557 N Madison Avenue, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

557 N Madison Avenue

Los Angeles, CA 90004
2 Beds
1 Baths
1,657 Sq Ft
Built 1940
$1,350,000

Property Overview

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.

Home Details

Property type
Residential - Single Family Residence
Year built
1940
Living area
1,657 sq ft
Lot size
7,508 sq ft
Days on market
0
Full bathrooms
1
MLS status
Active
Architectural style
Traditional
Zoning
LAR3

Features & Amenities

Appliances

  • Refrigerator

Parking

  • Workshop In Garage

Pool

  • None

Community, Schools & Utilities

Community

Fireplace
Yes
View
None

Utilities

Heating
FloorFurnace
Cooling
WallWindowUnits
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Location & Neighborhood

557 N Madison Avenue

Los Angeles, CA 90004

Frequently Asked Questions About 557 N Madison Avenue

Property type: Residential

The current asking price is $1,350,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 557 N Madison Avenue. Our team will confirm availability and timing.
This 2 bedrooms and 1 bathroom property offers approximately 1,657 square feet of living space. It was built in 1940. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 0 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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RB

Reza Barghlameno

eXp of California

Listing Agent

Name: Yitzy Pearson
MLS ID: CLW-X55647

Available property

$1,350,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.