Multi-Unit Residential
For Sale
$1,295,000
1137 N Madison Avenue, Los Angeles, CA 90029
Four rental units include a two-story home, a detached one-story home, and a duplex with dedicated single-car garages.
Property Size3,678 SF
Days on Market213
Property Features for 1137 N Madison Avenue
General Information
Standard status
Active
Size
3,678 SF
Property subtype
Quadruplex
Zoning
TOC Tier 4
Building Details
Building Size
3,678 SF
Year Built
1907
Tenancy
Multi
Listing Agency:
Keller Williams Realty World Media Center
Listed By:
Noela Kim · License #02177870
Source:
Archetyperealty
Added: Feb 2
Changed: Aug 31
Last Checked: Sep 2 at 1:14AM
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 Keller Williams Realty World Media Center
Investment Insights
Based on property information with market context.
This property includes multiple income-producing residential buildings configured as a two-story single-family home with three bedrooms and one bathroom, plus an additional water closet. It also includes 1137½, a detached single-story home with two bedrooms and one bathroom. In addition, 1139 and 1139½ comprise a duplex with each unit offering one bedroom, one bathroom, and a dedicated single-car garage.
The site is currently zoned TOC Tier 4, and the seller notes the potential for favorable incentives for expansion or redevelopment, with buyer due diligence required regarding zoning and development potential. It is located approximately 900 feet from a Metro station and within about 300 feet of Madison Avenue Park and Community Garden. The property is also described as within half a mile of the Vermont/Santa Monica transit station.
Overall, the configuration provides several separate residential units on one lot, supported by transit-oriented zoning and close proximity to park and community garden amenities.
The site is currently zoned TOC Tier 4, and the seller notes the potential for favorable incentives for expansion or redevelopment, with buyer due diligence required regarding zoning and development potential. It is located approximately 900 feet from a Metro station and within about 300 feet of Madison Avenue Park and Community Garden. The property is also described as within half a mile of the Vermont/Santa Monica transit station.
Overall, the configuration provides several separate residential units on one lot, supported by transit-oriented zoning and close proximity to park and community garden amenities.
Key Highlights
- Four rental units: two‑story 3BR/1BA home plus a detached 2BR/1BA home and a duplex with two 1BR/1BA units
- Each duplex unit includes a dedicated single‑car garage
- Located about 900 feet from a Metro station and about 300 feet from Madison Avenue Park and Community Garden
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,050
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 - Four rental units include a two-story home, a detached one-story home, and a duplex with dedicated single-car garages.
Where is this quadplex located?
The property is located at 1137 N Madison Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: Four rental units: two‑story 3BR/1BA home plus a detached 2BR/1BA home and a duplex with two 1BR/1BA units; Each duplex unit includes a dedicated single‑car garage; Located about 900 feet from a Metro station and about 300 feet from Madison Avenue Park and Community Garden
