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$1,999,000   Price Analysis
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1115 N Madison Ave
Los Angeles, CA 90029
9 bed 8 bath 3,416 SqFt ($585/SqFt)
0.25 acre lot. Built 1930
Listed 2024-03-27, Taxes $4,091
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Check out this quadruplex that's a fantastic investment.

This quadruplex offers stable income with no vacancies with potential of higher rental yields. Location is prime and because of it's strategic location, it can offer more than appreciation.

Each unit is separate with 3 units being 2 bed and 2 baths and the 4 th unit being a 3 bedroom and 2 bath. Fr showings, please see private remarks. Please submit proof of funds or approval letter prior to showings.


Presented by Athelle Singson at
NTMR Holdings Inc.


Property MLS #RS24059515 from CRMLS

Bedrooms: 9
Bedrooms On Main Level: 9

Total Bathrooms: 8
Full Bathrooms: 8
Bathrooms On Main Level: 8

All Bedrooms Down

Laundry Features: Common Area

Cooling Features: Central Air

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.2455
Lot Size Source: Assessor
Lot Size Square Feet: 10694

Parking Features: Parking YN: Yes, Parking Features: Assigned

View: Neighborhood

Number of Units: 4

School District: Los Angeles Unified

Lockwood Avenue Elementary School is a public elementary school located approximately 0.2 miles away.
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Thomas Starr King Middle School is a public middle school located approximately 0.6 miles away.
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John Marshall Senior High School is a public high school located approximately 1.3 miles away.
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Canyon Oaks School is a private high school located approximately 0.4 miles away.
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Calculated Total Monthly Association Fees: 0

Community Features: Sidewalks

Source Listing Status: Active
County: Los Angeles
Directions: on N MADISON
Source Property Type: Residential
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Parcel Number: 5542029026
Postal Code Plus 4: 1807
Zoning: LAC2
Property Subtype: Quadruplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$87,838 + $204,986
$292,824
$4,091
2021$86,116 + $200,967
$287,083
$4,026
2020$85,233 + $198,907
$284,140
$4,057
2019$83,562 + $195,007
$278,569
$3,918
2018$81,924 + $191,184
$273,108
$3,751
2017$80,318 + $187,436
$267,754
$3,676
2016$78,744 + $183,761
$262,505
$3,559
2015$77,562 + $181,001
$258,563
$3,512
2014$76,043 + $177,456
$253,499
$3,552
2013$75,700 + $176,654
$252,354
$3,552
2012$74,216 + $173,191
$247,407
$3,598
2010$72,761 + $169,796
$242,557
$3,542
2009$72,390 + $168,928
$241,318
$3,421
2009$72,218 + $168,527
$240,745
$3,421
2008$70,971 + $165,616
$236,587
$3,291
2007$69,580 + $162,369
$231,949
$3,176

Listed 2024-03-27
$1,999,000
CRMLS
Sold 1983-10-11
$150,000
Public Record

Total Square Feet Living: 3416
Year Built: 1930
Common Walls: No Common Walls
Entry Level: 4
Entry Location: 4
Living Area Source: Assessor
Property Age: 94
Levels or Stories: One
Building Total Stories: 1
Structure Type: Quadruplex
Year Built Source: Appraiser

Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.