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.
41 days
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140
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Zillow last checked:
Listing updated:
Listed by:
Wayne WongDRE #01995657323-440-0716,
eXp Realty of Greater Los Angeles,
KATHERINE CURRENTDRE #00961658,
KW Executive
Source: CRMLS,MLS#: CV26099977Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 36
Bathrooms: 32
Rooms
Room types: Bedroom
Bedroom
Features: All Bedrooms Down
Cooling
Central Air
Appliances
Laundry: Common Area
Features
All Bedrooms Down
Common walls with other units/homes: No Common Walls
Interior area
Total structure area: 3,416
Total interior livable area: 3,416 sqft
Property
Parking
Parking features: Driveway, On Site, One Space
Features
Levels: One
Stories: 1
Entry location: front
Pool features: None
Has view: Yes
View description: None
Lot
Size: 10,694 Square Feet
Features: 2-5 Units/Acre
Details
Parcel number: 5542029026
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Quadruplex
Condition
New construction: No
Year built: 1930
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Community
Features: Sidewalks
Location
Region: Los Angeles
Financial & listing details
Price per square foot: $468/sqft
Tax assessed value: $310,743
Annual tax amount: $4,482
Date on market: 6/17/2026
Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,1031 Exchange
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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