5951 Madden Avenue, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath

5951 Madden Avenue, Los Angeles, California 90043 home-pic-0
ACTIVE$859,000
5951 Madden Avenue, Los Angeles, California 90043
3Beds
2Baths
1,248Sqft
4,802Lot
Year Built
1924
Close
-
List price
$859K
Original List price
$889K
Price/Sqft
$688
HOA
-
Days on market
-
Sold On
-
MLS number
PW25008944
Home ConditionGood
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 2 Cons,3 Pros. Rank: price - $859.0K(51th), sqft - 1248(28th), beds - 3(50th), baths - 2(50th).

***FOR SALE ONLY***BACK ON THE MARKET - BUYERS COULD NOT PERFORM.*** If you are looking for a fully remodeled and beautifully finished home that is located in a great Park Mesa Heights neighborhood? This home has it all! You just have to see it to fall in love with this beautifully Spanish designed property. This home has 3 bedrooms, 2 bathrooms, large 2 cars detached garage ready to be converted into an ADU. This home has too many new upgrades to list. Some of the many new upgrades include remodeled kitchens, remodeled bedrooms and bathrooms, new garage door machine, central AC/heating, new landscaping with sprinklers, new recessed lights, new baseboards, new tiles and new waterproof laminate wood floors, new fence, new water heater, new interior/exterior paints and new doors throughout. The kitchens are custom designed with brand new beautiful wood cabinets, granite counter tops and high end appliances. IT IS BASICALLY BRAND NEW EVERYTHING!! Enjoy the outdoors with a large backyard that is perfect for entertaining and a beautiful front yard as well! This Beauty is nestled near Sofi Stadium, the Forum, DTLA and many schools and shopping centers. Bring your picky buyers to this one - they will love it!

Nearby schools

2/10
Fifty-Ninth Street Elementary School
Public,K-50.4mi
2/10
Yes Academy
Public,K-50.4mi
3/10
Angeles Mesa Elementary School
Public,K-50.7mi
3/10
Seventy-Fourth Street Elementary School
Public,K-51.1mi
2/10
Fifty-Fourth Street Elementary School
Public,K-51.1mi
1/10
Lane (Warren) Elementary School
Public,K-61.3mi
4/10
Centinela Elementary School
Public,K-61.3mi
2/10
Forty-Second Street Elementary School
Public,K-51.5mi
3/10
Windsor Hills Math Science
Public,K-51.8mi
1/10
Horace Mann Junior High School
Public,6-81.1mi
2/10
Barack Obama Global Preparation Academy
Public,6-81.4mi
2/10
Audubon Middle School
Public,6-81.7mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.8mi
2/10
Crozier (George W.) Middle School
Public,7-82.8mi
/10
Monroe (Albert F.) Middle School
Public,6-83.2mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,9-120.8mi
2/10
Inglewood High School
Public,9-122.4mi
2/10
George Washington Preparatory High School
Public,9-123.5mi
9/10
Middle College High School
Public,9-126.0mi

Price History

Date
Event
Price
04/23/25
Sold
$820,000
11/14/24
Sold
$613,000
Condition Rating
Good

The listing describes a fully remodeled home with new kitchens and bathrooms featuring wood cabinets, granite countertops, and high-end appliances. It also mentions new flooring, paint, central AC/heating, and landscaping. While the property was built in 1924, the extensive renovations suggest a condition that is move-in ready with updated systems and finishes, justifying a 'good' condition score.
Pros & Cons

Pros

Extensive Remodel: The property has undergone a complete remodel, featuring new kitchens, bathrooms, flooring, paint (interior/exterior), and landscaping, offering a move-in-ready experience.
ADU Potential: The large, detached 2-car garage presents a significant opportunity for conversion into an Accessory Dwelling Unit (ADU), potentially increasing rental income or providing additional living space.
Prime Location: Located in the desirable Park Mesa Heights neighborhood, the property is conveniently close to SoFi Stadium, The Forum, DTLA, schools, and shopping centers, enhancing its appeal to a wide range of buyers.

Cons

Previous Failed Sale: The property is back on the market due to a previous buyer's inability to perform, which may raise concerns among potential buyers and require addressing any underlying issues.
Price Reduction: The property has experienced a price reduction from its original list price, which could indicate market resistance or perceived overpricing initially.

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