1137 N Madison Avenue

Los Angeles, CA 90029

  • 7 Bed(s)
  • 4 Bath(s)
  • 3,678 Sqft
  • 12209
    Sqft(Lot)
$1,995,000

Description

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.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49455251

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1907
    • Building Area Total: 3,678

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.2803
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 12209

  • Listing Price Information

    • Original List Price: 1,995,000
    • Listing Contract Date: 2025-04-21

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 5542029031

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C21 - Silver Lake - Echo Park
    • Postal Code Plus 4: 1807
    • Directions: Between Santa Monica BLVD and Lexington AVEn
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C21 - Silver Lake - Echo Park
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 118
    • Common Walls: 1 Common Wall
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/27/2025 @ 19:03

  • MLS: BB25087295
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 7 bedrooms which is for sale, it has 3,678 sqft, 12,209 sized lot, and 2 parking. are nearby neighborhoods.