1115 North Madison, Los Angeles, CA 90029

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List Price
$1,370,000
Price Change
▼ $229,000 1785541306
Status
PENDING
MLS#
CV-26099977
Year Built
1930
Living Sq. Ft
3,416
Lot Size
10,694
Days on Market
91
Property Type
Multifamily
Stories
1

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

Land Lease Type
Fee
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None
Parking
Parking Space, On Site

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Listing courtesy of eXp Realty of Greater Los Angeles.