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557 N Madison Ave , Los Angeles, CA 90004
$1,350,000
Est. Payment: $7,094.83/mo
2 Bed
1 Bath
1657 Sqft
0.17 Acres
Status: active | Days on site: 8
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CLW-X75302 - CLW-X55647
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Chris Heller
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House 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.
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Highlights

Listed by Yitzy Pearson , 323-216-0575 Pearson Affiliated, Inc. , 323-216-0575. CRMLS/Multi-Regional MLS mls logo

Property Type

Residential
Lot/Acreage
0.17

Year Built

1940

County

Los Angeles

Area

C21 - Silver Lake - Echo Park

Listing ID

26998563

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Refrigerator
Air Cond:Wall/Window Unit(s)
Fireplaces:Bonus Room,Dining Room
Floor:Tile,Wood

Exterior Features

Lot:No Land Lease
Lot Dimensions:50x150
Garage Capacity:0
Zoning:LAR3
Others:
  • ▪ Additional:Has ADU
Parking Features:Workshop in Garage
Principal Interest
$7,095
Taxes
$861

Home Price

$1,350,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$270,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,094.83

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,094.83 $860.63 $0.00 $7,955.46
Yearly $85,137.97 $10,327.50 $0.00 $95,465.47
Total $2,554,139.23 $309,825.00 $0.00 $2,863,964.23

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-06T23:30:37.000Z

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