NOT LISTED FOR SALE

556 N Madison Ave Unit 2 Los Angeles, CA 90004

East Hollywood Neighborhood

Estimated Value: $921,000 - $1,318,000

4 Beds
3 Baths
2,327 Sq Ft
$488/Sq Ft Est. Value

Last Sold June 14, 2012

Last sale price $447,000 $192 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $6,528/month

79 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • Views
  • John Marshall Senior High Rated A
  • Attached Garage
  • 2-minute walk to Madison West Park

About This Home

As of June 2012

Amazing opportunity to own a large and gorgeous town home style condo. Attached 2 car garage and there is additional off-street parking. The property is gated to provide usable outdoor space. Centrally located with easy access to Hollywood and short stroll to L.A Downtown. Features included; gleaming hardwood floor, kitchen and bathroom with granite counter top,living room with gas fireplace, crown moldings throughout, large closet, lots of storage space and much more....

Last Agent to Sell the Property

Boyoung Im

Max Mega Group License #01411399 Listed on: 09/20/2011

Last Buyer's Agent

Yongho Rho

Max Mega Group License #01035466

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,838

Year Built

  • Built in 2005

Lot Details

  • 0.26

Parking

  • Attached Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,327 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room
  • Property Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Pets Allowed

Listing and Financial Details

  • Assessor Parcel Number 5539-031-031

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,838

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Street Number Display: Yes
  • Complex Name: None
  • Entry Floor: 2
  • Living Area: 2327
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 2005
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed, Tile
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Range/Oven
  • Price Per S Q F T: 193.38

Exterior Features

  • Pool: No
  • Roof: Composition, Shingle
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Garage

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 40.50

Lot Info

  • Assessor Parcel Number: 5539-031-031

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2014
Sold by
Choi Steve and Choi Mina
Bought by
Choi Steve and Choi Mina
Current Estimated Value
$1,088,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
The Cwcl Living Trust
Bought by
Choi Steve and Song Mina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2010
Sold by
Chung Woong Chun
Bought by
The Cwcl Living Trust

Purchase Details

Closed on
May 14, 2008
Sold by
Chung Jong Tae and Lee Bok Kyu
Bought by
Chung Woong Chun
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Choi Steve -- Provident Title Company
Choi Steve $447,000 Fidelity National Title Co
The Cwcl Living Trust -- None Available
Chung Woong Chun -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Steve $576,800
Closed Choi Steve $573,000
Closed Choi Steve $558,000
Closed Choi Mina $100,000
Closed Choi Steve $472,800
Closed Choi Steve $469,000
Closed Choi Steve Y $100,000
Previous Owner Choi Steve $417,000
Previous Owner Chung Woong Chun $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2012 06/14/12 Sold $447,000 0.0% $192 / Sq Ft
12/08/2011 12/08/11 Pending -- -- --
11/03/2011 11/03/11 Off Market $447,000 -- --
09/20/2011 09/20/11 For Sale $450,000 -- $193 / Sq Ft
Source: The MLS

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 $6,838 $561,446 $283,361 $278,085
2024 $6,838 $550,438 $277,805 $272,633
2023 $6,707 $539,646 $272,358 $267,288
2022 $6,397 $529,066 $267,018 $262,048
2021 $6,308 $518,693 $261,783 $256,910
2019 $6,118 $503,310 $254,019 $249,291
2018 $6,049 $493,442 $249,039 $244,403
2016 $5,820 $474,282 $239,369 $234,913
2015 $5,736 $467,159 $235,774 $231,385
2014 $5,757 $458,009 $231,156 $226,853
Source: Public Records

Agents Affiliated with this Home

  • Boyoung Im

    Seller's Agent in 2012

    Boyoung Im

    RE/MAX

    (213) 284-2929

    10 Total Sales

    Section Image

  • Y

    Buyer's Agent in 2012

    Yongho Rho

    RE/MAX

    (213) 276-2202

    1 in this area

    30 Total Sales

    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 11-555399

The MLS

APN: 5539-031-031

California Los Angeles County Los Angeles 90004 East Hollywood

556 N Madison Ave Unit 2, Los Angeles, CA

This home is located at 556 N Madison Ave Unit 2, Los Angeles, CA 90004 since 20 September 2011 and is currently estimated at $1,134,910, approximately $487 per square foot. This property was built in 2005. 556 N Madison Ave Unit 2 is a home located in Los Angeles County with nearby schools including Dayton Heights Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes