Property Details
About this Property
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.
MLS Listing Information
MLS #
CRBB26023598
MLS Source
California Regional MLS
Days on Site
8
Interior Features
Cooling
Window/Wall Unit
Exterior Features
Pool
None
Parking, School, and Other Information
Garage/Parking
Garage: 2 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | – | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1137 N Madison is a Residential Income in Los Angeles, CA 90029. This – square foot property sits on a 12,209 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,495,000 and was built in 1907. This address can also be written as 1137 N Madison, Los Angeles, CA 90029.
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This listing information is up-to-date as of February 03, 2026. For the most current information, please contact Noela Kim
