$1,295,000
-$200,0001137 N Madison Avenue, Los Angeles CA 90029
Multi-Family (Fourplex)
Property type
123 days
On market
$352
Price per sqft
2 cars
Garage
1907
Year built
12,209 sqft
Lot size
Open Houses
Overview
Welcome to 1137 N Madison Ave, a rare and versatile property offering exceptional potential investment. The location of the property offers many advantages for potential investments and builds. The 1137 residence is a two-story single-family home featuring three bedrooms, one bathroom, and an additional water closet. 1137½ is a detached, single-story home with two bedrooms...
Listing provided by: Noela Kim DRE #02177870, Keller Williams Realty World Media Center
Listing updated: Mar 23, 2026 at 09:18pm.
Last checked: Jun 5, 2026 at 07:31pm
Source: CRMLS #BB26023598
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 3 | 1 | — | $1,441 | $1,441 | $0 | Unfurnished |
| 1 | 2 | 1 | — | $1,527 | $1,527 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $1,514 | $1,514 | $0 | Unfurnished |
| 1 | 1 | 1 | — | $1,418 | $1,418 | $0 | Unfurnished |
# of Buildings: 3
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
19.6x
List Price / Annual Gross Rent
Cap Rate
4.01%
NOI / List Price
Gross Scheduled Income: $66,123
Operating Expense: $14,212
Net Operating Income: $51,920
Annual Operating Expenses
Insurance: $3,322
Maintenance: $5,000
Trash: $1,350
Water / Sewer: $1,350
Other Expense: $1,200
Interior
Cooling: Wall Window Units
Fireplace: None
Laundry: Washer Hookup, Electric Dryer Hookup
Entry Location: Living Room
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: One Common Wall
Lot Features: Back Yard, Front Yard, Rectangular Lot
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 2
Uncovered Spaces: 4
Parking Total: 6
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5542029031
Additional Parcels: No
Tax Lot: 26
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Park
Nearby Schools
Nearby schools around the 1137 N Madison Avenue, Los Angeles, CA 90029. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,036,000
Total Interest
$1,321,361
Total Payment
$2,357,361
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$8,047
per month
Property History for 1137 N Madison Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90029.
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