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For sale
  • Listed by: eXp Realty of Greater Los Angeles • Wayne Wong • Contact: 323-440-0716
    $1,599,000

    1115 N Madison Ave, Los Angeles, CA 90029

    36beds
    32baths
    3,416sqft
    : 
    $10,628/mo
    Get pre-qualified
    Quadruplex
    Built in 1930
    -- sqft lot
    $1,553,400 Zestimate®
    $468/sqft
    $-- HOA

    What's special

    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
    |
    140
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Wayne Wong DRE #01995657 323-440-0716,

    eXp Realty of Greater Los Angeles,

    KATHERINE CURRENT DRE #00961658,

    KW Executive

    Source: CRMLS,MLS#: CV26099977MLS LogoOriginating 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
      • Total actual rent: 48600

        Estimated market value

        $1,553,400

        $1.48M - $1.63M

        $2,555/mo

        Price history

        DateEventPrice
        6/17/2026Listed for sale$1,599,000$468/sqft
        Source: CRMLS #CV26099977 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,482 +3.2%$310,743 +2%
        2024$4,341 +1.7%$304,651 +2%
        2023$4,268 +4.3%$298,679 +2%
        2022$4,091 +1.6%$292,824 +2%
        2021$4,026 -0.8%$287,083 +1%
        2020$4,057 $284,140 +2%
        2019$4,057 +8.1%$278,569 +2%
        2018$3,752 $273,108 +2%
        2017$3,752 +2.1%$267,754 +2%
        2016$3,676 +3.3%$262,505 +1.5%
        2015$3,559 +0.2%$258,563 +2%
        2014$3,552 $253,499 +2.5%
        2012-- $247,407 +2.5%
        2009-- $241,318 +2%
        2008-- $236,587 +2%
        2007-- $231,949 +2%
        2006-- $227,402 +4%
        2004-- $218,573 +3.9%
        2002-- $210,361
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Hollywood

        Getting around

        94 / 100
        Walker's Paradise
        71 / 100
        Excellent Transit
        67 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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