1137 N Madison, Los Angeles, CA 90029 - Photo 1 of 5, Los Angeles, CA
1 / 5
$1,495,000$1,295,000Reduced $200,000

1137 N Madison, Los Angeles, CA 90029

Keller Williams Realty World Media Center
MLS® BB26023598
7Beds
4Baths
0
101Days Listed

About This Property

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. 1137 is a detached, single-story home with two bedrooms and one bathroom. 1139 and 1139 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 Hollywoodareas 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.

Noela KimKeller Williams Realty World Media Center818-813-1361MLS® BB26023598

Property Location

Map

Property Details

Property Type
Res Income 2-4 Units
Bedrooms
7
Bathrooms
4
Building Area
0 Sqft
Living Area
0 sqft
Year Built
0
Status
Active
Days on Market
101
Cumulative Days on Market
51
Original Price
$1,495,000
MLS® Number
BB26023598

Location & Neighborhood

What's nearby 1137 N Madison, Los Angeles, CA 90029

Transit Access

POI data updated 2/2/2026

Price History

$1,295,000

Feb 24, 2026

$200,000

-13.4%

Original List Price

$1,495,000

Los Angeles Market Snapshot

3,027

Active Listings

$750K

Median Price

61

Avg Days on Market

Last updated: Mar 23, 2026

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. 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.

$1,295,000