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1137 N Madison Avenue

Los Angeles, CA 90029

– beds
– baths
– sqft
12,209 sqft lot
1907 build
– on site

Great potential for low income housing developers or investor income property potential! Welcome to 1137 N Madison Ave offering a wonderful investment opportunity. This property includes four separate addresses (1137, 1137 ½, 1139, and 1139 ½). 1137 has is 2-story single resident home offering 3 bedrooms and 1 bath plus a water closet. 1137 ½ is a single-family, single-story home with 2 bedrooms and 1 bath. 1139 and 1139 ½ are within a duplex, each with 1 bedroom and 1 bathroom, and each with a single car garage for each unit. With a generous amount of land, the opportunities this property holds for future builds are endless. The property is located within ½ mile of the Vermont/Santa Monica transit station, and is currently zoned for TOC Tier 4, enabling possible advantages to prospective builders (buyer must exercise due diligence in determining all current zoning details and implications). The strategic location is a short drive away from the sought after downtown LA, Echo Park, Los Feliz and West Hollywood area and features a communal garden and park within 500 feet of the property. This property offers a great investment opportunity and lots of potential.

Listed By CRMLS_CA / Noela Kim / Keller Williams Realty World Media Center / 818-813-1361

Last checked: Checking… • Last updated Apr 21, 2025 •

MLS# BB25087295 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1907
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

3678.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

3
Stories Total:

2
Entry Level:

1
Common Walls:

1 Common Wall
# of Separate Gas Meters:

4
# of Separate Water Meters:

1
# of Separate Electric Meters:

4

Interior

Levels:

Two
Entry Location:

1
Fireplace:

No
Fireplace:

None
Laundry:

Electric Dryer Hookup, Washer Hookup
Laundry:

1

Location

Directions:

Between Santa Monica BLVD and Lexington AVEn
Latitude:

34.09206500
Longitude:

-118.28979500

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Zoning:

LARD1.5
Lot Features:

0-1 Unit/Acre
Lot Size Area:

12209.0000
Lot Size Acres:

0.2803
Lot Size SqFt:

12209.00
Lot Size Source:

Assessor
Exclusions:

Washer and dryers not included
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

1913.01
Tax Tract:

26
Tax Lot:

26

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5542029031

Heating & Cooling

Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Sidewalks
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

6.00
Garage Spaces:

2.00
Uncovered Spaces:

4.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price
4/21/25 Apr 21, 2025	Listed / Active	CRMLS_CA	$1,995,000
2/7/25 Feb 7, 2025	Price Changed	BRIDGE
2/6/25 Feb 6, 2025	Price Changed	CRMLS_CA

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This multifamily located in Central LA, Los Angeles, CA 90029 is currently for sale for $1,995,000. 1137 N Madison Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 0 days. 1137 N Madison Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 93, making it a walker’s paradise. This multifamily is in the attendance area of Thomas Starr King Middle School Magnet: Film And Media, Lockwood Avenue Elementary School, and John Marshall Senior High.

Listing Courtesy of: CRMLS_CA and Keller Williams Realty World Media Center. Based on information from California Regional Multiple Listing Service, Inc. as of 18:35 on Apr 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.