1115 N Madison, Los Angeles, CA 90029

$1,370,000

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List Price
$1,370,000
Price Change
▼ $229,000 1785541648
Status
ACTIVE
MLS#
CV26099977
Year Built
1930
Lot Size
10,694
Acres
0.25
Lot Location
2-5 Units/Acre
Days on Market
47
Property Type
Multifamily
Property Sub Type
Quadruplex
Stories
One Level

Property Description

BIG PRICE IMPROVEMENT OVER 200K! First time on the market in over 40 years, 1115 N. Madison Ave presents a rare opportunity to own a well-located 4-unit investment property in the heart of Los Angeles with tremendous upside potential. Each unit in this quadplex is its OWN SEPARATE STRUCTURE... the property offers a level of privacy and individuality rarely found in traditional multifamily properties. The unit mix consists of 3 units that are 2 beds & 2 baths and 1 unit that is 3 beds & 2 baths, creating strong rental appeal for a wide range of tenants. With generous layouts and standalone structures, the property is ideally positioned for both long-term hold investors and buyers looking to unlock future value through strategic improvements and rental growth. Situated in a highly central and convenient location, residents enjoy easy access to some of Los Angeles’ most popular neighborhoods, dining, shopping, entertainment, and major commuter routes. Just minutes from Hollywood, Koreatown, Silver Lake, and Downtown LA, the property offers the connectivity and lifestyle today’s renters are actively seeking. Nearby freeway access and public transportation options make commuting throughout the city simple and efficient. Whether you’re looking to expand your portfolio, reposition an asset, or secure a generational investment in a prime Los Angeles location, 1115 N. Madison Ave is a standout opportunity with character, flexibility, and long-term potential.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
Central Air
View
None
Sewer
Public Sewer
Water
Public
Interior Features
All Bedrooms Down
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$48,600

Listing courtesy of Listing Agent: Wayne Wong (wayne@netwrkre.com) from Listing Office: eXp Realty of Greater Los Angeles.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.