Brent Ballard
Anderson Ballard Companies
(747) 307-4526
166 Total Sales
1 in Adams Hill
$960,000 Price
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.
Brent Ballard
Anderson Ballard Companies
(747) 307-4526
166 Total Sales
1 in Adams Hill
$960,000 Price
Peggy Lim
Real Brokerage Technologies
(626) 889-5586
85 Total Sales
1 in Adams Hill
$1,360,000 Price
Dana Frank
Rodeo Realty
(424) 842-2137
139 Total Sales
1 in Adams Hill
$88,000 Price
'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
115 Total Sales
3 in Adams Hill
$685K - $1.4M Price Range
David Nalbandyan
LA Premier Realty
(747) 277-0134
78 Total Sales
1 in Adams Hill
$1,075,000 Price
Brian J. Stace
HORIZON REALTY INTERNATIONAL
(855) 575-1639
17 Total Sales
1 in Adams Hill
$1,500,000 Price
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,610,000 | Commonwealth Land Title Compan | ||
| Madison Way Apartments Llc | $3,400,000 | Chicago Title Company | |
| Brackett Daniel B | -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $1,670,000 | ||
| Previous Owner | Madison Way Apartments Llc | $1,600,000 | |
| Previous Owner | The Brackett Family Trust | $640,000 | |
| Previous Owner | Brackett Daniel B | $510,000 |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/31/2025 01/31/25 | Sold | $3,610,000 | -1.8% | $319 / Sq Ft | |
| 01/21/2025 01/21/25 | Pending | -- | -- | -- | |
| 12/10/2024 12/10/24 | For Sale | $3,675,000 | +8.1% | $325 / Sq Ft | |
| 12/15/2021 12/15/21 | Sold | $3,400,000 | -8.1% | $301 / Sq Ft | View Prior Sale |
| 10/15/2021 10/15/21 | Pending | -- | -- | -- | |
| 09/23/2021 09/23/21 | For Sale | $3,700,000 | -- | $327 / Sq Ft |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $40,436 | $3,682,200 | $1,234,200 | $2,448,000 |
| 2025 | $40,436 | $3,608,106 | $1,443,242 | $2,164,864 |
| 2024 | $39,865 | $3,537,360 | $1,414,944 | $2,122,416 |
| 2023 | $38,971 | $3,468,000 | $1,387,200 | $2,080,800 |
| 2022 | $38,307 | $3,400,000 | $1,360,000 | $2,040,000 |
| 2021 | $13,720 | $1,136,322 | $397,706 | $738,616 |
| 2019 | $12,882 | $1,105,020 | $385,911 | $719,109 |
| 2018 | $12,571 | $1,083,401 | $378,345 | $705,056 |
| 2016 | $11,892 | $1,039,026 | $363,654 | $675,372 |
| 2015 | $11,658 | $1,023,420 | $358,192 | $665,228 |
| 2014 | $11,605 | $1,003,374 | $351,176 | $652,198 |
Seller's Agent in 2025
Kenny Stevens
Compass
(424) 284-4453
1 in this area
49 Total Sales
Buyer's Agent in 2025
Henry Horn
Compass
(424) 279-2910
1 in this area
21 Total Sales
Buyer Co-Listing Agent in 2025
Joe Myere
Compass
(702) 339-1341
1 in this area
19 Total Sales
Seller's Agent in 2021
Nick Petrosian
RE/MAX
(949) 607-7096
1 in this area
53 Total Sales
Source: The MLS
MLS Number: 24-471043
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