4-Unit Quadplex Investment
For Sale
$1,599,000
1115 N Madison, Los Angeles, CA 90029
Separate-structure quadplex with three 2-bedroom units and one 3-bedroom unit, offered for the first time in decades.
Property SizeContact for details
Days on Market47
Property Features for 1115 N Madison
General Information
Standard status
Active
Property subtype
Investment
Additional Details
Multifamily Units
4
Building Details
Year Built
1930
Listing Agency:
(323) 440-0716
Listed By:
Wayne Wong
(323) 440-0716
Source:
Elliman
Added: Jun 21
Changed: Jul 10
Last Checked: Aug 6 at 7:28AM
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 Wayne Wong
Investment Insights
Based on property information with market context.
1115 N. Madison Ave is a 4-unit quadplex offered for sale for the first time in over 40 years. The property is configured as three separate 2-bedroom, 2-bath units and one separate 3-bedroom, 2-bath unit, with each unit in its own structure. This layout supports an ownership or management model that prioritizes tenant privacy and individuality compared with more conventional multifamily arrangements.
Located in Los Angeles, the property is listed with a Walk Score of 91 (Walker’s Paradise), a Bike Score of 68 (Bikeable), and a Transit Score of 59 (Good Transit). These scores indicate daily amenity access on foot and by bicycle, along with reasonably strong public transportation connectivity for city commuting.
For investors or owner-operators, the unit mix provides flexibility for renting across different household sizes, with three units at the 2-bedroom level and one larger 3-bedroom option. The standalone structure setup may also appeal to buyers seeking a quadplex format where each residence functions more independently while still retaining the efficiencies of a single 4-unit investment property.
Located in Los Angeles, the property is listed with a Walk Score of 91 (Walker’s Paradise), a Bike Score of 68 (Bikeable), and a Transit Score of 59 (Good Transit). These scores indicate daily amenity access on foot and by bicycle, along with reasonably strong public transportation connectivity for city commuting.
For investors or owner-operators, the unit mix provides flexibility for renting across different household sizes, with three units at the 2-bedroom level and one larger 3-bedroom option. The standalone structure setup may also appeal to buyers seeking a quadplex format where each residence functions more independently while still retaining the efficiencies of a single 4-unit investment property.
Key Highlights
- 4‑unit investment property built in 1930 at 1115 N. Madison Ave, offered for the first time in over 40 years
- Separate‑structure quadplex layout: 3 units with 2 beds and 2 baths plus 1 unit with 3 beds and 2 baths
- Walk Score 91 (Walker’s Paradise) and Bike Score 68 (Bikeable) for convenient daily access
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
4,359
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
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Frequently Asked Questions
What type of property is this?
Quadplex - Separate-structure quadplex with three 2-bedroom units and one 3-bedroom unit, offered for the first time in decades.
Where is this quadplex located?
The property is located at 1115 N Madison 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 investment property built in 1930 at 1115 N. Madison Ave, offered for the first time in over 40 years; Separate‑structure quadplex layout: 3 units with 2 beds and 2 baths plus 1 unit with 3 beds and 2 baths; Walk Score 91 (Walker’s Paradise) and Bike Score 68 (Bikeable) for convenient daily access
