$10,000 Closing Credit¹
#DW24156385, Rickird Rey Ramirez, Listing Office: Ally Commercial Real Estate
#BB25087295·
Listing office: Keller Williams Realty World Media Center·
Listing agent: Noela Kim·
Listing office phone: 818-813-1361
$1,995,000 List price
1137 N Madison Ave Los Angeles, CA 90029
$10,000
Closing credit¹
0.3 acres
Multi-Family
Property details
About 1137 N Madison Ave
Great potential for low income housing developers or investor income property potential! Welcome to 1137 N Madison Ave offering a wonderful investment opportunity. This property includes four separate addresses (1137, 1137 ½, 1139, and 1139 ½). 1137 has is 2-story single resident home offering 3 bedrooms and 1 bath plus a water closet. 1137 ½ is a single-family, single-story home with 2 bedrooms and 1 bath. 1139 and 1139 ½ are within a duplex, each with 1 bedroom and 1 bathroom, and each with a single car garage for each unit. With a generous amount of land, the opportunities this property holds for future builds are endless. The property is located within ½ mile of the Vermont/Santa Monica transit station, and is currently zoned for TOC Tier 4, enabling possible advantages to prospective builders (buyer must exercise due diligence in determining all current zoning details and implications). The strategic location is a short drive away from the sought after downtown LA, Echo Park, Los Feliz and West Hollywood area and features a communal garden and park within 500 feet of the property. This property offers a great investment opportunity and lots of potential.
Highlights
Home typeQuadruplex
StatusActive
CoolingWall/Window Unit(s)
Lot size0.2803 Acres
Year built1907
MLS #BB25087295
Garage2 spaces
Summary
- MLS Number: BB25087295
- MLS Name: CRMLS
- Office Name: Keller Williams Realty World Media Center
- Office Phone: (818) 813-1361
- Listing Agent: Noela Kim
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/23/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,995,000
1137 N Madison Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $107,180 | $2,049 |
| 2023 | $105,087 | $2,023 |
| 2022 | $103,036 | $1,955 |
| 2021 | $101,025 | $1,914 |
| 2020 | $99,594 | $1,873 |
| 2019 | $97,642 | $1,680 |
| 2018 | $95,728 | $1,652 |
| 2017 | $93,852 | $1,652 |
History based on county public records data.
Nearby schools
4
Lockwood Avenue Elementary
Public District KG-6
0.2 mi
•4345 Lockwood Ave
3
Ramona Elementary
Public District KG-6
0.6 mi
•1133 N Mariposa Ave
7
Dayton Heights Elementary School
Public District KG-5
0.7 mi
•607 N Westmoreland Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,530. Most Los Angeles, CA residents have annual incomes less than $<35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
45%
<35k
38%
35k-100k
16%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
54%
Single, No Kids
13%
Single, with Kids
17%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
7%
12-17 yrs old
30%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Foot Locker
Burlington
Where do the neighbors go to eat?
Boston Market
Popeyes
Little Caesars
What do the neighbors drive?
Honda
Nissan
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$10,000 Closing Credit¹
#SR24213919, Guadalupe Ybarra, Listing Office: Keller Williams Realty Antelope Valley
$10,000 Closing Credit¹
#BB25058208, Elizabeth Maddox, Listing Office: Myunits.com Inc.
$10,000 Closing Credit¹
#IV25059642, KENDALL KEY, Listing Office: REALPRO EASTSIDE
$10,000 Closing Credit¹
#GD25008771, Juliet Tunyan, Listing Office: JohnHart Real Estate
$10,000 Closing Credit¹
#SR25082193, Christopher Martinez Diaz, Listing Office: Vinco Vinco Realty & Investments Inc
$10,000 Closing Credit¹
#WS25060015, Warren Tardif, Listing Office: TRAVIS ELY
$10,000 Closing Credit¹
#P1-21022, Patrick Cochran, Listing Office: Coldwell Banker Realty
$10,000 Closing Credit¹
#SR24220787, Mazdak Sarehkhani, Listing Office: Mazdak Sarehkhani
$10,000 Closing Credit¹
#SR25049634, Haik Bokhchalian, Listing Office: JohnHart Real Estate
This home is located at 1137 N Madison Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 22, 2025 and is currently priced at $1,995,000.
Over 302 listings were sold over their listed price in March 2025 in Los Angeles, CA. In the same period over 322 listings were sold below the listed price and 116 listings were sold for the listed price. The inventory of homes for sale in Los Angeles, CA between February and March 2025 increased by 13.7%. In March 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $940,937.
From Rocket Homes Real Estate and based on county public records data.