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500 Madison Avenue, 
Los Angeles, CA 90004

$1,477,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Allen Wu

Allen Wu, Broker

Last updated:

August 17, 2025, 04:17 PM

MLS#

CV25167381

Source:

CAREIL

About This Home

500 Madison Avenue

Hitting the market for the first time, this rare assemblage in the East Hollywood submarket of Madison West Park—just minutes from the thriving Silverlake corridor—presents 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 units—unlocking a significant increase in lo

Home Facts

Multi-Family

Built in 1946

Price Summary

1,477,000

MLS #:

CV25167381

Last Updated:

August 17, 2025, 04:17 PM

Added:

19 day(s) ago


Structure

Structure

Year Built:

1946


Lot

Lot Size (Sq. Ft):

7,504


Finances & Disclosures

Finances

Price:

$1,477,000

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