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500 N Madison, 
Los Angeles, CA 90004

$1,477,000


Bed


Bath


-

Sq Ft


Land

Active

Listed by

Allen Wu

Allen Wu, Broker

Last updated:

August 18, 2025, 02:48 PM

MLS#

CV25167388

Source:

SANDICOR

About This Land

500 N Madison

Hitting the market for the first time, this rare assemblage in the East Hollywood submarket of Madison West Parkjust minutes from the thriving Silverlake corridorpresents 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. infill, 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 unitsunlocking a significant increase in long-term rental income or resale value. Whether you're pursuing a hold-and-build strategy, land banking for future appreciation, or executing a ground-up multifamily project, this assemblage delivers on location, zoning flexibility, and upside potential. This is a high-leverage opportunity in one of Los Ang

Land Facts

Description/Design:

Land

Lot Size (Acres)

0.00

MLS #:

CV25167388

Last Updated:

August 18, 2025, 02:48 PM

Added:

a month ago


Finances & Disclosures

Finances

Price:

$1,477,000

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