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$ 1,995,000
Est. payment | /mo
7 Beds
4 Baths
0.28 Acres Lot
$ 1,995,000
Est. payment | /mo
7 Beds
4 Baths
0.28 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25087295
Bedrooms 7
HOA Y/N No
Lot Size 0.280 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Great potential for low income housing developers or investor income property potential! Welcome to 1137 N Madison Ave offering a wonderful investment opportunity. This property includes four separate addresses (1137, 1137 , 1139, and 1139 ). 1137 has is 2-story single resident home offering 3 bedrooms and 1 bath plus a water closet. 1137 is a single-family, single-story home with 2 bedrooms and 1 bath. 1139 and 1139 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 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.
Great potential for low income housing developers or investor income property potential! Welcome to 1137 N Madison Ave offering a wonderful investment opportunity. This property includes four separate addresses (1137, 1137 , 1139, and 1139 ). 1137 has is 2-story single resident home offering 3 bedrooms and 1 bath plus a water closet. 1137 is a single-family, single-story home with 2 bedrooms and 1 bath. 1139 and 1139 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 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.
Great potential for low income housing developers or investor income property potential! Welcome to 1137 N Madison Ave offering a wonderful investment opportunity. This property includes four separate addresses (1137, 1137 , 1139, and 1139 ). 1137 has is 2-story single resident home offering 3 bedrooms and 1 bath plus a water closet. 1137 is a single-family, single-story home with 2 bedrooms and 1 bath. 1139 and 1139 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 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.
Location
State CA
County Los Angeles
Area Los Angeles (90029)
Zoning Assessor
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $63
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,386
Listing Terms Cash, Conventional, Exchange
Listed by Noela Kim • Keller Williams Realty World Media Center