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Listed by Wayne Wong, DRE #01995657 • eXp Realty of Greater Los Angeles
$ 1,599,000
Est. payment | /mo
10,694 Sqft Lot
$ 1,599,000
Est. payment | /mo
10,694 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26099977
Year Built 1930
Lot Size 10,694 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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 generat
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Cooling Central AC
Laundry Laundry Area
Exterior
Parking Features Common Parking Area, Other, Parking Area
Pool None
View None
Building
Story One Story
Water District - Public
Others
Tax ID 5542029026
Special Listing Condition Not Applicable
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