UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26099977
HOA Y/N No
Year Built 1930
Lot Size 10,693 Sqft
Property Sub-Type Quadruplex
Property Description
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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Interior Features All Bedrooms Down
Cooling Central Air
Fireplace No
Laundry Common Area
Exterior
Parking Features Driveway, On Site, One Space
Pool None
Community Features Sidewalks
View Y/N No
View None
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5542029026
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
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