5934 Madden, Los Angeles, California 90043, Los Angeles, 90043 - 3 bed, 2 bath

5934 Madden, Los Angeles, California 90043 home-pic-0
ACTIVE$599,000
5934 Madden, Los Angeles, California 90043
3Beds
2Baths
1,392Sqft
4,802Lot

Price Vs. Estimate

The estimated value ($670,472.76) is $71,472.76 (11%) higher than the list price ($599,000). This property may be underpriced.

Key pros and cons

Top Pros:
Great Schools: High School: Middle College High School (9/10).
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$599.0K vs avg $850.0K ($-251,000)9%
Size:1,392 sqft vs avg 1,490 sqft40%
Price/sqft:$430 vs avg $6478%

More Insights

Built in 1923 (102 years old).
Condition: Built in 1923, this home is over 100 years old. While described as 'very clean and well-kept,' the images reveal significantly dated interiors. The kitchen features original-style wood cabinets, tile countertops, older black appliances, and dated flooring/wallpaper, suggesting no renovation in 30+ years. The bathroom, while tiled, also presents a dated style (likely 15-30 years old) with a pedestal sink. Other areas show older carpets, popcorn ceilings, and the presence of window AC units, indicating a lack of modern cooling systems. The property is functional but requires substantial cosmetic and system updates to meet current quality and style standards.
Year Built
1923
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$430
HOA
-
Days on market
-
Sold On
-
MLS number
CV25274193
Home ConditionFair
Features
Patio
View-

About this home

Lovely Single Story Home for Sale in Los Angeles, CA. Very clean and well-kept home features 1,392 Sq. Ft, 3 Bedrooms, 2 Bathrooms, ceiling fan, inside Laundry area, Nice size Lot at 4,802 Sq. Ft, 2-Car Detached Garage. Near all amenities including shopping, parks, entertainment, grocery stores, schools, banks and restaurants.

Nearby schools

2/10
Fifty-Ninth Street Elementary School
Public,K-50.3mi
2/10
Yes Academy
Public,K-50.4mi
3/10
Angeles Mesa Elementary School
Public,K-50.6mi
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-61.4mi
2/10
Forty-Second Street Elementary School
Public,K-51.4mi
3/10
Windsor Hills Math Science
Public,K-51.9mi
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,6-81.6mi
3/10
Parent (Frank D.) Elementary School
Public,K-82.8mi
2/10
Crozier (George W.) Middle School
Public,7-82.9mi
/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,9-123.6mi
9/10
Middle College High School
Public,9-126.0mi
Condition Rating
Fair

Built in 1923, this home is over 100 years old. While described as 'very clean and well-kept,' the images reveal significantly dated interiors. The kitchen features original-style wood cabinets, tile countertops, older black appliances, and dated flooring/wallpaper, suggesting no renovation in 30+ years. The bathroom, while tiled, also presents a dated style (likely 15-30 years old) with a pedestal sink. Other areas show older carpets, popcorn ceilings, and the presence of window AC units, indicating a lack of modern cooling systems. The property is functional but requires substantial cosmetic and system updates to meet current quality and style standards.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Prime Location & Accessibility: Located in Los Angeles, CA, with excellent proximity to a wide array of amenities including shopping, parks, entertainment, grocery stores, schools, banks, and restaurants, enhancing convenience and lifestyle.
Well-Maintained Condition: Described as 'very clean and well-kept,' suggesting the property has been cared for, potentially reducing immediate maintenance concerns and offering a move-in ready appeal.
Functional Single-Story Layout: A single-story home with 3 bedrooms and 2 bathrooms, offering practical living space, an inside laundry area, and a desirable layout for various demographics, including those seeking accessibility.
Detached 2-Car Garage: Provides valuable off-street parking, additional storage, and potential for future conversion or accessory dwelling unit (ADU) possibilities, adding significant value in the Los Angeles market.
Decent Lot Size: A 4,802 Sq. Ft. lot offers adequate outdoor space for gardening, recreation, or potential expansion, which is a good asset in an urban environment like Los Angeles.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Advanced Age of Property: Built in 1923, the home is over a century old, which may indicate the presence of outdated systems (plumbing, electrical), potential for lead paint or asbestos, and a higher likelihood of requiring significant capital expenditures for modernization or structural updates.
Low-Rated Local Schools: Several nearby schools, including the closest elementary and high schools, have low ratings (mostly 1s and 2s), which could be a significant deterrent for families prioritizing strong educational institutions.
Lack of Modern Amenities/Updates: The description does not mention central air conditioning or recent major renovations to key areas like the kitchen or bathrooms, which buyers often expect in a competitive market, especially for a home of this age.

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