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.
Property Details
Price:
$1,350,000
MLS #:
26998563
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c21silverlakeechopark
Listed Date:
Oct 8, 2026
Finished Sq Ft:
1,657
Total Sq Ft:
1,657
Lot Size:
7,508 sqft / 0.17 acres (approx)
Year Built:
1940
See this Listing
Schools
Interior
Appliances
Refrigerator
Bathrooms
1 Full Bathroom
Cooling
Wall/Window Unit(s)
Flooring
Tile, Wood
Heating
Floor Furnace
Laundry Features
Inside
Levels
One
Exterior
Architectural Style
Traditional
Common Walls
No Common Walls
Parking Features
Workshop in Garage
Spa Features
None
View
None
Financial
Map
Community
- Address557 N Madison AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 20, 2026
6,419
Single Family Listed
86
Avg DOM
497
Avg $ / SqFt
$1,850,204
Avg List Price
Property Summary
- 557 N Madison AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90004. It is listed for $1,350,000 and features 2 beds, 1 baths, and has approximately 1,657 square feet of living space, and was originally constructed in 1940. The current price per square foot is $815. The average price per square foot for Single Family listings in Los Angeles is $497. The average listing price for Single Family in Los Angeles is $1,850,204.
Similar Listings Nearby
Courtesy of Pearson Affiliated, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.557 N Madison AV
Los Angeles, CA