Multi-Unit Residential
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.
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
Similar For Sale Nearby
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