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.
Sold for $530,000
Zillow last checked:
Listing updated:
Bought with:
Arnold Wu, DRE #02214556
NONMEMBER MRML
Source: CRMLS,MLS#: CV25167432
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSPrice history
| Date | Event | Price |
|---|---|---|
| 10/14/2025 | Sold | $530,000+0.2%$658/sqft |
Source:  CRMLS #CV25167432 Report a problem | ||
| 9/15/2025 | Pending sale | $529,000$657/sqft |
Source: CRMLS #CV25167432 Report a problem | ||
| 8/9/2025 | Contingent | $529,000$657/sqft |
Source: CRMLS #CV25167432 Report a problem | ||
| 8/6/2025 | Listed for sale | $529,000$657/sqft |
Source: CRMLS #CV25167432 Report a problem | ||
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Estimated market value
$663,100
