1137 N Madison Ave , Los Angeles, CA 90029
$1,295,000
Est. Payment: $6,516.24/mo
7 Bed
4 Bath
0 Sqft
Status: active | Days on site: 188
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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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. 1137 is a detached, single-story home with two bedrooms and one bathroom. 1139 and 1139 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 Hollywoodareas 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. San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

Lot/Acreage
0.28

County

Los Angeles

Listing ID

BB26023598

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:4
  • Full Bathrooms:
Air Cond:Wall/Window
Fireplaces:

Exterior Features

Zoning:Seller
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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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.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS.

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Data last updated: 2026-08-08T18:20:09.000Z

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