Four-Unit Quadplex Investment
For Sale
$1,599,000
1115 N Madison AVE, Los Angeles, CA 90029
Quadplex with three 2-bed/2-bath units and one 3-bed/2-bath unit, each in its own separate structure.
Property SizeContact for details
Days on Market54
Property Features for 1115 N Madison AVE
General Information
Standard status
Active
Property subtype
Multi Family
Additional Details
Multifamily Units
4
Building Details
Year Built
1930
Listing Agency:
eXp Realty of Greater Los Angeles
(323) 440-0716
Listed By:
Wayne Wong · License #01995657
(323) 440-0716
Source:
Exitrealty
Added: Jun 18
Changed: Aug 8
Last Checked: Aug 10 at 3:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Greater Los Angeles
Investment Insights
Based on property information with market context.
1115 N. Madison Ave is a four-unit quadplex offered for sale for the first time in over 40 years. The property consists of four separate structures, with each unit having its own independent layout. The unit mix includes three units with 2 bedrooms and 2 bathrooms, and one unit with 3 bedrooms and 2 bathrooms, providing flexibility for different household sizes.
The property is positioned in central Los Angeles with convenient access to popular neighborhoods, dining, shopping, entertainment, and major commuter routes. The remarks indicate nearby freeway access and public transportation options, with proximity noted to Hollywood, Koreatown, Silver Lake, and Downtown LA.
This configuration can appeal to buyers and operators seeking a small multifamily asset with a straightforward four-unit setup and a mix of unit sizes. Each unit’s separate structure may offer practical privacy for residents, while the combination of 2- and 3-bedroom floorplans can broaden tenant fit within a single property. The asset’s long-term ownership perspective is supported by the property’s established tenure and the layout designed around distinct unit structures.
The property is positioned in central Los Angeles with convenient access to popular neighborhoods, dining, shopping, entertainment, and major commuter routes. The remarks indicate nearby freeway access and public transportation options, with proximity noted to Hollywood, Koreatown, Silver Lake, and Downtown LA.
This configuration can appeal to buyers and operators seeking a small multifamily asset with a straightforward four-unit setup and a mix of unit sizes. Each unit’s separate structure may offer practical privacy for residents, while the combination of 2- and 3-bedroom floorplans can broaden tenant fit within a single property. The asset’s long-term ownership perspective is supported by the property’s established tenure and the layout designed around distinct unit structures.
Key Highlights
- 4‑unit quadplex built in 1930 at 1115 N. Madison Ave, Los Angeles
- Unit mix: three 2 bed / 2 bath units and one 3 bed / 2 bath unit
- Each unit is its own separate structure, offering standalone privacy for residents
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,484
Businesses Nearby
Explore this area
Business Placement
Demographics for 90029, CA
34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex with three 2-bed/2-bath units and one 3-bed/2-bath unit, each in its own separate structure.
Where is this quadplex located?
The property is located at 1115 N Madison AVE Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: 4‑unit quadplex built in 1930 at 1115 N. Madison Ave, Los Angeles; Unit mix: three 2 bed / 2 bath units and one 3 bed / 2 bath unit; Each unit is its own separate structure, offering standalone privacy for residents
