NOT LISTED FOR SALE

717 N Madison Ave Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $1,124,000 - $1,497,000

3 Beds
1 Bath
1,344 Sq Ft
$980/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $1,150,000 $856 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,401/month

32 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • John Marshall Senior High Rated A
  • Den
  • Laundry Room

About This Home

As of July 2021

First time on the market! Attention investors, developers, flippers, any and all buyers, this property is a great opportunity for remodeling, adding an adu or possibly build up to 8 units on this multifamily zoned property in a prime East Hollywood location! 1/2 mile from the Santa Monica/Vermont metro station, a block from LACC, Sqirl, Melody and much more. This home is full of potential with 3 bedrooms plus den, living room and huge dining room plus a spacious kitchen with a eat in breakfast nook, a large laundry area/storage area under the house and a long driveway with a detached garage. This house has great bones including completed earthquake retrofitting. Buyer to do their own investigation regarding zoning, permits, square footage, etc. Information is not guaranteed by seller nor listing broker and agents.

Last Agent to Sell the Property

Jenny Lin

Berkshire Hathaway Home Servic License #01383084 Listed on: 06/10/2021

Berkshire Hathaway Home Servic

Last Buyer's Agent

Matthew Frary

Keller Williams Realty License #02125371

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,681

Year Built

  • Built in 1923

Lot Details

  • 6,386 Sq Ft Lot
  • East Facing Home
  • Chain Link Fence
  • No Sprinklers

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room
  • Den
  • Gas Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Floor Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1111
  • Tax Tract Number 191420
  • Assessor Parcel Number 5539021003

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,681

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5539021003
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1344.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 742.56
  • Room Type: Den, Living Room

Exterior Features

  • Patio: No
  • Direction Faces: East
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6386.00
  • Lot Size Acres: 0.1466

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6386.0000 Square Feet

Tax Info

  • Tax Lot: 1111
  • Tax Tract Number: 191420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 27, 2021
Sold by
Mizota Diane and Irene M Yamamoto Revocable Tru
Bought by
Grimes Benjamin William Carter and Anderson Leah Elizabeth
Seller's Agent
Jenny Lin
Berkshire Hathaway Home Servic
Buyer's Agent
Matthew Frary
Keller Williams Realty
List Price
$998,000
Sold Price
$1,150,000
Premium/Discount to List
$152,000
15.23%
Total Days on Market
32
Current Estimated Value
$1,317,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,368
Avg. Annual Appreciation
3.39%
Original Mortgage
$920,000
Outstanding Balance
$836,565
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$480,803

Purchase Details

Closed on
Dec 21, 2007
Sold by
Yamamoto Irene M
Bought by
Yamamoto Irene M and The Irene M Yamamoto Revocable Trust

Purchase Details

Closed on
Apr 20, 2004
Sold by
Yamamoto Irene M and Grace S Yamamoto Trust
Bought by
Yamamoto Irene M
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
Grimes Benjamin William Carter $1,150,000 Chicago Title
Yamamoto Irene M -- None Available
Yamamoto Irene M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimes Benjamin William Carter $920,000
Previous Owner Yamamoto Irene M $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $1,150,000 +15.2% $856 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $998,000 -- $743 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $14,681 $1,220,388 $976,311 $244,077
2024 $14,681 $1,196,460 $957,168 $239,292
2023 $14,396 $1,173,000 $938,400 $234,600
2022 $13,725 $1,150,000 $920,000 $230,000
2021 $769 $45,918 $34,623 $11,295
2020 $770 $45,448 $34,268 $11,180
2019 $749 $44,558 $33,597 $10,961
2018 $647 $43,686 $32,939 $10,747
2016 $602 $41,992 $31,661 $10,331
2015 $594 $41,362 $31,186 $10,176
2014 $605 $40,553 $30,576 $9,977
Source: Public Records

Agents Affiliated with this Home

  • Jenny Lin

    Seller's Agent in 2021

    Jenny Lin

    Berkshire Hathaway Home Servic

    (626) 318-2918

    1 in this area

    45 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Matthew Frary

    Keller Williams Realty

    (760) 969-1000

    1 in this area

    2 Total Sales

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-5157

Pasadena-Foothills Association of REALTORS®

APN: 5539-021-003

California Los Angeles County Los Angeles 90029 East Hollywood

717 N Madison Ave, Los Angeles, CA

This home is located at 717 N Madison Ave, Los Angeles, CA 90029 since 10 June 2021 and is currently estimated at $1,317,368, approximately $980 per square foot. This property was built in 1923. 717 N Madison Ave 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.

Pasadena-Foothills Association of REALTORS® 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.

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