1137 N Madison Avenue, Los Angeles, CA — listing photo 1
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FOR SALE

1137 N Madison Avenue

Los Angeles, CA 90029
12,209 Lot Sq Ft
Built 1907
$1,295,000
Price ReducedWas $1,495,000 — $1,295,000 (-$200,000)

Property Overview

Welcome to 1137 N Madison Ave, a rare and versatile property offering exceptional potential investment. The location of the property offers many advantages for potential investments and builds. The 1137 residence is a two-story single-family home featuring three bedrooms, one bathroom, and an additional water closet. 1137½ is a detached, single-story home with two bedrooms and one bathroom. 1139 and 1139½ make up a duplex, with each unit offering one bedroom, one bathroom, and a dedicated single-car garage. Set on a generous lot, the property provides multiple income-producing units along with significant upside for future development. Currently zoned TOC Tier 4, the site may offer favorable incentives for expansion or redevelopment (buyer to conduct due diligence regarding zoning and development potential). Thus property offers many advantages as it is located within approximately 900 feet from the Metro station and within 300 feet from the one of a kind Madison Avenue Park and Community Garden. Located within half a mile of the Vermont/Santa Monica transit station, the property benefits from excellent accessibility and is just steps from a communal garden and park. Its central location allows for easy access to Downtown Los Angeles, Echo Park, Los Feliz, and West Hollywood—areas with consistently strong rental demand. With its multiple units, desirable location, transit-oriented zoning, and development flexibility, this property presents the potential for a highly attractive investment opportunity with both immediate and long-term returns.

Home Details

Property type
Residential Income - Quadruplex
Year built
1907
Lot size
12,209 sq ft
Parking
6 spaces
Garage
2 spaces
Stories
2
Days on market
49
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Back Yard
  • Front Yard
  • Rectangular Lot

Community, Schools & Utilities

Utilities

Cooling
WallWindowUnits
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

1137 N Madison Avenue

Los Angeles, CA 90029

Frequently Asked Questions About 1137 N Madison Avenue

Property type: Residential Income

The current asking price is $1,295,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1137 N Madison Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1907. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 49 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Noela Kim
MLS ID: BB42913

Available property

$1,295,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.