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Rare Opportunity! Unique Dual-Unit Property on the Market for the First Time in Over 50 Years!!! Discover a truly rare gem! This unique and exclusive property, making its first appearance on the market in over five decades, offers incredible potential and versatility. Situated on a huge lot, this one-of-a-kind residence offers two units in one, perfect for multi-generational living or as an amazing income-generating investment property to add to your portfolio. With two separate addresses (404 W Madison and 404 1/2 W Madison) for mail and utility billing, you can easily rent out one or both units, offering incredible flexibility for homeowners or investors. The front dwelling offers a single story, two bed/two bathroom while the rear of the home offers 2 bedrooms with a bonus room and one and a half baths. The home can be used as a single family residence, a next-gen home offering additional family members privacy and independent living, or as a multi-unit generating multiple rental income streams. The backyard offers privacy and parking for multiple vehicles or recreation! Unwind in your own personal jacuzzi with a private cabana, adding a touch of luxury to this unique home. Truly must be seen in person to be fully appreciated! The property is ideally located close to shopping, dining, and downtown, combining convenience with the rare chance to own a truly uniquely special home. This is a rare opportunity to own a property with endless potential—don't miss out!
Listing agent: TODD COLLINS DRE #01397262 tddcllns@gmail.com, Listing office: Bon Vie Realty Group
MLS data updated 10/31/2026, 9:54:52 PM PT
Source: CRMLS, MLS #: IV24195929
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 29, 2024
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,000,000Closed sale · Oct 29, 2024ZIP 90640 · Oct 2024
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.