2040 N Madison Avenue
Altadena, CA, 91001
(No pictures available yet)
$1,495,000
MLS: P1-26929
Beds
3
Baths
2
Sq Ft
1,697
Lot
0.18 ac
Year Built
1927
MLS #
P1-26929
Days on Market
11
Listed
May 1, 2026
Description
Welcome to 2040 N Madison Ave, a spacious contemporary Spanish-style home on a large private lot in one of Altadena's most charming neighborhoods. Set behind a lush privacy hedge and courtyard wall, the home's front sitting garden offers respite and charm. Character details including abundant bougainvillea, repeating arches, and niches with inset tile work nod to history and complement modern updates. Enter through the home's airy foyer into the expansive great room where you'll find an updated open plan chef's kitchen, dining, and living spaces ideal for entertaining and day to day living alike. Behind the living room, a wall of glass doors opens to the park-like backyard boasting outdoor dining spaces, a grassy lawn, citrus and avocado trees, and a full size heated pool and spa. The king-sized primary bedroom features a charming glass clerestory window and east facing glass double doors offering direct access to the backyard, plus an updated bath with Graff and Kohler fixtures. Two additional bedrooms and an updated second bath are spacious, fresh and bathed in natural light, with dual pane windows and skylight. This gracious home also includes a separate family room (an additional 348 SF), a finished attic bonus space (262 SF), and a detached backyard office shed (124 SF) for total work-from-home convenience. You'll never want to leave, but if you can pull yourself away, 2040 N Madison is a stone's throw from great local shops and restaurants in Altadena and North Pasadena, hiking trails, Christmas Tree Lane, and so much more. Don't miss this special opportunity.
Location
Altadena, Los Angeles County, CA 91001
Open on Google Maps ↗Listed by: Teresa Fuller · COMPASS
Payment estimate
$10,799
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $149,500 · Loan: $1,345,500
- Principal & Interest
- $8,381
- Property tax (1.25%)
- $1,557
- Homeowners insurance
- $300
- Mortgage insurance
- $561
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 14, 2026
- 30-year fixed
- 6.36%
- 15-year fixed
- 5.71%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Altadena home with as little as 3.5% down using an FHA loan — roughly $52,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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