24909 Madison Avenue 3513, Murrieta, California 92562, Murrieta, 92562 - 1 bed, 1 bath
24909 Madison Avenue 3513
Murrieta, California 92562
Property Price
SUMMARY
Analysis of 24909 Madison Avenue 3513, Murrieta, California 92562 is currently available with a list price of $330,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Murrieta Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2002, this condo is well-maintained and move-in ready. The property features updated laminate/vinyl plank flooring throughout, and freshly painted walls. While the kitchen and bathroom are clean and fully functional, they retain an older aesthetic with white appliances, laminate countertops, and basic fixtures, suggesting they have not undergone a full modern renovation. However, there are no immediate repairs or significant updates required, aligning with a 'Good' condition score.
PROSSTRENGTHS & OPPORTUNITIES
- Gated Community & Desirable Location
Offers secure gated living within Madison Park, identified as one of Murrieta’s most desirable communities, with close proximity to Temecula’s wineries and downtown attractions.
- Comprehensive Community Amenities
Residents benefit from a sparkling pool, relaxing spa, fitness center, and picnic area, significantly enhancing the lifestyle and value proposition.
- Excellent Accessibility
Strategically located near the 15 freeway, shopping, and dining, providing convenient access for daily commutes and essential services.
CONSRISKS & DEFICIENCIES
- Limited Space for Growth
As a 1-bedroom, 1-bathroom unit with 854 sqft, it may not be suitable for growing families or individuals requiring more extensive living space.
- Significant Monthly HOA Fees
The association fee of $366.18 per month represents a substantial recurring cost that adds to the overall expense of homeownership.
- Condominium Lifestyle Limitations
Condo living typically involves adherence to HOA rules and regulations, which may restrict personal modifications or outdoor space usage, potentially limiting appeal for some buyers.
About 24909 Madison Avenue 3513
Experience the comfort and convenience of gated living in Madison Park, one of Murrieta’s most desirable communities. This spacious condo features an open living area that connects seamlessly to the kitchen, great for entertaining or relaxing with family and friends. The kitchen offers abundant counter space, sleek white cabinetry, and a pantry for extra storage. The bedroom includes a roomy walk-in closet, while the in-unit laundry adds a touch of convenience. Parking is effortless with one covered carport and an additional assigned space. Community amenities include a sparkling pool, relaxing spa, fitness center, and picnic area. Conveniently located near the 15 freeway, shopping, dining, and just minutes from Temecula’s wineries and downtown attractions, this home blends comfort, convenience, and location beautifully.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2002
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $366.18 / Month
Neighborhood Insights
Murrieta Unified Schools
Murrieta Elementary School
Grades K-5 • 0.5 mi
Thompson Middle School
Grades 6-8 • 1.6 mi
Murrieta Valley High School
Grades 9-12 • 1.6 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 6% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 854 | 1,235 | 6% |
| Lot Size | - | - | 50% |
| Price | $330.0K | $462.5K | 3% |
| Price per sq ft | $386 | $340 | 81% |
| Built year | 2002 | 2005 | 16% |
| HOA | $366.18 | $355 | 68% |
| Days on market | 143 | 162 | 42% |
Pricing History
Listed for Sale
Mar 3, 2026
$330,000
$355,000
-7% Price Drop
Initial Listing
Price Change
Oct 16, 2025
$355,000
Initial Listing