1115 N Madison
Property Description
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 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.
Broker Details
eXp Realty of Greater Los Angeles, Inc (888) 584-9427
MLS ID: CV46254 State License Number: 01995657
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $1,370,000 |
| No. of Units: | 4 |
| Year Built: | 1930 |
| Opportunity Zone: | No |
| Price per unit: | $342,500 |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 8 |
ID: 3yd-MRMLSCA-CV26099977
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