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646 N Madison Avenue, Los Angeles, CA 90004

Local realty services provided by:CENTURY 21 Discovery
646 N Madison Avenue,Los Angeles, CA 90004
$2,249,000
  • - Beds
  • - Baths
  • 7,134 sq. ft.
  • Multi-family
  • Active
Listed by: john stiegler ii, rory barish
Office: lyon stahl investment real estate, inc.
MLS#:SB26039613
Source:CRMLS

Price summary

  • Price:$2,249,000
  • Price per sq. ft.:$315.25

About this home

We are pleased to present 646 N Madison Ave, a 10-unit multifamily investment opportunity in the heart of East Hollywood, Los Angeles, featuring 1988 construction and not subject to LA RSO rent control. Situated in an Opportunity Zone and designated TOC Tier 3, the property offers strong long term investment fundamentals with potential density and development advantages. The building totals approximately 7,134 square feet on a 7,513 square foot lot and features a desirable unit mix of (4) one bedroom one bath units and (6) two bedroom one bath units, appealing to a broad tenant base. The asset includes 21 ground level parking spaces, gated tuck under parking access, and a coin operated shared laundry facility, providing both tenant convenience and additional income potential. With solid in place income and approximately 60% upside in rental income, the property presents a compelling value add opportunity. Based on projected market rents, the property offers an estimated 10.26% market

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Home facts

  • Year built:1988
  • Listing ID #:SB26039613
  • Added:1 day(s) ago
  • Updated:February 24, 2026 at 12:37 AM

Rooms and interior

  • Living area:7,134 sq. ft.

Structure and exterior

  • Year built:1988
  • Building area:7,134 sq. ft.
  • Lot area:0.17 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,249,000
  • Price per sq. ft.:$315.25
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Discovery is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Discovery, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

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