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1158 North Madison Avenue, Los Angeles, CA 90029

$1,349,000 -$150,000 (-10.01%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
1158 North Madison Avenue, Los Angeles, CA 90029 View this property at 1158 North Madison Avenue, Los Angeles, CA 90029
1158 North Madison Avenue Los Angeles CA 90029

Property Description

HUGE PRICE REDUCTION!!! This is a centrally located quadruplex in Hollywood which provides a Super Opportunity to own as an investment property and, or, build multiple dwellings. A short walk to the Vermont/Santa Monica Subway Station with easy access to the 101, 110 and 5 Freeways to quickly get to Downtown LA, Burbank, Glendale and San Fernando Valley. Built in 1924, the property sits on a 7,720 square foot lot and has 3,840 rentable square feet. This convenient location is within very close proximity to Los Angeles City College, Braille Institute, Children's Hospital, Kaiser Permanente, Barnsdall Art Park, Griffith Park/Observatory and Greek Theatre, as well as Silverlake, Los Feliz Village, Virgil Village, and trendy restaurants and
social hangouts found on Hillhurst Ave and Vermont Av

Full Property Details for 1158 N Madison Avenue

  • Price: $1,349,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 817001897
  • Updated: 1/18/2018
  • Added: 127 day(s) ago

Property History

  • 1158 N Madison Avenue, Los Angeles, CA
  • Reduced to $1,349,000 on 1/18/18
  • Listed at $1,499,000 on 9/17/17


  • Flooring: Carpet, Hardwood


  • Parking Features: Uncovered
  • Parking Type: None
  • Parking: Uncovered


  • Area: Silver Lake - Echo Park (C21)
  • County: Other California County
  • Development Name: Silver Lake - Echo Park (C21)
  • Cross Streets: Lexington
  • Driving Directions: From the Vermont/Lexington intersection: Head East on Lexington Ave. turn right on Madison Ave. Property will be on your left.
  • Dist. to Beach: 20 (Miles)

School Information

  • School District: Los Angeles Unified
  • Elementary School: Lexington Avenue Primary Center
  • Middle School: Thomas Starr King Middle School

Heating & Cooling

  • Heating Type: Wall Heater


  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • # Buildings: 1
  • Common Walls: Attached
  • Stories/Levels: Two Level
  • Stories Description: Two Level
  • Square Feet: 3,840
  • Year Built: 1924

Unit Information

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.18
  • Lot Size Source: Public Records
  • Lot Dimensions: 154' x 50'
  • Alley: Y
  • Zoning: LARD1.5

Financial Considerations

  • Price Per Sq. Ft.: $351.3
  • Terms: Cash, Cash to New Loan

Disclosures and Reports

  • Legal Disclosures: Take Property As Is, Rent Control

Listed by Coldwell Banker Hallmark Realty, Donabed Donabedian - CA DRE: 01140325

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Schools serving 1158 N Madison Avenue

School District:
Los Angeles Unified School District
School Name
Lockwood Avenue Elementary School
4345 Lockwood Ave, Los Angeles, CA 90029
0.3 mi
Thomas Starr King Middle School
4201 Fountain Ave, Los Angeles, CA 90027
0.5 mi
Marshall Senior High School
3939 Tracy St, Los Angeles, CA 90027
1.3 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

Estimate the Cost

1158 North Madison Avenue will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

Get pre-approved to see if you qualify for properties in this budget.

*These costs are estimates, and the interest rates assume exceptional credit standing.

In the Community

1158 North Madison Avenue, Los Angeles, CA 90029 (MLS# 817001897) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 1158 North Madison Avenue is currently listed for $1,349,000 and was received on September 17, 2017. Want to learn more about 1158 North Madison Avenue? Do you have questions about finding other Multi-Family real estate for sale in Elysian Park? You can browse all Elysian Park real estate or contact a Coldwell Banker agent to request more information.

Listed by Coldwell Banker Hallmark Realty, Donabed Donabedian - CA DRE: 01140325