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Erica Valdez

erica@valdezhomes.net +1(562) 221-7800

$ 1,350,000

Est. payment -/mo

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557 N Madison AVE Los Angeles, CA 90004

2 Beds

1 Bath

1,657 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,657 sqft

Price per Sqft $814

MLS Listing ID 26998563

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1940

Lot Size 7,509 Sqft

Property Sub-Type Single Family Residence

Property 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.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR3

Interior

Heating Floor Furnace

Cooling Wall/Window Unit(s)

Flooring Tile, Wood

Fireplaces Type Bonus Room, Dining Room

Furnishings Unfurnished

Fireplace Yes

Appliance Refrigerator

Laundry Inside

Exterior

Parking Features Workshop in Garage

Pool None

View Y/N No

View None

Private Pool No

Building

Entry Level One

Architectural Style Traditional

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5539032002

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Yitzy Pearson Pearson Affiliated, Inc. #01352485

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Erica Valdez

+1(562) 221-7800

erica@valdezhomes.net

Erica Valdez

557 N Madison AVE Los Angeles, CA 90004

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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557 N Madison AVE