6 months on rocket

1137 N Madison Ave, Los Angeles, CA, 90029

$2,249,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

1137 N Madison Ave, Los Angeles$2,249,000

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
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 property includes four separate addresses (1137, 1137 ½, 1139, and 1139 ½). 1137 has is 2-story single resident home offering 3 bedrooms and 1 bath plus a water closet. 1137 ½ is a single-family, single-story home with 2 bedrooms and 1 bath. 1139 and 1139 ½ are within a duplex, each with 1 bedroom and 1 bathroom, and 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 property is located within ½ mile of the Vermont/Santa Monica transit station, and is currently zoned for TOC Tier 4, enabling possible advantages to prospective builders (buyer must exercise due diligence in determining all current zoning details and implications). The strategic location is a short drive away from the sought after downtown LA, Echo Park, Los Feliz and West Hollywood area and features a communal garden and park within 500 feet of the property. 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)

Other

Directions Information:

  • Directions: Between Santa Monica BLVD and Lexington AVE

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,249,000

Tax Information:

  • Annual Amount: $1,914
  • 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

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1137 N Madison Ave vs Los Angeles

209 DAYS ON ROCKET

+171 Days

$2,249,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M 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: 11/25/2024, 7:20:57 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

$11.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,809

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.

Nearby Schools

school-card-donut-1460067
4
/10

  • Lockwood Avenue Elementary

  • 4345 Lockwood Ave

  • 0.20 miles

  • Public District Grades KG-6

school-card-donut-1460068
3
/10

  • Ramona Elementary

  • 1133 N Mariposa Ave

  • 0.57 miles

  • Public District Grades KG-6

school-card-donut-1460069
7
/10

  • Dayton Heights Elementary School

  • 607 N Westmoreland Ave

  • 0.70 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,530. The most common annual income of people living in Los Angeles, CA is less than $35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

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 $2,249,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. In October 2024 in Los Angeles, CA there were 11.2% more homes for sale than in September 2024. In October 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,023,474.

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

More Resources