128 S Madison Avenue, Los Angeles, CA 90004

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128 S Madison Avenue,Los Angeles, CA 90004
$1,399,000
  • 16 Beds
  • 16 Baths
  • 12,600 sq. ft.
  • Single family
  • Active
Listed by:arash pashaei
Office:keller williams beverly hills
MLS#:25571205
Source:CRMLS

Price summary

  • Price:$1,399,000
  • Price per sq. ft.:$111.03

About this home

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

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Home facts

  • Year built:1948
  • Listing Id #:25571205
  • Added:28 day(s) ago
  • Updated:August 27, 2025 at 01:23 PM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:16
  • Full bathrooms:16
  • Living area:12,600 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Year built:1948
  • Building area:12,600 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$1,399,000
  • Price per sq. ft.:$111.03
Based on information from California Regional Multiple Listing Service, Inc. as of August 27, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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