1 month on rocket

1115 N Madison Ave, Los Angeles, CA, 90029

$1,999,000

Home List Price

$10,000*

Closing Credit

9 Bedrooms
8 Full Baths
3,416 SqFt
$585/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1115 N Madison Ave, Los Angeles$1,999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingAssigned
Year Built1930
CoolingCentral Air
FireplaceNone
ViewNeighborhood
MLS #RS24059515
Lot Size0.25 Acres
StatusActive

About 1115 N Madison Ave

Check out this quadruplex that's a very great investment. This quadruplex offers stable income with no vacancies with potential of higher rental yields. Location is prime and because of it's strategic location, it can offer more than appreciation. Each unit is separate with 3 units being 2 bed and 2 baths and the 4th unit being a 3 bedroom and 2 bath. For showings, please see private remarks. Please submit proof of funds or approval letter prior to showings.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Stories: 1
  • Living Area: 3,416 SqFt

Listing Office:

  • Office Name: NTMR Holdings Inc.
  • Office Email: diamondsingson@gmail.com
  • Listing Agent: Athelle Singson

Interior Features

Interior Information:

  • Interior: All Bedrooms Down
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 8
  • Total Bedroom Count: 9

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Neighborhood

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.25 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

School Info

Assigned Schools Information:

  • John Marshall Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Thomas Starr King Middle School Film and Media Mag, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Lockwood Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: on N MADISON

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,000
  • Price Per SqFt: $585/SqFt

Tax Information:

  • Annual Amount: $4,026
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

1115 N Madison Ave vs Los Angeles

32 DAYS ON ROCKET

-2 Days

$1,999,000

+$1.0M More

$585/SqFt

-$43 Less

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price and $43/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #RS24059515

Listing Office:

  • Office Name: NTMR Holdings Inc.
  • Office Email: diamondsingson@gmail.com
  • Listing Agent: Athelle Singson

IDX 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: 4/29/2024, 6:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,026$287,083
2020$3,918$284,140
2019$3,751$278,569
2018$3,676$273,108
2017$3,676$267,754

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,060

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3264653
4
/10

  • Lockwood Avenue Elementary School

  • 4345 Lockwood Ave

  • 0.22 miles

  • Public District Grades KG-6

school-card-donut-3264654
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.22 miles

  • Public Magnet Grades KG-6

school-card-donut-3264655
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.39 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-3264656
6
/10

  • Thomas Starr King Middle School Film and Media Mag

  • 4201 Fountain Ave

  • 0.64 miles

  • Public Magnet Grades 6-8

school-card-donut-3264657
4
/10

  • Studio

  • 2211 W Avenue 30

  • 3.18 miles

  • Public District Grades 6-8

High School

school-card-donut-3264658
7
/10

  • John Marshall Senior High School

  • 3939 Tracy St

  • 1.34 miles

  • Public Magnet Grades 9-12

school-card-donut-3264659
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 5.80 miles

  • Public Magnet Grades 9-12

school-card-donut-3264660
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.96 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,530. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90029›1115 N Madison Ave

This home is located at 1115 N Madison Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This 3,416 square foot home, which was built in 1930, sits on a 0.25 acre lot. Features: 9 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $1,999,000.

In March 2024, from all listings sold in Los Angeles, CA there were more than 628 sold above asking price, over 579 sold below and more than 196 were sold right at the asked price. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.

From Rocket Homes Real Estate and based on county public records data.

More Resources