1137 N Madison Avenue, Los Angeles, CA 90029
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
1137 N Madison Avenue,Los Angeles, CA 90029
$1,295,000
- - Beds
- - Baths
- 3,678 sq. ft.
- Multi-family
- Active
Listed by: noela kim
Office: keller williams realty world media center818-239-3500
MLS#:BB26023598
Source:CRMLS
Price summary
- Price:$1,295,000
- Price per sq. ft.:$352.09
About this home
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....
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Home facts
- Year built:1907
- Listing ID #:BB26023598
- Added:878 day(s) ago
- Updated:September 26, 2026 at 10:50 AM
Rooms and interior
- Living area:3,678 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Year built:1907
- Building area:3,678 sq. ft.
- Lot area:0.28 Acres
- Lot Features:Back Yard, Front Yard, Rectangular Lot
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,295,000
- Price per sq. ft.:$352.09
Parking
- Total parking spaces:6
- Garage:Yes
- Garage spaces:2
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