Property listed by eXp Realty of Greater Los Angeles, Wayne Wong 323-440-0716
$1,370,000
BIG PRICE IMPROVEMENT OVER 200K! 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… Read More 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. Read Less
Listing Snapshot
Days Online
107
Last Updated
Property Type
Quadruplex
Lot Size
0.25 Acres
Year Built
1930
MLS Number
CV26099977
Additional Details
Building
Built in 1930, 4 buildings, 1 storey, Levels: One, Entry level: 1, Entry location: front
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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