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$1,350,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 1,657 Sq. Ft.
  • Updated 6 hours ago
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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.

Full Property Details for 557 N Madison Ave

General

  • Price: $1,350,000
  • Status: Active
  • Type: Single Family
  • Source: CLAW
  • MLS ID: 26998563
  • Updated: 10/8/2026
  • Added to Site: 1 day(s) ago

Interior

  • Rooms/Areas: Dining Area, Office, Media Room, Living Room, Library
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Furnishings: Unfurnished
  • Flooring: Hardwood, Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Inside

Additional Information

  • Pool Description: None
  • Spa Description: None
  • Other Features: None

Parking

  • Garage Description: Garage - 4+ Car, Garage Is Detached, Workshop

Location

  • Area: Silver Lake - Echo Park
  • County: Los Angeles
  • Driving Directions: Exit the 101 frwy to Vermont, take Vermont to Clinton. Take Clinton to N Madison.

Heating & Cooling

  • Cooling Type: Wall/Window
  • Heating Type: Floor Furnace

Structural Information

  • Architectural Style: Traditional
  • Structure Type: Single Family Residence
  • Common Walls: Detached/No Common Walls
  • Stories/Levels: 0
  • Square Feet: 1,657
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1940
  • Year Built Source: Vendor Enhanced

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1724
  • Lot Size: 7508
  • Lot Size Source: Vendor Enhanced
  • Lot Dimensions: 50 x 150
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $814.73
  • Assessment Year: 1940

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 5539-032-002

Listed by Pearson Affiliated, Inc., Yitzy Pearson

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Listing agent

— 557 N Madison Ave —

  • Yitzy Pearson

    Pearson Affiliated, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 557 N Madison Ave

School District:Los Angeles Unified School District
NameGradesDistance
Dayton Heights Elementary School
607 N. W.moreland Ave., Los Angeles, CA 90004
K-50.1 mi
Thomas Starr King Middle School
4201 Fountain Avenue, Los Angeles, CA 90029
6-81.1 mi
John Marshall Senior High School
3939 Tracy Street, Los Angeles, CA 90027
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 557 N Madison Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/08/2026
Listed
$1,350,000
9.31%
MLS
6/21/2021
Sold
$1,235,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 557 N Madison Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,247
—
$1,363,536
2%
2025
$16,247
3%
$1,336,801
4%
2023
$15,783
5%
$1,284,893
2%
2022
$15,048
259%
$1,259,700
278%
2021
$4,186
-1%
$333,098
1%
2020
$4,223
4%
$329,683
2%
2019
$4,063
3%
$323,220
2%
2018
$3,952
2%
$316,883
2%
2017
$3,865
3%
$310,671
2%
2016
$3,764
1%
$304,580
2%
2015
$3,710
—
$300,005
2%
2014
$3,728
—
$294,129
—
2013
$3,728
—
$292,801
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Pearson Affiliated, Inc., Yitzy Pearson

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Sold by The Tracy Do Team

557 N Madison Ave, Los Angeles, CA 90004 (MLS# 26998563) is a Single Family property with 2 bedrooms and 1 full bathroom. 557 N Madison Ave is currently listed for $1,350,000 and was received on October 08, 2026. Want to learn more about 557 N Madison Ave? Do you have questions about finding other Single Family real estate for sale in Silver Lake? You can browse all Silver Lake real estate or contact a Coldwell Banker agent to request more information.

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