CA > Los Angeles
Los Angeles, CA 90004,128 S Madison Avenue
Los Angeles, CA 90004,128 S Madison Avenue
Los Angeles, CA 90004,128 S Madison Avenue
Los Angeles, CA 90004,128 S Madison Avenue
Los Angeles, CA 90004,128 S Madison Avenue
Los Angeles, CA 90004,128 S Madison Avenue
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Jesus Lopez Larios

Jesus Lopez Larios

eXp Realty

+1(916) 937-3241
$ 1,499,000
Est. payment | /mo

16 Beds

16 Baths

12,600 SqFt

Save
$ 1,499,000
Est. payment | /mo
Save

16 Beds

16 Baths

12,600 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 12,600 sqft

Price per Sqft $118

MLS Listing ID CL25529221

Bedrooms 16

Full Baths 16

HOA Y/N No

Year Built 1948

Lot Size 6,242 Sqft

Acres 0.1433

Property Sub-Type Single Family Residence

Property Description

Amazing Development Opportunity in Prime Mid-Wilshire area Adjacent to Silver Lake. This exceptional investment opportunity comes with submitted plans for a 13-unit apartment building allowing a savvy investor or developer to save money and time on acquiring the RTI plans. The architectural plans feature 10 spacious 1-bed/1-bath units, 3 premium 2-bed/2-bath units, and 2 recreation rooms, with a total Gross Building Area of 12,600 sqft and Gross Living Area of 7,700 sqft. Additionally, the project qualifies for both the ED1 and CHIP offering significant time and cost-saving development benefits. All the architectural and engineering fees have been paid. The house is currently furnished and rented on month to month basis colleting approximately $4000/month. It can be delivered both vacant or with tenant, allowing an investor to collect rent while working toward RTI. Located just moments from Metro stations, vibrant nightlife, dining, and cultural landmarks, this property sits in one of L.A.'s strongest rental markets.

Location

State CA

County Los Angeles

Zoning LAR3

Rooms

Other Rooms Guest House

Interior

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Type None

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Refrigerator

Laundry Dryer, Washer

Exterior

Pool None

View Y/N false

View None

Private Pool false

Building

Story 1

Level or Stories One Story

New Construction No

Others

Tax ID 5501015021

Bridge MLS
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Arash Pashaei • Keller Williams Beverly Hills
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(916) 937-3241

jesus@novusagents.com

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128 S Madison Avenue