Angeles, CA, 90029

$405,000

Home List Price

$4,809*

Closing Credit

1 Bedroom
1 Full Bath
400 SqFt
$1,013/SqFt
House

Location

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704 N Madison Ave, Los Angeles$405,000

Buyer Closing Credits

$4,809*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1921
CoolingNone
FireplaceNone
ViewNone
MLS #OC24210289
Lot Size0.03 Acres
StatusActive

About 704 N Madison Ave

A good investment opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1921
  • Stories: 1
  • Living Area: 400 SqFt

Listing Office:

  • Office Name: Jason Elle Real Estate Inc
  • Office Phone: (310) 683-8972
  • Listing Agent: Norie Whittaker

Interior Features

Interior Information:

  • Interior: Bedroom on Main Level
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Cooling: None

Other

Directions Information:

  • Directions: Right on N. Vermont, Right on Melrose St, Left on N. Madison

Price Information

Listing Price Info

Price Summary:

  • List Price: $405,000
  • Price Per SqFt: $1,013/SqFt

Tax Information:

  • Annual Amount: $587
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

704 N Madison Ave vs Los Angeles

39 DAYS ON ROCKET

+1 Day

$405,000

-$618.4K Less

$1,013/SqFt

+$372 More

KEY TAKEAWAY

This property is $618.4K less than the Median Sold Price and $372/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24210289

Listing Office:

  • Office Name: Jason Elle Real Estate Inc
  • Office Phone: (310) 683-8972
  • Listing Agent: Norie Whittaker

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: 11/22/2024, 10:20:52 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

YEARPROP. TAXASSESSMENT
2021$587$40,671
2020$570$40,255
2019$550$39,467
2018$537$38,694
2017$537$37,936

History based on county public records data.

Payment Calculator

$2,089

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,281

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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.

Nearby Schools

school-card-donut-586497
7
/10

  • Dayton Heights Elementary School

  • 607 N Westmoreland Ave

  • 0.14 miles

  • Public District Grades KG-5

school-card-donut-586498
4
/10

  • Lockwood Avenue Elementary

  • 4345 Lockwood Ave

  • 0.37 miles

  • Public District Grades KG-6

school-card-donut-586499
6
/10

  • Dr. Sammy Lee Medical and Health Science Magnet

  • 3600 Council St

  • 0.68 miles

  • Public Magnet Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,857. The majority of Los Angeles, CA residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 704 N Madison Ave

What is the listing price of this property?

The listing price of 704 N Madison Ave property is $405,000.

What type of property is this?

The property 704 N Madison Ave is a house located in Los Angeles, California, 90029.

Is this property for sale now?

Active Listing: 704 N Madison Ave 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 $587 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 704 N Madison Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 704 N Madison Ave is 400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 704 N Madison Ave is 1921.

Rocket Homes›California›Los Angeles County›Los Angeles›90029›704 N Madison Ave

This home is located at 704 N Madison Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 400 square foot home, which was built in 1921, sits on a 0.03 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since October 14, 2024 and is currently priced at $405,000.

Over 598 listings were sold over their listed price in October 2024 in Los Angeles, CA. In the same period over 753 listings were sold below the listed price and 191 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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