NOT LISTED FOR SALE

546 N Madison Ave Los Angeles, CA 90004

East Hollywood Neighborhood

Estimated Value: $1,059,000 - $1,609,000

0.17 Acre
$8,061,541 Price per Acre
7,508 Sq Ft Lot

Last Sold September 04, 2019

Last sale price $1,010,000 $762 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,562/month

273 Days on Market

About This Lot

As of September 2019

In Escrow. Sellers will accept backup offers subject to escrow cancellation. Motivated Seller with pricing at $1.1M. This site presents a rare development opportunity with increased density to potentially build up to 17 multifamily units on the property due to it's location in the TOC overlay zone AND an Opportunity Zone. The site is located in close proximity to Vermont/Santa Monica Metro Station, and is at the heart of the up and coming E. Hollywood neighborhood. Please note that there is an existing home on the property of 1,325 SF, year built 1921.

Last Agent to Sell the Property

Andrew Gee

WILLIAMSON REAL ESTATE License #01963465 Listed on: 08/20/2018

Last Buyer's Agent

Yohann Bensimon

Keller Williams Hollywood Hills License #01966630

Keller Williams Hollywood Hills

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,310

Lot Details

  • 7,508 Sq Ft Lot
  • Property is zoned LAR3

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5539-031-026

Property Details

Property Type

Land

Est. Annual Taxes

$13,310

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: Yes
  • Telephone: Yes

Lot Info

  • Assessor Parcel Number: 5539-031-026
  • Geocode Override: No
  • Improvements: 1,325 SF
  • Lot Size Area: 7508

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Aug 28, 2019
Sold by
Wong Reginald and Small Christine Wong
Bought by
546 Madison Property Llc
Seller's Agent
Andrew Gee
WILLIAMSON REAL ESTATE
Buyer's Agent
Yohann Bensimon
Keller Williams Hollywood Hills
List Price
$1,200,000
Sold Price
$1,010,000
Premium/Discount to List
-$190,000
-15.83%
Current Estimated Value
$1,370,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,462
Avg. Annual Appreciation
3.97%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
546 Madison Property Llc $1,010,000 First American Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2019 09/04/19 Sold $1,010,000 -8.2% $762 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
01/22/2019 01/22/19 Price Changed $1,100,000 -8.3% $830 / Sq Ft
10/04/2018 10/04/18 For Sale $1,200,000 0.0% $906 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $1,200,000 -- $906 / Sq Ft
Source: The MLS

Tax History Compared to Growth

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 $13,310 $1,104,576 $883,663 $220,913
2024 $13,310 $1,082,919 $866,337 $216,582
2023 $13,052 $1,061,686 $849,350 $212,336
2022 $12,444 $1,040,870 $832,697 $208,173
2021 $12,295 $1,020,462 $816,370 $204,092
2020 $12,421 $1,010,000 $808,000 $202,000
2019 $3,239 $250,345 $197,382 $52,963
2018 $3,162 $245,437 $193,512 $51,925
2016 $755 $46,346 $34,149 $12,197
2015 $747 $45,651 $33,637 $12,014
2014 $760 $44,758 $32,979 $11,779
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Andrew Gee

    WILLIAMSON REAL ESTATE

    Section Image
  • Yohann Bensimon

    Buyer's Agent in 2019

    Yohann Bensimon

    Keller Williams Hollywood Hills

    (310) 801-1242

    3 in this area

    47 Total Sales

    Yohann Bensimon
    Section Image
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Map

Source: The MLS

MLS Number: 18-376880

The MLS

APN: 5539-031-026

California Los Angeles County Los Angeles 90004 East Hollywood

546 N Madison Ave, Los Angeles, CA

This home is located at 546 N Madison Ave, Los Angeles, CA 90004 since 20 August 2018 and is currently estimated at $1,370,462, approximately $1,034 per square foot. 546 N Madison Ave is a home located in Los Angeles County with nearby schools including Dayton Heights Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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