Listing Agent: Yitzy Pearson Broker/Office: Pearson Affiliated, Inc.
557 Madison Avenue N Los Angeles CA 90004
$ 1,350,000
2
| 1
| 1657 Sq Feet
Listing ID
#26998563
Status
Active
Property Type
Single Family Residence
Property Style
Traditional
County
Los Angeles
Year Built
1940
Days on website
2
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.
Financial Information
List Price:
$ 1350000
Property Features
Appliances:
Refrigerator
Flooring:
Tile, Wood
Furnished:
Unfurnished
Laundry Features:
Inside
Levels:
One
Senior Community YN:
false
Senior Community YN:
false
MLS Area Major:
C21 - Silver Lake - Echo Park
City:
Los Angeles
Listed By:
Yitzy Pearson
Pearson Affiliated, Inc.
CA Lic#
CA Lic#