1116 N Madison Ave

Los Angeles,CA 90029

$ 1150000

6 Beds

4 Baths

3268 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 3,268 sqft

Price per Sqft $351

MLS Listing ID 24-440335

Style Traditional

Bedrooms 6

Year Built 1905

Lot Size 7,709 Sqft

Acres 0.177

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.

Location

State CA

County Los Angeles

Area Silver Lake - Echo Park

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment None

Exterior

Garage Assigned, Garage - 4+ Car, Garage Is Detached

Garage Spaces 4.0

Building

Lot Description Fenced Yard

Story 2

Architectural Style Traditional

Level or Stories Two

Others

Special Listing Condition Standard

View More
Favorite Go Tour