1137 N Madison Ave , Los Angeles, CA 90029
$1,295,000
Est. Payment: $6,516.24/mo
7 Bed
4 Bath
3678 Sqft
Status: active | Days on site: 49
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House Description

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.

Highlights

Listed by Noela Kim , 818-813-1361 Keller Williams Realty World Media Center , 818-239-3500. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.28

Year Built

1907

County

Los Angeles

Area

C21 - Silver Lake - Echo Park

Listing ID

BB26023598

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:4
  • Full Bathrooms:
Air Cond:Wall/Window Unit(s)
Fireplaces:
Other:Public

Exterior Features

Lot:Back Yard,Front Yard,Rectangular Lot,No Land Lease
Garage Capacity:6
Others:2+ Total Units
Sewer:Public Sewer
Principal Interest
$6,516
Taxes
$826

Home Price

$1,295,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$259,000
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:
$6,516.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,516.24 $825.56 $0.00 $7,341.80
Yearly $78,194.82 $9,906.75 $0.00 $88,101.57
Total $2,345,844.70 $297,202.50 $0.00 $2,643,047.20

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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Average Days on Market

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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: 2026-08-08T18:34:45.000Z

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