128 S Madison Avenue, Los Angeles, CA 90004

Local realty services provided by:Better Homes and Gardens Real Estate Wine Country Group
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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 10:33 AM

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

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
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