500 N Madison, Los Angeles, CA 90004
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
500 N Madison,Los Angeles, CA 90004
$1,477,000
- 0 Acres
- Lots / Land
- Pending
Listed by:allen wu
Office:allen wu, broker
MLS#:CV25167388
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,477,000
About this home
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
Contact an agent
Home facts
- Listing ID #:CV25167388
- Added:73 day(s) ago
- Updated:October 07, 2025 at 02:32 AM
Finances and disclosures
- Price:$1,477,000
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.New listings near 500 N Madison
- Open Sun, 2 to 5pmNew
$3,750,000Active6 beds 7 baths3,861 sq. ft.14519 Greenleaf Street, Sherman Oaks, CA 91403
MLS# SR25233227Listed by: THE AGENCY - New
$1,100,000Active9 beds 6 baths4,698 sq. ft.12937 Van Nuys Boulevard, Pacoima, CA 91331
MLS# 25522887Listed by: MARCUS & MILLICHAP - New
$3,395,000Active3 beds 3 baths3,000 sq. ft.2513 Lincoln Boulevard, Venice, CA 90291
MLS# 25562127Listed by: HOLLYWOOD ESTATES - New
$3,395,000Active3 beds 3 baths3,000 sq. ft.2515 Lincoln Boulevard, Venice, CA 90291
MLS# 25562129Listed by: HOLLYWOOD ESTATES - New
$4,382,000Active5 beds 3 baths3,713 sq. ft.1871 Hill Drive, Los Angeles, CA 90041
MLS# 25595749Listed by: I.X.A. - New
$525,000Active2 beds 2 baths867 sq. ft.5827 Bowcroft Street #2, Los Angeles, CA 90016
MLS# 25596523Listed by: ESTATE PROPERTIES - New
$740,000Active1 beds 1 baths823 sq. ft.877 Francisco Street #3202, Los Angeles, CA 90017
MLS# 25600177Listed by: COLDWELL BANKER REALTY - New
$1,550,000Active0.12 Acres425 Puerto Del Mar, Pacific Palisades, CA 90272
MLS# 25600513Listed by: DOUGLAS ELLIMAN - New
$4,300,000Active2 beds 3 baths2,730 sq. ft.1 W Century Drive #34C, Los Angeles, CA 90067
MLS# 25600651Listed by: DOUGLAS ELLIMAN OF CALIFORNIA, INC. - New
$3,995,000Active5 beds 5 baths3,647 sq. ft.2234 Midvale Avenue, Los Angeles, CA 90064
MLS# 25600789Listed by: COMPASS
Protect your home and budget with an American Home Shield© home warranty. Learn more© 2025 Better Homes and Gardens Real Estate LLC. An Anywhere Real Estate company. All rights reserved. Better Homes and Gardens® Real Estate is a registered trademark owned by Meredith Operations Corporation, licensed to Better Homes and Gardens Real Estate LLC and used with permission. Better Homes and Gardens Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Listing information is deemed reliable but is not guaranteed accurate.
Each office is independently owned and operated.
Any services or products provided by third parties are not provided by, affiliated with or related to Better Homes and Gardens Real Estate LLC, or its affiliated companies.