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Mixed Residential Income Property with Duplex
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1137 N Madison, Los Angeles, CA 90029

Includes a 3-bedroom home, a detached 2-bedroom home, and a duplex with two 1-bedroom units, zoned TOC Tier 4.

Property SizeContact for details
Days on Market216

Property Features for 1137 N Madison

General Information

Standard status Active
Property subtype Multifamily
Zoning Seller

Building Details

Buildings 3
Stories 2
Units 4
Listing Agency: Keller Williams Realty World Media Center
Listed By: Noela Kim · License #02177870
Source: Crexi
Added: Jan 30 Changed: Aug 31 Last Checked: Aug 29 at 7:53PM

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.

The property at 1137 N Madison Ave comprises multiple residential units on one lot. It includes a two-story single-family home with three bedrooms, one bathroom, and an additional water closet, along with a detached single-story home with two bedrooms and one bathroom. The duplex portion provides two separate one-bedroom, one-bathroom units, and each unit has a dedicated single-car garage.

The site is currently zoned TOC Tier 4, which the seller notes may support incentives for expansion or redevelopment, subject to buyer due diligence. The property is located approximately 900 feet from a Metro station and about 300 feet from Madison Avenue Park and Community Garden. It is also within half a mile of the Vermont/Santa Monica transit station, with nearby access to Downtown Los Angeles, Echo Park, Los Feliz, and West Hollywood.

Key Highlights

  • Three‑income‑unit mix on one lot: 3‑bedroom/1‑bath two‑story home, detached 2‑bedroom/1‑bath home, and a duplex with two 1‑bedroom/1‑bath units
  • Each duplex unit includes a dedicated single‑car garage
  • Property is currently zoned TOC Tier 4

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store Electrical Service Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,359
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Includes a 3-bedroom home, a detached 2-bedroom home, and a duplex with two 1-bedroom units, zoned TOC Tier 4.
Where is this triplex located?
The property is located at 1137 N Madison 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: Three‑income‑unit mix on one lot: 3‑bedroom/1‑bath two‑story home, detached 2‑bedroom/1‑bath home, and a duplex with two 1‑bedroom/1‑bath units; Each duplex unit includes a dedicated single‑car garage; Property is currently zoned TOC Tier 4
More about this property
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