Properties

Los Angeles, CA 90029 1137 N Madison Avenue

1137 N Madison Avenue Los Angeles, CA - Image 11137 N Madison Avenue Los Angeles, CA - Image 21137 N Madison Avenue Los Angeles, CA - Image 3
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1137 N Madison Avenue Los Angeles, CA - Image 4
Presented By: Noela Kim with Keller Williams Realty World Media Center; 818-813-1361
  • MLS# BB26023598
  • 01/30/2026
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  • Baths • 1
  • SQFT • 3,678
  • Garage • 2

Home Details

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. 1137ยฝ is a detached, single-story home with two bedrooms and one bathroom. 1139 and 1139ยฝ 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 Hollywoodโ€”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.
Presented By: Noela Kim with Keller Williams Realty World Media Center; 818-813-1361

Interior Features for 1137 N Madison Avenue

Other Interior Features

Air Conditioning Y/NYes
Common Walls1 Common Wall
Fireplace FeaturesNone
Fireplace Y/NNo
Laundry FeaturesWasher Hookup, Electric Dryer Hookup
Total Stories2

Other Rooms

Entry Level1

General for 1137 N Madison Avenue

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesPark
ContingencyPRIVATE REMARKS: Please submit all offers with pre-approved letter to soldbynoela@gmail.com in a SINGLE PDF. Buyers must cross qualify with Christine Hatch of The Mortgage Group 818-314-4648. . All information is deemed to be correct but not guaranteed. Buyers and Buyers agents are advised to conduct their own investigations of the property and the information contained herein, utilizing professionals where appropriate before purchasing this property. DRIVE BY ONLY. INTERIOR SHOWING SUBJECT TO ACCEPTED OFFER.
CoolingWall/Window Unit(s)
CountyLos Angeles
DirectionsBetween Santa Monica BLVD and Lexington AVE
Entry LocationLiving Room
ExclusionsWashers and dryers not included in the sale of property.
Garage Spaces2
Garage Y/NYes
Gross Income66123
HOANo
HOA Fee$
Insurance Expense3322
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet12209
Lot Size UnitsSquare Feet
MLS AreaC21 - Silver Lake - Echo Park
MaintenanceExpense5000
Net Operating Income51920
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4
Operating Expense14212
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot26
Trash Expense1350
Water Sewer Expense1350
Year Built1907
Year Built SourceOwner

Exterior for 1137 N Madison Avenue

Building Area Total3678
Lot FeaturesBack Yard, Front Yard, Rectangular Lot
Lot Size Acres0.2803
Lot Size Area12209
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Private PoolNo
Total Parking6
Water SourcePublic

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,295,000
MLS#BB26023598
List Date 01/30/2026
Property Type Multi-Family
Phone 888.795.6274
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