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1137 N Madison Avenue

Los Angeles, CA 90029
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Bed 7

Bed

Bath 4

Bath

SqFt3,678

Sqft

SqFt12,209

Sqft(Lot)

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 d evelopment 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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,295,000

AD Id : 74902743

MLS Id : BB26023598

Beds : 7

Lot Size : 12,209 Sqft

Living Area Size : 3,678

Year Built : 1907

Garage : 2

County : Los Angeles

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Feature Features

  • Heating & Cooling

    Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1907
    Building Area Total: 3678
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 12209 Lot Size Acres: 0.2803 Lot Size Source: Assessor Lot Size Square Feet: 12,209 Lot Description: Back Yard,Front Yard,Rectangular Lot

  • Listing Price Information

    Listing Price: $1295000
    Original Price: $1495000
    Cash, Cash to New Loan, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: 5542029031 Tax Lot: 26

  • Parking Information

    Parking Total: 6

    Garage Information

    Has Garage: Yes Garage Space: 2

  • Location Information

    Direction: Between Santa Monica BLVD and Lexington AVE WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1123 N Alexandria, Los Angeles, CA, 90029 $1,750,000 7 -- --
4563 4565 Lexington, Los Angeles, CA, 90029 $999,000 4 3 --
4563 4565 Lexington, Los Angeles, CA, 90029 $999,000 4 3 1,600 1,600 SqFt
1115 N Madison, Los Angeles, CA, 90029 $1,370,000 9 8 --
4920 4922 W Fountain Av.., Los Angeles, CA, 90029 $1,499,000 3 -- 1,656 1,656 SqFt
1010 N Alexandria Avenue, Los Angeles, CA, 90029 $900,000 4 2 1,857 1,857 SqFt
800 N Hobart, Los Angeles, CA, 90029 $1,300,000 4 3 2,142 2,142 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/14/2026 @ 12:19

MLS: BB26023598 LISTED BY: Noela Kim, Keller Williams Realty World Media Center 818-239-3500 SOURCE: CRMLS

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