557 N Madison Ave

Los Angeles, CA 90004
  • $1,350,000

    Price
  • 2

    Bed
  • 1

    Bath
  • 1,657

    SqFt
  • 0.17

    Acre

About the Listing CLW-X75302 - CLW-X55647

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.

Listing Highlights for 557 N Madison Ave

Status Active
Days on Site 6
Property Type Residential
MLS ® 26998563
Year Built 1940
Total Square Footage 1,657
Lot/Acreage 0.17

Interior Details

  • Bedrooms: 2
  • Bathrooms: 1 Full
  • Appliances: Refrigerator
  • Air Cond: Wall/Window Unit(s)
  • Heating: Floor Furnace
  • Fireplaces: Bonus Room,Dining Room
  • Floor: Tile,Wood
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Lot Dimensions: 50x150
  • Zoning: LAR3
  • Roof:
  • Others: Has ADU
  • Sewer:
  • Parking Features: Workshop in Garage

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5539032002
  • Tax Year: N/A

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557 N Madison Ave Los Angeles, CA 90004

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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