CA > Los Angeles
Los Angeles, CA 90004,500 N Madison
Los Angeles, CA 90004,500 N Madison
Los Angeles, CA 90004,500 N Madison
30
See all 30 photos
$1,477,000
Est. payment /mo
Save
Active Under Contract

500 N Madison Los Angeles, CA 90004

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
27
Aug
Thu
28
Aug
Fri
29
Aug
Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID CV25167388

Property Sub-Type Lots/Land

Property Description

Hitting the market for the first time, this rare assemblage in the East Hollywood submarket of Madison West Parkjust minutes from the thriving Silverlake corridorpresents a compelling opportunity for forward-thinking investors and developers. Comprising three contiguous parcels, this offering totals 7,504 square feet of land across prime L.A. infill, currently improved with income-generating single-family residences. The first parcel, located at 500 N Madison Avenue (APN 5539-031-016), is priced at $549,000 and features a 3-bedroom, 2-bathroom structure totaling 1,301 square feet on a 3,000-square-foot lot. The second parcel, 3877 Middlebury Street (APN 5539-031-015), is offered at $529,000 and includes a 1-bedroom, 1-bathroom home with 805 square feet on a 2,502-square-foot lot. The third parcel, 3875 Middlebury Street (APN 5539-031-014), is listed at $399,000 and contains a 2-bedroom, 1-bathroom residence spanning 667 square feet on a 2,002-square-foot lot. The total asking price for all three parcels is $1,477,000. By right, each parcel allows for the development of 3 residential units, enabling a total of 9 units across the combined site. However, with the application of low-income housing, the site could yield up to 17 total unitsunlocking a significant increase in long-term rental income or resale value. Whether you're pursuing a hold-and-build strategy, land banking for future appreciation, or executing a ground-up multifamily project, this assemblage delivers on location, zoning flexibility, and upside potential. This is a high-leverage opportunity in one of Los Ang

Location

State CA

County Los Angeles

Direction Take exit 6A from US-101 N. Take Clinton St to N Madison Ave. Destination will be on the left.

Interior

Fireplace No

Exterior

View Y/N No

Others

Tax ID 5539031016

MLS Router / San Diego MLS
Listed by Allen Wu ALLEN WU, BROKER

GET MORE INFORMATION

agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Hunter & Maddox International Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

500 N Madison

QUICK SEARCH
There are 24 quick searches