500 N Madison Avenue, Los Angeles, CA 90004
Local realty services provided by:ERA Donahoe Realty
500 N Madison Avenue,Los Angeles, CA 90004
$1,477,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by:allen wu
Office:allen wu, broker
MLS#:CV25167381
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,477,000
About this home
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. land, 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 Angel
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Home facts
- Listing ID #:CV25167381
- Added:69 day(s) ago
- Updated:October 03, 2025 at 07:44 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Finances and disclosures
- Price:$1,477,000
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