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About This Home

This 7-bedroom, 4-bathroom multi-family at 1137 N Madison Avenue in Los Angeles, CA is listed for $1,295,000 ($352 per sqft). Built in 1907, the home offers 3,678 sqft of living space on a 0.28 acres lot.

Agent Description

Welcome to 1137 N Madison Ave, a rare and versatile property offering exceptional potential investment.

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).

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.

Key Features

  • Built in 1907
  • 0.28 acre lot
  • 2 stories
  • 6 parking spaces

Property Details

2 stories
4 full
6 spaces
1907

Monthly Cost Estimate

$6,926/mo

20% down · 6.5% · 30 years

Principal$937
Interest$5,612
Insurance$378

Estimates only. Actual payments may vary.

Location

1137 N Madison Avenue

Los Angeles, CA 90029

Features & Amenities

Exterior Features

Community Features Included: ParkRectangular LotFront YardBack Yard

Property Details

Cooling

Multi UnitsWall/Window Unit(s)Window Unit(s)

Questions & Answers

This 7-bedroom, 4-bathroom multi-family at 1137 N Madison Avenue is listed at $1,295,000 ($352/sqft). The estimated monthly payment is $5,612 based on 20% down at 6.5% interest.

Key features include: Built in 1907, 0.28 acre lot, 2 stories, 6 parking spaces. Exterior Features: Community Features Included: Park, Rectangular Lot, Front Yard.

This property is listed by Noela Kim and can be reached at 8188131361 or Soldbynoela@gmail.com.

NK

Noela Kim

Agent at Keller Williams Realty World Media Center

(818) 813-1361

Listed by Keller Williams Realty World Media Center · View on Broker Site

MLS# BB26023598· Source: listhub· Updated 119 days ago

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1137 N Madison Avenue, Los Angeles, CA 90029

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