About 1137 N Madison
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.
Features of 1137 N Madison
| MLS® # | BB26023598 |
|---|---|
| Price | $1,495,000 |
| Bedrooms | 7 |
| Bathrooms | 4.00 |
| Lot Size | 12,209 |
| Year Built | 1907 |
| Type | Residential Income |
| Sub-Type | Quadruplex |
| Status | Active |
| # Of Units | 4 |
Community Information
| Address | 1137 N Madison |
|---|---|
| Area | C21 - Silver Lake - Echo Park |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90029 |
Amenities
| Parking Spaces | 6 |
|---|---|
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Cooling | Wall/Window Unit(s) |
|---|---|
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 2 |
Exterior
| Lot Description | Back Yard, Front Yard, Rectangular Lot |
|---|
Additional Information
| Date Listed | January 30th, 2026 |
|---|---|
| Days on Market | 6 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Noela Kim |
|---|---|
| Office | Keller Williams Realty World Media Center |