646 N Madison Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
646 N Madison Avenue,Los Angeles, CA 90004
$2,249,000
  • - Beds
  • - Baths
  • 7,134 sq. ft.
  • Multi-family
  • Pending
Listed by: john stiegler ii, rory barish
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26039613
Source:CRMLS

Price summary

  • Price:$2,249,000
  • Price per sq. ft.:$315.25

About this home

We are pleased to present 646 N Madison Ave, a 10-unit multifamily investment opportunity in the heart of East Hollywood, Los Angeles, featuring 1988 construction and not subject to LA RSO rent control. Situated in an Opportunity Zone and designated TOC Tier 3, the property offers strong long term investment fundamentals with potential density and development advantages. The building totals approximately 7,134 square feet on a 7,513 square foot lot and features a desirable unit mix of (4) one bedroom one bath units and (6) two bedroom one bath units, appealing to a broad tenant base. The asset includes 21 ground level parking spaces, gated tuck under parking access, and a coin operated shared laundry facility, providing both tenant convenience and additional income potential. With solid in place income and approximately 60% upside in rental income, the property presents a compelling value add opportunity. Based on projected market rents, the property offers an estimated 10.26% market...

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Home facts

  • Year built:1988
  • Listing ID #:SB26039613
  • Added:61 day(s) ago
  • Updated:April 26, 2026 at 07:26 AM

Rooms and interior

  • Living area:7,134 sq. ft.

Structure and exterior

  • Year built:1988
  • Building area:7,134 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Rectangular Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,249,000
  • Price per sq. ft.:$315.25

Parking

  • Total parking spaces:21
  • Parking description:21 Carport Space(s)
  • Carport spaces:21
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