
Los Angeles, California 90004
Welcome to 500 N Madison, a fully remodeled 3 bedroom, 2 bath home in the heart of the East Side, offered under $1 million.Inside, 1,301 square feet of living space has been renovated from the inside out. You'll find all-new wiring and plumbing, an upgraded 200-amp electrical panel, a new HVAC system for year-round comfort, and new windows that bring in plenty of natural light. With this much already done, you can move right in and skip the projects.Outside, the front yard is fully enclosed and gated, with automatic sprinklers and privacy hedges, giving you a private spot for morning coffee or weekend gardening. Off-street parking is easy too, with a two-car carport behind its own gate.The location is hard to beat. Silver Lake is within walking distance, with its cafes, shops, and restaurants. Los Feliz is just a short drive away. Across the street, a small, recently updated park adds a bit of green space right outside your door.This home pairs modern systems with a layout that's easy to live in, and it's priced to stand out in a competitive market.
Property is new construction or fully renovated.
Although built in 1946, the property has undergone a high-quality, comprehensive renovation within the last 5 years. The interior features modern open-concept living, recessed lighting, and updated flooring. The bathroom is fully remodeled with contemporary tile and glass finishes, and the laundry room includes modern high-end appliances. The exterior shows fresh paint, newer windows, and well-maintained grounds, indicating no immediate maintenance is required.
Situated in the highly desirable Silver Lake - Echo Park area, the property offers excellent proximity to trendy dining, entertainment, and major employment hubs in Downtown Los Angeles.
The inclusion of city light views adds significant aesthetic value and a sense of elevation, making the living space more attractive to urban professionals.
Priced at $899,000 for a three-bedroom detached home, this property represents a strong value proposition for buyers looking to enter a premium sub-market at a sub-million dollar price point.
The 3,000 square foot lot is relatively compact for a single-family residence, which restricts outdoor recreational space and potential for future expansions or ADU additions.
Constructed in 1946, the property may require significant capital expenditure for modernizing older systems such as plumbing, electrical, or insulation to meet current efficiency standards.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,301 | 1,670.836 |
| Lot Size | 3,000 | 6,152.156 |
| Price | $899.0K | $1.34M |
| Price per sq ft | $691 | $807 |
| Built year | 1946 | 1941 |
| HOA | $0 | $238 |
| Days on market | 11 | 56 |
Oct 29, 2026
$899,000
Initial Listing
Oct 15, 2025
$545,000
Public Record
Oct 14, 2025
$550,000
Public Record