1116 N Madison Avenue

Los Angeles, CA 90029

PRICE REDUCED

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-$130,000 (-10.16%)

$1,150,000

List Price

6

bed Beds

4

shower Baths

3,268 sqft

straighten / sqft

1905

calendar_month Built

Property Description

IT'S TIME...to take ownership of this terrific 4-unit investment property (single free-standing home + 3 units; 6 BR/4 bath total). IT'S TIME...for an actual non-fictional, no-hype, priced-to-sell, Silver Lake/Virgil Village adjacent, income producing property to hit the market. IT'S TIME...for an owner/user, investor OR experienced real estate guru to find a smooth opportunity in a neighborhood engaged with new development and exciting energy. IT'S TIME...for said owner/user OR guru to receive this investment property with two of the four units VACANT and ready to rent. IT'S TIME...to never worry again about a late charge for returning books back to the library (?!!) - simply lob them over the fence to the beautiful next-door Cahuenga Branch Public Library (a designated Historic-Cultural Monument listed on the National Register of Historic Places). IT'S TIME...for a (buyer) broker to work with another experienced (listing) broker where BOTH can enjoy the professional camaraderie of buying & selling real estate. IT'S TIME...for Fall, cooler weather, and a little elbow-grease + love to make this hard-to-find property your own piece of LA.

Listing Information

List Price $1,150,000
Status Active Under Contract
MLS 24440335
Type Residential Income
Year Built 1905
Lot Size 7,709
Structure Size 3,268
DOM 43
Courtesy Of Coldwell Banker Realty
Listing Agent Claudia Hipolito DRE#01138517

Interior Features

Total Bedroom
Bedrooms 6
Total Bathroom
Bathrooms 4

Exterior Information

Maps

Listing information courtesy of: Claudia Hipolito, Coldwell Banker Realty 323-697-2360. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 30th, 2024 at 12:10 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.