1115 N Madison , Los Angeles, CA 90029
$1,370,000
Est. Payment: $6,893.62/mo
9 Bed
8 Bath
3416 Sqft
Status: active | Days on site: 44
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House Description

BIG PRICE IMPROVEMENT OVER 200K! First time on the market in over 40 years, 1115 N. Madison Ave presents a rare opportunity to own a well-located 4-unit investment property in the heart of Los Angeles with tremendous upside potential. Each unit in this quadplex is its OWN SEPARATE STRUCTURE... the property offers a level of privacy and individuality rarely found in traditional multifamily properties. The unit mix consists of 3 units that are 2 beds & 2 baths and 1 unit that is 3 beds & 2 baths, creating strong rental appeal for a wide range of tenants. With generous layouts and standalone structures, the property is ideally positioned for both long-term hold investors and buyers looking to unlock future value through strategic improvements and rental growth. Situated in a highly central and convenient location, residents enjoy easy access to some of Los Angeles’ most popular neighborhoods, dining, shopping, entertainment, and major commuter routes. Just minutes from Hollywood, Koreatown, Silver Lake, and Downtown LA, the property offers the connectivity and lifestyle today’s renters are actively seeking. Nearby freeway access and public transportation options make commuting throughout the city simple and efficient. Whether you’re looking to expand your portfolio, reposition an asset, or secure a generational investment in a prime Los Angeles location, 1115 N. Madison Ave is a standout opportunity with character, flexibility, and long-term potential.

Highlights

Listed by Wayne Wong , 3234400716 and KATHERINE CURRENT , 626-872-2207 eXp Realty of Greater Los Angeles , 888-652-1314. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.25

Year Built

1930

County

Los Angeles

Area

699 - Not Defined

Listing ID

CV26099977

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:9
  • Bathrooms:8
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Other:All Bedrooms Down
Other:Public

Exterior Features

Lot:2-5 Units/Acre,No Land Lease
Garage Capacity:0
Others:2+ Total Units
Sewer:Public Sewer
Parking Features:Driveway,On Site,One Space
Principal Interest
$6,894
Taxes
$873

Home Price

$1,370,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$274,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,893.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,893.62 $873.38 $0.00 $7,767.00
Yearly $82,723.48 $10,480.50 $0.00 $93,203.98
Total $2,481,704.43 $314,415.00 $0.00 $2,796,119.43

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Current Listings

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Aug 2026

Average Price

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Aug 2026

Average Days on Market

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Aug 2026
Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T14:37:52.000Z

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