3334 Madera Avenue, Los Angeles, California 90039, Los Angeles, 90039 - 0 bed, 0 bath
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Los Angeles, California 90039
This Modern Dual-Unit Residence is a Prime Investment Opportunity in Atwater Village, listed at $1,899,000—positioned well below the $1,938,237 Fair Market Value by 2%. This valuation gap offers $39,237 in Instant Equity. Featuring a 2021-remodeled main home and a new detached ADU, the property maintains a Like-New Condition Rating with designer finishes and city light views. Zoned for the prestigious Ivanhoe Elementary School (9/10), it balances luxury with high rental demand. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3334 Madera Avenue Subject | $1,899,000* List Price | 0 | 0 | 2,330 | $854 | - |
A 2923 Acresite Street Sold | $1,975,000 | 4 | 3 | 2,024 | $976 | 0.2 mi |
B 3951 Edenhurst Avenue Sold | $1,820,000 | 4 | 3 | 2,080 | $875 | 0.8 mi |
C 3274 Garden Avenue Sold | $1,999,999 | 4 | 3 | 2,552 | $784 | 0.1 mi |
D 3170 Glenmanor Place Sold | $1,650,000 | 5 | 3 | 1,820 | $907 | 0.4 mi |
E 2372 Kenilworth Avenue Sold | $2,200,000 | 3 | 2 | 2,153 | $1,022 | 0.9 mi |
F 2635 Rokeby Street Sold | $2,270,000 | 3 | 2 | 2,231 | $1,017 | 0.7 mi |
G 3652 Brunswick Avenue Active | $1,799,999 List Price | 4 | 4 | 2,368 | $760 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property was meticulously remodeled in 2021 and includes a newly constructed ADU from the same year. It features high-end modern finishes such as light oakwood flooring, a designer kitchen with stainless steel appliances, and en-suite bathrooms throughout, representing a like-new condition with no deferred maintenance.
Elementary School: Ivanhoe Elementary School (9/10).
The property features a meticulously remodeled main residence and a newly constructed, detached 2-bedroom ADU with its own address, providing exceptional opportunities for rental income or multi-generational living.
Extensively updated in 2021, the home boasts high-end designer finishes, including light oakwood flooring, en-suite bedrooms, and a chic open kitchen, minimizing the need for immediate capital improvements.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2330, other record living area = 660.
With two substantial dwellings and an oversized garage situated on a 5,404 square foot lot, the remaining outdoor area is relatively compact, which may not appeal to buyers seeking a large traditional backyard.
The ADU is currently tenant-occupied, which could complicate immediate move-in plans for owner-users or require navigating existing lease terms for investors.
Fantastic investment opportunity nestled in the heart of vibrant Atwater Village. A modern home, meticulously remodeled in 2021, complemented with a newly constructed (2021) detached ADU with separate address– 3332 Madera. This property provides a perfect setup for strong rental income, multi-generational living, or an in-law/ guest suite. The newly reconstructed main residence features 1,563 square feet of modern designer living space, a bright open floor plan, three bedrooms, and four bathrooms. Inside, discover high ceilings, light oakwood flooring, and a chic open kitchen with gray cabinetry and stainless steel appliances. Each bedroom is en-suite, including a lavish primary suite with a generously sized private terrace on the second level. Additionally, a flexible lower-level space and inviting dining patio enhance the living experience. The fully detached accessory dwelling unit features nearly 800 sqft. of newly built living space with two bedrooms and three baths. Upon entering, the first floor features a well-appointed kitchen, living space, and patio. Upstairs, two en-suite bedrooms with a laundry room create an ideal layout. Currently tenant-occupied, this ADU offers various possibilities, whether as an income generator, guest accommodation, or personal sanctuary. Outside, an automatic driveway gate leads to an oversized garage—a rare feature when combined with an ADU. Enjoy the convenience of gated driveway access, ample off-street parking, and an unbeatable location. This gem in Atwater Village is easily within reach to the neighborhood's charming coffee shops, diverse dining options, markets, and recreational facilities. Don't miss out on this exceptional opportunity to invest in Atwater Village's thriving community.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-5 • 0.6 mi
Grades K-6 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 3.0 | 1% |
| Baths | 0.0 | 2.0 | 1% |
| Square foot | 2,330 | 1,643 | 80% |
| Lot Size | 5,404 | 5,406 | 49% |
| Price | $1.90M | $1.47M | 68% |
| Price per sq ft | $815 | $1.0K | 23% |
| Built year | 1923 | 1930 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 167 | 8% |
Mar 2, 2026
$1,899,000
Initial Listing
Jul 10, 2020
$740,000
Public Record