$1,350,000
 $7,247 est/mo Sourced by Back At You

557 N Madison Avenue,Los Angeles, CA 90004

Los Angeles, CA 90004

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Description

A Phenomenal opportunity to redevelop this 7,505 sq ft flat lot zoned for R3 / TOC Tier 3 / TOIA 2 / ED1. There is an existing 1,657 single family home and a detached garage on the land. This property is in the heart of Los Angeles which is easily accessible directly off the 101 FWY. The property is securely gated and the extensive driveway can accommodate up to 8 cars, plus 4 more in the garage for a total of 12 parking spaces! The oversized garage is a detached building measuring approximately 24 feet wide by 33 feet long with 14-foot-high ceilings! The possibilities for this versatile structure are endless! Imagine a private workshop or an ADU conversion? The spacious backyard has plenty of room so it could possibly be used to build another ADU! This exceptional property is a rare gem and a must see!!! 3D renderings are for illustration purposes only and are not an indication of what the city will approve.

Details

MLS #26998563
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1940
Days On Site24
Listing Provided ByPearson Affiliated, Inc. | Yitzy Pearson

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet1,657
Story(s)1
ZoningLAR3
Acreage0.17
Property ViewNone

Interior

CoolingWall Window Units
HeatingFloor Furnace
Heating Yes / NoYes
Cooling Yes / NoYes
FurnishedUnfurnished
AppliancesRefrigerator
Fireplace Yes / NoYes

Parking

Attached Garage Yes / NoNo
Parking FeaturesWorkshop In Garage
Garage Yes / NoYes

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90004
AreaC21 Silver Lake Echo Park
Listing VS Median (in 90004)
Price:
$1,350,000
low | high
Med:
$863,500
86.037037037037% of Average
sqft:
1,657
low | high
Med:
1,379
66.777308388654% of Average
$ / sqft:
$815
low | high
Med:
$700
64.097290106621% of Average
On site:
24
low | high
Med:
76.5
31.372549019608% of Average
Sourced by Back At You

Market Activity 90004

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Contact

Learn More About This Property

Benjamin Leaskou

Benjamin Leaskou

01754516 (760) 799-4290ben@leaskouhiggins.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90004
AreaC21 Silver Lake Echo Park
Listing VS Median (in 90004)
Price:
$1,350,000
low | high
Med:
$863,500
86.037037037037% of Average
sqft:
1,657
low | high
Med:
1,379
66.777308388654% of Average
$ / sqft:
$815
low | high
Med:
$700
64.097290106621% of Average
On site:
24
low | high
Med:
76.5
31.372549019608% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.012M - $1.687M
sqft: 1,000 - 2,000
Nearby Listings Property ImageNearby Listings Details
4323 Burns Avenue Property Photo 1
$1,249,000
4323 Burns Avenue
Los Angeles, CA 90029
Listing Updated: October 8, 2026 at 4:24:13 PM PDT

Benjamin Leaskou - Desert Lifestyle Properties