Active

1137 N Madison Avenue

Los Angeles, CA 90029
Mark as Favorite
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.

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

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

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Fireplace: None
  • Cooling Features

    Wall/Window Unit(s) Air Conditioning

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1907 Building Area Total: 3,678
  • Pool Features

    None

    Laundry Features

    Washer Hookup,Electric Dryer Hookup

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2803
  • Lot Size Source: Assessor Lot Size Square Feet: 12209

  • Listing Price Information

    Original List Price: 1,295,000 Listing Contract Date: 2026-01-30
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5542029031

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C21 - Silver Lake - Echo Park Directions: Between Santa Monica BLVD and Lexington AVE Source Property Type: Residential Income Area: C21 - Silver Lake - Echo Park Property SubType: Quadruplex
  • Building and Construction

    Property Age: 119 Common Walls: 1 Common Wall Structure Type: Quadruplex Year Built Source: Owner Entry Level: 1 Entry Location: Living Room Property Attached: Yes
Sell a home like this and save $77,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1180 Myra Avenue, Los Angeles, CA, 90029 $1,695,000 6 4 3,316 3,316 SqFt
1127 N Commonwealth Ave.., Los Angeles, CA, 90029 $1,300,000 3 1 962 962 SqFt
4563 4565 Lexington, Los Angeles, CA, 90029 $999,000 4 3 1,600 1,600 SqFt
1115 N Madison, Los Angeles, CA, 90029 $1,599,000 9 8 3,416 3,416 SqFt
4920 4922 W Fountain Av.., Los Angeles, CA, 90029 $1,499,000 3 -- 1,656 1,656 SqFt
955 N Normandie, Los Angeles, CA, 90029 $1,100,000 6 4 3,020 3,020 SqFt
800 N Hobart, Los Angeles, CA, 90029 $1,300,000 4 3 2,142 2,142 SqFt

Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 06/19/2026 @ 15:37

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

Homes around $1,295,000

Selling? Save $77,201 when you sell a home like this

Tour with a ByOwner Agent