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Listed by Allen Wu • ALLEN WU, BROKER
$ 529,000
Est. payment | /mo
1 Bed
1 Bath
805 SqFt
$ 529,000
Est. payment | /mo
1 Bed
1 Bath
805 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 805 sqft
Price per Sqft $657
MLS Listing ID CV-25167432
Bedrooms 1
Full Baths 1
Year Built 1926
Lot Size 2,502 Sqft
Property Sub-Type Single Family Residence
Property Description
First time on the market! Located in the desirable Madison West Park neighborhood of East Hollywood, just minutes from Silverlake, this charming 1 bed / 1 bath home sits on a 2,502 SF lot with 805 SF of living space. The home has seen modest upgrades and has been well cared for by current tenants, who are on a month-to-month lease. Ideal as a rental hold or future development site. Zoned for multi-family, this parcel can accommodate up to 3 residential income units. As such, the owner prefers to sell this property as part of a three-parcel package including: *500 N Madison Ave - 3 bed / 2 bath / 1,301 SF / 3,000 SF lot - $549,000 *3875 Middlebury St - 2 bed / 1 bath / 667 SF / 2,002 SF lot - $399,000 Combined, the three lots total 7,504 SF of land with development potential for 9 units by right, or up to 17 units with the low-income housing designation. Total asking price for all three parcels: $1,477,000.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR3
Interior
Heating None
Cooling None
Fireplaces Type None
Laundry Individual Room
Exterior
Pool None
Community Features Curbs, Sidewalks, Street Lights, Urban
View Y/N Yes
View City Lights
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Schools
High Schools John Marshall
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Marissa Buss & Danny Lampert
Lic# 01770909 | 01834114