1137 N Madison Avenue, Los Angeles, CA 90029

Quadruplex · For sale · $1,295,000 · MLS# BB26023598

Quadruplex for sale in Southern California — $1,295,000. 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 i…

1137 N Madison Avenue
For sale

$1,295,000

1137 N Madison Avenue, Los Angeles, CA 90029

QuadruplexProperty type
1907Year built
0.28 acresLot size
HOA
2 spacesGarage
6 spacesTotal parking

Facts & features

Interior

Cooling

  • Cooling: Wall Window Units

Appliances

  • Laundry: Washer Hookup, Electric Dryer Hookup

Property

Parking

  • Total parking spaces: 6
  • Garage spaces: 2

Lot

  • Lot size: 0.28 acres

Features

  • Pool features: None

Construction

Type & style

  • Home type: Quadruplex
  • Property subtype: Quadruplex

Condition

  • Year built: 1907

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 166 days
  • Status: Active
  • MLS#: BB26023598

Location

  • City: Los Angeles
  • ZIP: 90029

About this home

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.

Listing updated: March 23, 2026 at 2:18 PM

Listed by: Noela Kim, Keller Williams Realty World Media Center

Source: CRMLS, MLS#: BB26023598, Originating MLS: California Regional MLS

Location

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Los Angeles

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Facts & features

Interior

Cooling

  • Cooling: Wall Window Units

Appliances

  • Laundry: Washer Hookup, Electric Dryer Hookup

Property

Parking

  • Total parking spaces: 6
  • Garage spaces: 2

Lot

  • Lot size: 0.28 acres

Features

  • Pool features: None

Construction

Type & style

  • Home type: Quadruplex
  • Property subtype: Quadruplex

Condition

  • Year built: 1907

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 166 days
  • Status: Active
  • MLS#: BB26023598

Location

  • City: Los Angeles
  • ZIP: 90029

Price history

DateEventPrice
2/12/2026Source: CRMLS, #BB26023598Price change$1,295,000-13.4%
2/02/2026Source: CRMLS, #BB26023598Listed for sale$1,495,000
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-23 14:18:02 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information