1137 N Madison Los Angeles, CA $ 1,495,000
1137 N Madison
$ 1,495,000
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1137 N Madison

Los Angeles, CA, 90029
$ 1,495,000
Baths1.0 Sq 3,678

Monthly Estimate*

$ 9,205

Listed by Keller Williams Realty World Media Center
1137 N Madison, Los Angeles, CA 90029 - Image 1
1137 N Madison, Los Angeles, CA 90029 - Image 2
1137 N Madison, Los Angeles, CA 90029 - Image 3
1137 N Madison, Los Angeles, CA 90029 - Image 4
1137 N Madison, Los Angeles, CA 90029 - Image 5
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,495,000 with 1 full bath. This 3,678 square foot home was built in 1907 on a lot size of 0.2803.

Welcome to 1137 N Madison Ave, a rare and versatile property offering exceptional potential investment. The 1137 residence is a two-story single-family home featuring three bedrooms, one bathroom, and an additional water closet. 1137½ is a detached, single-story home with two bedrooms and one bathroom. 1139 and 1139½ make up a duplex, with each unit offering one bedroom, one bathroom, and a dedicated single-car garage. Set on a generous lot, the property provides multiple income-producing units along with significant upside for future development. Currently zoned TOC Tier 4, the site may offer favorable incentives for expansion or redevelopment (buyer to conduct due diligence regarding zoning and development potential). Located within half a mile of the Vermont/Santa Monica transit station, the property benefits from excellent accessibility and is just steps from a communal garden and park. Its central location allows for easy access to Downtown Los Angeles, Echo Park, Los Feliz, and West Hollywood—areas with consistently strong rental demand. With its multiple units, desirable location, transit-oriented zoning, and development flexibility, this property presents the potential for a highly attractive investment opportunity with both immediate and long-term returns.

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Multi-Family Active

Price

$ 1,495,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2803

Year Built

1907

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

BB26023598

Days on Market

5

Features
General
Sewer Public Sewer
Cooling Wall/Window Unit(s)
HOA Fee 0
Garage Spaces 2
Pool Features None
Exclusions Washers and dryers not included in the sale of property.
Year Built 1907
Property Subtype Quadruplex
Gross Income 66123
Community Features Park
County Los Angeles
Net Operating Income 51920
Operating Expense 14212
Insurance Expense 3322
New Construction false
Property Type Residential Income
HOA false
Contingency PRIVATE REMARKS: Please submit all offers with pre-approved letter to soldbynoela@gmail.com in a SINGLE PDF. Buyers must cross qualify with Christine Hatch of The Mortgage Group 818-314-4648. Owner financing options available. All information is deemed to be correct but not guaranteed. Buyers and Buyers agents are advised to conduct their own investigations of the property and the information contained herein utilizing professionals where appropriate before purchasing this property. DRIVE BY ONLY. INTERIOR SHOWING SUBJECT TO ACCEPTED OFFER.
MaintenanceExpense 5000
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Between Santa Monica BLVD and Lexington AVE
City Los Angeles
Entry Location Living Room
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 4
MLS Area C21 - Silver Lake - Echo Park
Lot Size Units Square Feet
Lot Size Square Feet 12209
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 1350
Water Sewer Expense 1350
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Owner
Tax Lot 26
Property Sub Type Additional Quadruplex
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Interior
Fireplace Features None
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N true
Fireplace Y/N false
Laundry Features Washer Hookup Electric Dryer Hookup
Entry Level 1
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Exterior
Lot Features Back Yard Front Yard Rectangular Lot
Water Source Public
Total Parking 6
Lot Size Area 12209
Number of Buildings 3
Building Area Total 3678
Lot Size Acres 0.2803
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Keller Williams Realty World Media Center

Broker

Soldbynoela@gmail.com

Email

Affordability Calculator

$9,205
Per Month
100%
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0%
Monthly Principal & Interest
$9,205
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2026$1,495,000 Listed Price

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1137 N Madison, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $1,495,000 with 3,678 sqft and a lot size of 0.2803. 1137 N Madison is a studio with 1.0 baths and was built in 1907. The property's zip code is 90029 which is in Los Angeles, CA