There are multiple listings for this address:
Hitting the market for the first time, this rare assemblage in the East Hollywood submarket of Madison West Park—just minutes from the thriving Silverlake corridor—presents 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. land, 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 units—unlocking 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 Angeles’ most active rental corridors, with close proximity to major employment centers, public transit, and lifestyle amenities. Contact us now to schedule a showing.
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 units—unlocking 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 Angeles’ most active rental corridors, with close proximity to major employment centers, public transit, and lifestyle amenities. Contact us now to schedule a showing.
Property Details
Price:
$1,477,000
MLS #:
CV25167381
Status:
Active
Baths:
0
Address:
500 N Madison Avenue
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Jul 5, 2025
State:
CA
ZIP:
90004
Lot Size:
7,504 sqft / 0.17 acres (approx)
Year Built:
1946
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
High School:
John Marshall
Interior
Appliances
Built- In Range, Gas Cooktop
Cooling
None
Flooring
Carpet, Laminate, Tile
Heating
None
Interior Features
Built-in Features
Exterior
Community Features
Park, Sidewalks, Street Lights, Urban
Fencing
Average Condition, Chain Link
Foundation Details
Raised, Slab
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre, Value In Land, Yard
Parking Features
Attached Carport
Parking Spots
2.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Utilities
Electricity Available, Natural Gas Available, Phone Available
Map
Community
- Address500 N Madison Avenue Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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500 N Madison Avenue
Los Angeles, CA
Hitting the market for the first time, this rare assemblage in the East Hollywood submarket of Madison West Park—just minutes from the thriving Silverlake corridor—presents 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. land, 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 units—unlocking 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 Angeles’ most active rental corridors, with close proximity to major employment centers, public transit, and lifestyle amenities. Contact us now to schedule a showing.
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 units—unlocking 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 Angeles’ most active rental corridors, with close proximity to major employment centers, public transit, and lifestyle amenities. Contact us now to schedule a showing.
Property Details
Price:
$549,000
MLS #:
CV25167404
Status:
Active
Beds:
3
Baths:
2
Address:
500 N Madison Avenue
Type:
Single Family
Subtype:
Triplex
Neighborhood:
c20hollywood
City:
Los Angeles
Listed Date:
Jul 5, 2025
State:
CA
Finished Sq Ft:
1,301
ZIP:
90004
Lot Size:
3,000 sqft / 0.07 acres (approx)
Year Built:
1946
See this Listing
Mortgage Calculator
Schools
School District:
Los Angeles Unified
High School:
John Marshall
Interior
Appliances
Built- In Range, Gas Cooktop
Cooling
None
Flooring
Carpet, Laminate, Tile
Heating
None
Interior Features
Built-in Features
Exterior
Community Features
Park, Sidewalks, Street Lights, Urban
Fencing
Average Condition, Chain Link
Foundation Details
Raised, Slab
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre, Value In Land, Yard
Parking Features
Attached Carport
Parking Spots
2.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
None
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Available, Natural Gas Available, Phone Available
Map
Community
- Address500 N Madison Avenue Los Angeles CA
- AreaC20 – Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
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