15 days on rocket

1137 N Madison Ave, Los Angeles, CA, 90029

$2,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1137 N Madison Ave, Los Angeles$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingDoor-Multi, Garage
Garage2 spaces
Year Built1907
CoolingWall/Window Unit(s)
FireplaceNone
MLS #BB24085737
Lot Size0.28 Acres
StatusActive

About 1137 N Madison Ave

Welcome to 1137 N Madison Ave offering a wonderful investment opportunity. This quadruplex offers 7 bedrooms and 4 bathrooms. The first unit is a 2 story single resident home offering 3 bedrooms and 1 bath. The second unit is a single family, single story home with 2 bedrooms and 1 bath. The third and fourth unit is a single story duplex with 1 bedroom and 1 bathroom, 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 strategic location is a short drive away from the sought after downtown LA, Echo Park, Los Feliz and West Hollywood area. This property offers a great investment opportunity and lots of potential.

Property Details

Property Features

Property Information:

  • Year Built: 1907
  • Stories: 2

Listing Office:

  • Office Name: Keller Williams Realty World Media Center
  • Office Phone: (818) 813-1361
  • Listing Agent: Noela Kim

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Cooling: Wall/Window Unit(s)

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: Between Santa Monica BLVD and Lexington AVE

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000

Tax Information:

  • Annual Amount: $1,914
  • Tax Year: 2021
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Housing Market Comparison

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

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

1137 N Madison Ave vs Los Angeles

15 DAYS ON ROCKET

-19 Days

$2,500,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #BB24085737

Listing Office:

  • Office Name: Keller Williams Realty World Media Center
  • Office Phone: (818) 813-1361
  • Listing Agent: Noela Kim

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: 5/15/2024, 3:20:46 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$1,914$101,025
2020$1,873$99,594
2019$1,680$97,642
2018$1,652$95,728
2017$1,652$93,852

History based on county public records data.

Payment Calculator

$12.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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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-1522277
4
/10

  • Lockwood Avenue Elementary School

  • 4345 Lockwood Ave

  • 0.26 miles

  • Public District Grades KG-6

school-card-donut-1522278
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 3.23 miles

  • Public Magnet Grades KG-6

school-card-donut-1522279
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.37 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-1522280
6
/10

  • Thomas Starr King Middle School Film and Media Mag

  • 4201 Fountain Ave

  • 0.62 miles

  • Public Magnet Grades 6-8

school-card-donut-1522281
4
/10

  • Studio

  • 2211 W Avenue 30

  • 3.16 miles

  • Public District Grades 6-8

High School

school-card-donut-1522282
8
/10

  • John Marshall Senior High School

  • 3939 Tracy St

  • 1.30 miles

  • Public Magnet Grades 9-12

school-card-donut-1522283
8
/10

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

  • 456 S Mathews St

  • 5.83 miles

  • Public Magnet Grades 9-12

school-card-donut-1522284
7
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 13.93 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 most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90029›1137 N Madison Ave

This home is located at 1137 N Madison Ave in Los Angeles, CA and zip code 90029 in the Central LA neighborhood. This home, which was built in 1907, sits on a 0.28 acre lot. It has been listed on Rocket Homes since April 30, 2024 and is currently priced at $2,500,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of homes for sale in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

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

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