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 lo
MLS #
CRCV25167381
MLS Source
California Regional MLS
Appliances
Other, Oven Range - Built-In
Flooring
Laminate
Cooling
None
Heating
No Heating
Roof
Shingle
Foundation
Raised, Slab
Pool
None
Garage/Parking
Carport, Garage: 0 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 2 | 3 |
500 N Madison Ave is a Triplex in Los Angeles, CA 90004. This – square foot property sits on a 7,504 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,480,000 and was built in 1946. This address can also be written as 500 N Madison Ave, Los Angeles, CA 90004.
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This listing information is up-to-date as of October 15, 2025. For the most current information, please contact Allen Wu, (909) 594-3528