$ 1,495,000
-
$1,495,000
Price -
7
Bed -
4
Bath -
3,678
SqFt
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About the Listing BH5345029 - BB42913
Welcome to 1137 N Madison Ave, a rare and versatile property offering exceptional potential investment. 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). 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.
Listing Highlights
Status
Active
Days on Site
8
Property Type
Multi-Family
MLS ®
BB26023598
Year Built
1907
Total Square Footage
3,678
Lot/Acreage
0.28
County
Los Angeles
Interior Details
- Bedrooms: 7
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Back Yard,Front Yard,Rectangular Lot,No Land Lease
- Garage Capacity: 2 car
- Parking Spaces: 6
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5542029031
- Tax Year: N/A
Payment Calculator
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Questions About..
1137 N Madison Los Angeles, CA 90029
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