CA > Los Angeles
Los Angeles, CA 90004,500 N Madison Avenue
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Los Angeles, CA 90004,500 N Madison Avenue
Los Angeles, CA 90004,500 N Madison Avenue
Los Angeles, CA 90004,500 N Madison Avenue
Los Angeles, CA 90004,500 N Madison Avenue
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Garrick Yan

Garrick Yan

+1(510) 999-8008
Listed by Allen Wu • ALLEN WU, BROKER
$ 549,000
Est. payment /mo
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Active Under Contract

500 N Madison Avenue Los Angeles, CA 90004

3 Beds

2 Baths

1,301 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,301 sqft

Price per Sqft $421

MLS Listing ID CRCV25167404

Bedrooms 3

Full Baths 2

HOA Y/N No

Year Built 1946

Lot Size 3,000 Sqft

Property Sub-Type Detached

Source Datashare California Regional

Property Description

Offered at $549,000, 500 N Madison Avenue presents a rare opportunity in the up-and-coming Madison West Park neighborhood of East Hollywood, just minutes from Silverlake. Hitting the market for the first time, this 3-bedroom, 2-bathroom single-family residence offers 1,301 square feet of living space on a 3,000-square-foot lot. The property retains its original charm but has not been recently updated and will require renovation or redevelopment—perfect for investors looking for value-add potential or ground-up opportunities. The owner strongly prefers to sell this parcel as part of a bundled sale with two neighboring properties: 3877 Middlebury Street, a 1-bedroom, 1-bathroom home with 805 square feet of living area on a 2,502-square-foot lot, listed at $529,000 (APN 5539-031-015); and 3875 Middlebury Street, a 2-bedroom, 1-bathroom home with 667 square feet on a 2,002-square-foot lot, listed at $399,000 (APN 5539-031-014). The total asking price for all three parcels is $1,477,000. Together, these three parcels span 7,504 square feet of land with significant redevelopment potential. Current zoning allows for the construction of three residential income units per lot, enabling a total of 9 units by right. Alternatively with a low-income housing set-up, the site could yield up t

Location

State CA

County Los Angeles

Interior

Heating None

Cooling Ceiling Fan(s), None

Flooring Carpet

Fireplaces Type None

Fireplace No

Appliance Range

Laundry Laundry Room

Exterior

Pool None

View City Lights

Handicap Access Other

Private Pool false

Building

Lot Description Corner Lot

Story 1

Water Public

Schools

School District Los Angeles Unified

Bay East AOR and Contra Costa AOR
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
agent

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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