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Listed by Wayne Wong • eXp Realty of Greater Los Angeles
$1,599,000
Est. payment /mo
3,416 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,416 sqft
Price per Sqft $468
MLS Listing ID CV-26099977
Year Built 1930
Lot Size 10,694 Sqft
Property Sub-Type Quadruplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
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.
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
Interior
Laundry Common Area
Exterior
Parking Features On Site, Parking Space, Driveway
Pool None
Community Features Sidewalks
View Y/N No
View None
Building
Lot Description 2-5 Units/Acre
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900