1115 N Madison Los Angeles, CA $ 1,599,000
1115 N Madison
$ 1,599,000
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1115 N Madison

Los Angeles, CA, 90029
$ 1,599,000
Baths8.0 Sq 3,416

Monthly Estimate*

$ 9,845

Listed by eXp Realty of Greater Los Angeles
1115 N Madison, Los Angeles, CA 90029 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,599,000 with 8 full baths. This 3,416 square foot home was built in 1930 on a lot size of 0.2455.

First time on the market in over 40 years, 1115 N. Madison Ave presents a rare opportunity to own a well-located 4-unit investment property in the heart of Los Angeles with tremendous upside potential. Each unit in this quadplex is its OWN SEPARATE STRUCTURE... the property offers a level of privacy and individuality rarely found in traditional multifamily properties. The unit mix consists of 3 units that are 2 beds & 2 baths and 1 unit that is 3 beds & 2 baths, creating strong rental appeal for a wide range of tenants. With generous layouts and standalone structures, the property is ideally positioned for both long-term hold investors and buyers looking to unlock future value through strategic improvements and rental growth. Situated in a highly central and convenient location, residents enjoy easy access to some of Los Angeles’ most popular neighborhoods, dining, shopping, entertainment, and major commuter routes. Just minutes from Hollywood, Koreatown, Silver Lake, and Downtown LA, the property offers the connectivity and lifestyle today’s renters are actively seeking. Nearby freeway access and public transportation options make commuting throughout the city simple and efficient. Whether you’re looking to expand your portfolio, reposition an asset, or secure a generational investment in a prime Los Angeles location, 1115 N. Madison Ave is a standout opportunity with character, flexibility, and long-term potential.

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Multi-Family Active

Price

$ 1,599,000

Bedrooms

Studio

Full Bath

8

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2455

Year Built

1930

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

CV26099977

Days on Market

26

Features
General
Sewer Public Sewer
Cooling Central Air
Possession Close Of Escrow
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1930
View None
Stories Count 1
Levels One
Property Subtype Quadruplex
Gross Income 48600
Community Features Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Santa Monica Blvd & Madison Ave.
City Los Angeles
Entry Location front
Senior Community Y/N false
Number Of Units Total 4
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 10694
Number of Units Leased 4
Listing Terms Cash Cash to Existing Loan Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Trash Expense 0
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 21
Total Actual Rent 48600
Property Sub Type Additional Quadruplex
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Interior
Interior Amenities All Bedrooms Down
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Driveway On Site One Space
Lot Features 2-5 Units/Acre
Water Source Public
Total Parking 0
Lot Size Area 10694
Number of Buildings 4
Building Area Total 3416
Lot Size Acres 0.2455
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
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* Excluded Features
List By
Exp Realty Of Greater Los Angeles

Broker

wayne@netwrkre.com

Email

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Monthly Principal & Interest
$9,845
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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
6/17/2026$1,599,000 Listed Price

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1115 N Madison, Los Angeles, CA, 90029 is a Multi-Family Home for sale at $1,599,000 with 3,416 sqft and a lot size of 0.2455. 1115 N Madison is a studio with 8.0 baths and was built in 1930. The property's zip code is 90029 which is in Los Angeles, CA