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$1,350,000

FOR SALE
Active

557 N Madison Avenue

Los Angeles, CA

MLS# 26998563

1,657 Sq Ft • Single Family Home2bd • 1ba
25 days on marketNalren refreshed

Listing Agent

Yitzy Pearson

Listing Agent

Pearson Affiliated, Inc.

DRE #: 01352485

(323) 216-0575

Brokerage: Pearson Affiliated, Inc.

Property Details

2

Bedrooms

1

Bathrooms

1,657 sqft

Square Feet

1940

Year Built

7,508 sqft

Lot Size

$815

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Single Family Home

Property Type

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.

Facts & Features

Interior

Fireplace
Yes
Laundry Features
In-Unit Laundry
Appliances
Refrigerator
Flooring
Tile, Wood

Exterior

Private Pool
No

Building

Year Built
1940
Living Area
1,657 sqft
Architectural Style
Traditional
Building Area Total
1,657
Levels
One
Stories Total
0

Utilities

Heating
Floor Furnace
Cooling
Wall Window Units

Parking

Parking Features
Workshop In Garage
Parking Total
0

Community / HOA

HOA
No

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CRMLS

MLS# 26998563

Listed:

Nalren refreshed:

Last updated

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Listed by: Pearson Affiliated, Inc.

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.