LKV Realty
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$1,295,000
$6,000Reward *
1137 N Madison Avenue, Los Angeles, CA 90029Listing ID BB26023598

1137 N Madison Avenue, Los Angeles, CA 90029

Active
Time on site: 193 daysLast updated: Mar 23, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Quadruplex
Square Feet
Square Feet
3,678
Acres
Acres
0.28
Days on Site
Days on Site
189
Cooling
Cooling
Wall/Window Unit(s)
Year Built
Year Built
1907
Garages
Garages
2

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.

Property Information

Property Details

Location

Address
1137 N Madison Avenue
County
Los Angeles
City
Los Angeles
Zip Code
90029
MLS Area
C21 - Silver Lake - Echo Park

Interior Features

Other Rooms

Laundry Features
Washer Hookup, Electric Dryer Hookup

Building

Building Information

Square Feet
3,678
Year Built
1907

Financial

Special Conditions
Standard
Noela KimKeller Williams Realty World Media Center, (818) 239-3500

Market Report for 90029

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

BB42913