3241 Madera Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 5 bed, 3 bath
ACTIVE$1,599,000
3241 Madera Avenue, Los Angeles, California 90039
5Beds
3Baths
2,387Sqft
5,401Lot
Year Built
1926
Close
-
List price
$1.6M
Original List price
$1.87M
Price/Sqft
$670
HOA
-
Days on market
-
Sold On
-
MLS number
SR25227537
Home ConditionFair
Features
Patio
View-
About this home
Great Deal:The estimated price is 3% above the list price. We found 3 Cons,6 Pros. Rank: price - $1.60M(52th), sqft - 2387(78th), beds - 5(97th), baths - 3(51th).
PRICE REDUCED! Located in the nice Atwater Village neighborhood. This home welcomes you with charm and modern convenience with 5 bedrooms, 3 baths, and 2,387 sqft of living space. Kitchen with custom cabinetry. Dining room with chandelier next to the living room with a fireplace. Converted garage offers flexible space for guests or a home office. Great for big families or real estate investors! Easy access to I-5 Fwy, close to Griffith Park, Golf Courses, LA Zoo, and hiking trails. Just mnutes to Glendale Galleria, Americana, and Burbank Airport. Situated in the heart of Atwater Village near cafes, boutiques, farmers market and shopping centers. Don't miss your opportunity to own this incredible home at an unbeatable price. ACT FAST!
Nearby schools
4/10
Atwater Avenue Elementary School
Public,•K-6•0.2mi
9/10
Ivanhoe Elementary School
Public,•K-5•0.6mi
6/10
Cerritos Elementary School
Public,•K-6•0.9mi
8/10
Allesandro Elementary School
Public,•K-6•0.9mi
5/10
Glenfeliz Boulevard Elementary School
Public,•K-6•0.9mi
4/10
Fletcher Drive Elementary School
Public,•K-6•1.0mi
8/10
Franklin Avenue Elementary School
Public,•K-6•1.7mi
5/10
Columbus Elementary School
Public,•K-5•2.8mi
7/10
Balboa Elementary School
Public,•K-6•4.9mi
6/10
Irving STEAM Magnet
Public,•6-8•1.0mi
6/10
Theodore Roosevelt Middle School
Public,•6-8•1.5mi
6/10
Thomas Starr King Middle School
Public,•6-8•1.8mi
7/10
Eleanor J. Toll Middle School
Public,•6-8•3.7mi
8/10
John Marshall Senior High School
Public,•9-12•1.2mi
6/10
Glendale High School
Public,•9-12•2.7mi
7/10
Herbert Hoover High School
Public,•9-12•3.7mi
Price History
Date
Event
Price
12/03/25
Price Change
$1,599,000-5.9%
11/04/25
Price Change
$1,699,000-9.1%
10/15/25
Listing
$1,868,500
Condition Rating
Fair
Built in 1926, this property shows signs of regular upkeep with fresh paint and some newer appliances (like the stainless steel refrigerator and range in one kitchen). However, the primary kitchen features dated wood cabinetry and terracotta-style tile flooring, while both bathrooms exhibit significantly outdated tile work and fixtures. The presence of window AC units suggests a lack of central air conditioning. While functional and livable, the property requires minor updates, particularly in the kitchen and bathrooms, to meet current aesthetic and functional standards, aligning with a 'fair' condition score.
Pros & Cons
Pros
Great Schools: Elementary School: Ivanhoe Elementary School (9/10).
Desirable Atwater Village Location: Situated in a sought-after neighborhood, offering walkability to cafes, boutiques, farmers markets, and shopping centers, enhancing lifestyle and property value.
Spacious & Flexible Living Space: Features 5 bedrooms and 3 baths across 2,387 sqft, including a converted garage providing versatile space for guests or a home office, ideal for large families or investors.
Blend of Charm and Modernity: Combines the character of a 1926-built home with modern updates like custom kitchen cabinetry, a fireplace, and a dining room chandelier, offering unique aesthetic appeal.
Exceptional Accessibility & Amenities: Provides easy access to I-5 Fwy and is minutes away from major attractions like Griffith Park, Glendale Galleria, Americana, and Burbank Airport, offering high convenience.
Broad Buyer Appeal: Its generous size, flexible layout, and prime location make it attractive to both large families seeking ample space and real estate investors looking for rental or resale potential.
Cons
Multiple Price Reductions: The property has undergone significant price adjustments from its original list price, potentially indicating initial overpricing or challenges in attracting buyers at previous price points.
Age-Related Maintenance Concerns: As a 1926-built home, it may entail higher ongoing maintenance costs and potential for outdated infrastructure (e.g., plumbing, electrical, HVAC) not explicitly detailed as upgraded.
Absence of Scenic Views: The property description explicitly states 'view: None,' which might be a consideration for buyers prioritizing scenic outlooks in the Los Angeles market.