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$ 1,350,000
Est. payment /mo
New
557 N Madison Avenue 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 CL26998563
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1940
Lot Size 7,508 Sqft
Acres 0.1724
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
Zoning LAR3
Interior
Interior Features Library, Office
Heating Floor Furnace
Cooling Wall/Window Unit(s)
Flooring Tile, Wood
Fireplaces Type Dining Room, Other
Fireplace Yes
Appliance Refrigerator
Laundry Inside
Exterior
Pool None
View Y/N false
View None
Private Pool false
Building
Story 1
Architectural Style Traditional
Level or Stories One Story
New Construction No
Others
Tax ID 5539032002
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Listed by Yitzy Pearson • Pearson Affiliated, Inc.