NOT LISTED FOR SALE

118 S Madison Ave Los Angeles, CA 90004

Koreatown Neighborhood

Estimated Value: $925,632 - $1,370,000

3 Beds
1 Bath
1,178 Sq Ft
$967/Sq Ft Est. Value

Highlights

  • Lawn
  • Cul-De-Sac
  • Laundry Room
  • No HOA
  • Bathtub
  • Walk-in Shower

About This Home

As of January 2020

Super opportunity to live in this quaint vintage style home located in the Rampart Village area. This home features beautiful wood floors through out, a new kitchen floor, brand new stove, and newer windows. Indoor laundry hook ups are available, security window bars, and ceiling fan in second bedroom. This property has ample off street parking. Detached 2 car garage with carport and extra long driveway provides parking for approximately 7 cars and additional street parking in front of the house. Driveway is gated for extra security. Fenced rear yard has fruit trees and room to entertain. Pet's ok. Landlord will provide landscape maintenance. Close to freeways and downtown. A must see!

Last Agent to Rent the Property

Nathan Gruwell

eXp Realty of California Inc License #01192274 Listed on: 01/05/2020

eXp Realty of California Inc

Last Renter's Agent

Nathan Gruwell

eXp Realty of California Inc License #01192274 Listed on: 01/05/2020

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,646

Year Built

  • Built in 1948

Lot Details

  • 6,241 Sq Ft Lot
  • Cul-De-Sac
  • Lawn
  • Property is zoned LAR3

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Two Garage Doors
  • Driveway

Interior Spaces

  • 1,178 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Additional Features

  • Urban Location
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 1/8/20
  • Tax Lot 37
  • Tax Tract Number 6116
  • Assessor Parcel Number 5501015019

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,646

Year Built

Built in 1948

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2020-01-08
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 250
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Pets Allowed: Yes

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5501015019
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1178.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.59
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage, Garage - Two Door
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Radiant
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac, Lawn
  • Lot Size Sq Ft: 6241.00
  • Lot Size Acres: 0.1433

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6241.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 2111.22
  • Tax Lot: 37
  • Tax Tract Number: 6116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2016
Sold by
Inouye Grace
Bought by
Inouye George and Inouye Grace
Current Estimated Value
$1,139,158

Purchase Details

Closed on
Feb 16, 2016
Sold by
Yamauchi Violet
Bought by
Inouye Grace and Inouye George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$296,835
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$800,325

Purchase Details

Closed on
Sep 13, 1995
Sold by
Fukumoto Masako
Bought by
Yamauchi Violet
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Inouye George -- Lawyers Title
Inouye Grace -- Lawyers Title
Yamauchi Violet -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inouye Grace $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2020 01/19/20 Rented $3,050 +1.8% --
01/15/2020 01/15/20 Price Changed $2,995 -3.4% $3 / Sq Ft
01/05/2020 01/05/20 For Rent $3,100 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,646 $370,098 $252,610 $117,488
2024 $4,646 $362,842 $247,657 $115,185
2023 $4,563 $355,728 $242,801 $112,927
2022 $4,361 $348,754 $238,041 $110,713
2021 $4,302 $341,917 $233,374 $108,543
2019 $4,178 $331,778 $226,453 $105,325
2018 $4,097 $325,273 $222,013 $103,260
2016 $1,004 $75,336 $41,816 $33,520
2015 $990 $74,205 $41,188 $33,017
2014 $1,004 $72,753 $40,382 $32,371
Source: Public Records

Agents Affiliated with this Home

  • N

    Landlord's Agent in 2020

    Nathan Gruwell

    eXp Realty of California Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20003423

California Regional Multiple Listing Service (CRMLS)

APN: 5501-015-019

California Los Angeles County Los Angeles 90004 Koreatown

118 S Madison Ave, Los Angeles, CA

This home is located at 118 S Madison Ave, Los Angeles, CA 90004 since 05 January 2020 and is currently priced at $1,139,158. This property was built in 1948. 118 S Madison Ave is a home located in Los Angeles County with nearby schools including Dr. Sammy Lee Medical And Health Science Magnet Elementary, Virgil Middle School, and Belmont High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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