CA > Los Angeles
Los Angeles, CA 90004,128 S Madison Ave
Los Angeles, CA 90004,128 S Madison Ave
Los Angeles, CA 90004,128 S Madison Ave
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Kirshner Elkin Properties

Kirshner Elkin Properties

+1(424) 214-0133
$1,399,000
Est. payment /mo
16 Beds
16 Baths
12,600 SqFt
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UPDATED:

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 $111

MLS Listing ID 25571205

Style Contemporary Mediterranean

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

Area Mid-Wilshire

Zoning LAR3

Rooms

Other Rooms GuestHouse

Dining Room 0

Interior

Heating Central

Cooling Central

Flooring Laminate

Fireplaces Number 1

Fireplaces Type None

Equipment Microwave, Freezer, Garbage Disposal, Dishwasher, Dryer, Range/Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Parking Features Carport

Pool None

View Y/N No

View None

Building

Story 1

Architectural Style Contemporary Mediterranean

Level or Stories One

Others

Special Listing Condition Standard

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TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by Keller Williams Beverly Hills

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Kirshner Elkin Properties

+1(424) 214-0133

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