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646 N Madison Avenue, Los Angeles, CA 90004

Los Angeles
Local realty services provided by:CENTURY 21 Cornerstone
646 N Madison Avenue,Los Angeles, CA 90004
$2,300,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: john stiegler ii, rory barish
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26039613
Source:CRMLS

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Price summary

  • Price:$2,300,000

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:112 day(s) ago
  • Updated:June 16, 2026 at 06:39 AM

Structure and exterior

  • Year built:1988
  • Lot Features:Rectangular Lot

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,300,000

Parking

  • Total parking spaces:21
  • Parking description:21 Carport Space(s)
  • Carport spaces:21
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