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Multi-Unit Residential Property

1137 N Madison Ave Los Angeles, CA 90029

1137 N Madison Ave, Los Angeles, CA, 90029
$1,295,000
For Sale
$1,295,000

Four rental units include a two-story home, a detached one-story home, and a duplex with dedicated single-car garages.

Days on Market85

Property Features for 1137 N Madison Ave

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1907
Listing agency
Listed by Noela Kim
Source Elliman
Added: Apr 29 Updated: Jul 21 at 6:00PM Checked: Jul 21 at 6:00PM

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 Noela Kim


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.

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

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Restaurant Travel Agency Locksmith (Bike/Boat/Book/etc) Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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 Ave 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
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