$1,350,000

557 N Madison Avenue, Los Angeles, CA 90004

  • 2 beds |
  • 1 bath |
  • 1,657 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon7,510sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $815/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Date Added:
October 8, 2026
Data Last Updated:
October 9, 2026 at 6:16AM
Listing Office:
Pearson Affiliated, Inc. : 323-216-0575
Listing Agent:
Yitzy Pearson : 323-216-0575
MLS ID:
26998563
  • Appliances: Refrigerator
  • Laundry: Inside
  • Flooring: TileWood
  • A/C: Wall/Window Unit(s)
  • Heating: Floor Furnace
  • Fireplace: Bonus RoomDining RoomFireplace
  • General: None
  • Style: Traditional
  • Pool: None
  • Parking: Workshop in GarageParking spaces: 0
  • General: 1
  • Originating MLS: CRMLS_CL
  • County: Los Angeles
  • Zoning: LAR35539032002
  • View: None
  • Source: CRMLS_CL

This listing courtesy of Yitzy Pearson , Pearson Affiliated, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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