$529,000
UNDER CONTRACT

Estimated payment $2,949/month

Total Views 513
1 Bed
1 Bath
805 Sq Ft
$657 Price per Sq Ft

Highlights

  • City Lights View
  • No HOA
  • Laundry Room
  • John Marshall Senior High Rated A
  • Living Room
  • 1-minute walk to Madison West Park

About This Home

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.

Listing Agent

ALLEN WU

ALLEN WU, BROKER Brokerage Email: LILUNWU@HOTMAIL.COM License #01215119 Listed on: 07/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $633

Year Built

  • Built in 1926

Lot Details

  • 2,502 Sq Ft Lot
  • Chain Link Fence
  • Fence is in average condition
  • Density is up to 1 Unit/Acre
  • 5539031014,5539031016
  • Property is zoned LAR3

Home Design

  • Shingle Roof

Interior Spaces

  • 805 Sq Ft Home
  • 1-Story Property
  • Living Room
  • City Lights Views
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Schools

  • John Marshall High School

Additional Features

  • Exterior Lighting
  • Urban Location
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / J
  • Tax Tract Number 1927
  • Assessor Parcel Number 5539031015
  • $192 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$633

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5539031015
  • Year Built: 1926
  • Special Features: UnderContract

Interior Features

  • Fireplace: No
  • Living Area: 805.00 Square Feet
  • Stories: 1
  • Entry Location: Front Porch
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 657.14
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Primary Bathroom, Primary Bedroom

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Average Condition, Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Schools

  • School District: Los Angeles Unified
  • High School: John Marshall
  • High School: John Marshall
  • High School2: JOHMAR

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5539031014,5539031016
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2502.00
  • Lot Size Acres: 0.0574

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2502.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: J
  • Tax Census Tract: 1927.00
  • Tax Lot: 14
  • Tax Tract Number: 1927
  • TaxOtherAnnualAssessmentAmount: 192.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $633 $37,436 $22,027 $15,409
2024 $633 $36,703 $21,596 $15,107
2023 $624 $35,984 $21,173 $14,811
2022 $598 $35,279 $20,758 $14,521
2021 $588 $34,588 $20,351 $14,237
2019 $573 $33,565 $19,749 $13,816
2018 $529 $32,908 $19,362 $13,546
2016 $497 $31,632 $18,611 $13,021
2015 $491 $31,158 $18,332 $12,826
2014 $502 $30,548 $17,973 $12,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 For Sale $529,000 0.0% $657 / Sq Ft
07/31/2025 07/31/25 Off Market $529,000 -- --
07/31/2025 07/31/25 For Sale $529,000 0.0% $657 / Sq Ft
07/30/2025 07/30/25 Off Market $529,000 -- --
07/30/2025 07/30/25 For Sale $529,000 -- $657 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25167432

California Regional Multiple Listing Service (CRMLS)

APN: 5539-031-015