3334 Madera Avenue Los Angeles, CA $ 1,899,000
3334 Madera Avenue
$ 1,899,000
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3334 Madera Avenue

Los Angeles, CA, 90039
$ 1,899,000
Bedrooms3 Baths4.0 Sq 2,330

Monthly Estimate*

$ 13,265

Listed by The Agency
3334 Madera Avenue, Los Angeles, CA 90039 - Image 1
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Multi-Family Home for sale in Los Angeles, CA

for $1,899,000 with 3 bedrooms and 4 full baths. This 2,330 square foot home was built in 1923 on a lot size of 0.1241.

Fantastic investment opportunity nestled in the heart of vibrant Atwater Village. A modern home, meticulously remodeled in 2021, complemented with a newly constructed (2021) detached ADU with separate address– 3332 Madera. This property provides a perfect setup for strong rental income, multi-generational living, or an in-law/ guest suite. The newly reconstructed main residence features 1,563 square feet of modern designer living space, a bright open floor plan, three bedrooms, and four bathrooms. Inside, discover high ceilings, light oakwood flooring, and a chic open kitchen with gray cabinetry and stainless steel appliances. Each bedroom is en-suite, including a lavish primary suite with a generously sized private terrace on the second level. Additionally, a flexible lower-level space and inviting dining patio enhance the living experience. The fully detached accessory dwelling unit features nearly 800 sqft. of newly built living space with two bedrooms and three baths. Upon entering, the first floor features a well-appointed kitchen, living space, and patio. Upstairs, two en-suite bedrooms with a laundry room create an ideal layout. Currently tenant-occupied, this ADU offers various possibilities, whether as an income generator, guest accommodation, or personal sanctuary. Outside, an automatic driveway gate leads to an oversized garage—a rare feature when combined with an ADU. Enjoy the convenience of gated driveway access, ample off-street parking, and an unbeatable location. This gem in Atwater Village is easily within reach to the neighborhood's charming coffee shops, diverse dining options, markets, and recreational facilities. Don't miss out on this exceptional opportunity to invest in Atwater Village's thriving community. Both units are currently occupied with excellent renters and very strong rental income.

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Multi-Family Active

Price

$ 1,899,000

Bedrooms

3

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Contemporary

Lot Size

0.1241

Year Built

1923

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24085289

Days on Market

18

Features
General
Interior Features HighCeilings OpenFloorplan RecessedLighting Unfurnished BedroomonMainLevel MainLevelPrimary WalkInClosets
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities ElectricityConnected NaturalGasConnected SewerConnected WaterConnected
Appliances Dishwasher Freezer Disposal GasOven GasRange IceMaker Refrigerator RangeHood WaterHeater Dryer Washer
Zoning LAR1
HOA 0.0
Garage Spaces 1.0
Architectural Style Contemporary
Pool Features None
Year Built 1923
Tenant Pays Electricity Gas
View CityLights Neighborhood
Stories 1
Levels One
Property SubType SingleFamilyResidence
Gross Income 107880.0
Community Features Sidewalks
County Los Angeles
Net Operating Income 80229.0
Operating Expense 27651.0
Insurance Expense 1923.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Glendale Blvd. to Madera Ave.
City Los Angeles
Entry Location Front
View Y/N Y
Senior Community Y/N N
Total Units 2
MLS Area 606 - Atwater
Lot Size Square Feet 5404.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Madera
Listing Terms CashtoNewLoan
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Trash Expense 0.0
Water Sewer Expense 1080.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Virtual Tour https://youtu.be/j9Zn7dPQDfU https://youtu.be/j9Zn7dPQDfU
Days on Market 17
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 345
Property Sub Type Additional SingleFamilyResidence
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Interior
Flooring Wood
Fireplace Features None
Total Stories 2
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Laundry Features WasherHookup GasDryerHookup Inside LaundryRoom
Entry Level 1
Electric On Property Y/N N
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Exterior
Lot Features FrontYard
Water Source Public
Total Parking 1.0
Lot Size Area 5404.0
Number of Buildings 2
Spa N
Building Area Total 2330.0
Lot Size Acres 0.1241
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 2
Number of Separate Electric Meters 2
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 3334
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* Excluded Features
List By
The Agency

Broker

(818) 850-1458

Phone

Affordability Calculator

$13,265
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,265
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$1,899,000 Listed Price

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3334 Madera Avenue, Los Angeles, CA, 90039 is a Multi-Family Home for sale at $1,899,000 with 2,330 sqft and a lot size of 0.1241. 3334 Madera Avenue has 3 bedrooms, 4.0 baths, and was built in 1923. The property's zip code is 90039 which is in Los Angeles, CA