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1158 North Madison Avenue, Los Angeles, CA 90029

$1,499,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 7 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

This is a well-maintained 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 Ave.

Full Property Details for 1158 North Madison Avenue

  • Price: $1,499,000
  • Status: Active
  • Type: Multi-Family
  • MLS ID: 817001897
  • Updated: 9/17/2017
  • Added: 8 day(s) ago

Property History

  • 1158 North Madison Avenue, Los Angeles, CA
  • Listed at $1,499,000 on 9/17/17

Interior

  • Flooring: Carpet, Hardwood

Parking

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

Location

  • 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

Utilities

  • # 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.: $390.36
  • 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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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.

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

In the Community

Nearby Schools

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 $1,499,000 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