# 128 S Madison Ave, Los Angeles, CA 90004

> **TL;DR:** 3bd/2ba single family, $1,249,000 ($946/sqft), built 1948, 1,320 sqft.
> Fireplace, A/C. Est. $5,412/mo. Listed 23 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,249,000 |
| Price/sqft | $946 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,320 |
| Year Built | 1948 |
| Lot Size | 6,242 sqft (0.14 acres) |
| Stories | 1 |
| Property Type | Single Family (Single Family Residence) |
| Status | For Sale |
| Days on Market | 23 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,412 |
| **Total** | **$5,412** |

## Key Amenities

- Fireplace
- A/C

## Property Highlights

- Built in 1948
- 0.14 acre lot
- 2 parking spaces
- Fireplace

## Description

### Agent Description
Welcome to 128 S Madison Ave, a rare opportunity in the heart of Mid-Wilshire offering both immediate livability and exceptional future upside. This charming 3-bedroom, 2-bathroom home spans approximately 1,320 square feet and sits on a R3 prime lot in one of Los Angeles' most sought-after neighborhoods. The existing residence features a functional layout with ample natural light, comfortable living spaces, and strong rental or owner-user potential. Whether you're looking to move in, lease out, or hold as an investment, the property provides flexibility and value from day one. In addition to the main residence, there is a detached guest house in the rear, ideal for use as a home office, guest suite, or potential income-producing unit, adding flexibility and value to the property. A standout feature of this offering is that plans have already been submitted to the city for the development of a 9-unit, 3-story building, currently in the process of approval. This presents a rare opportunity for investors and developers to acquire a property with significant future development potential while generating income in the interim. Ideally located near Silver Lake, Downtown Los Angeles, and the vibrant Mid-Wilshire corridor, the property offers convenient access to shopping, dining, entertainment, and major employment hubs. Perfect for investors, developers, or end-users seeking long-term upside in a prime central location this is a property with both present value and future potential.

## Location

- **Address:** 128 S Madison Ave, Los Angeles, CA 90004
- **County:** Los Angeles
- **Coordinates:** 34.072541, -118.288664
- **Google Maps:** https://www.google.com/maps?q=34.072541,-118.288664

## Listing Agent

- **Name:** Arash Pashaei
- **Brokerage:** Keller Williams Beverly Hills
- **Phone:** 3104029161
- **Email:** arash.pashaei@gmail.com

## Primary Photo

![128 S Madison Ave - Primary Photo](http://lh.rdcpix.com/0bafad7d7b541e95f07547c7e7c83ae3l-f2416313253r.jpg)

*15 total photos available on [listing page](https://www.propertysimple.com/listing/128-s-madison-ave-los-angeles-ca-90004-26665323)*

---

**MLS#:** 26665323 | **Updated:** 2026-04-25
**Source:** listhub

*Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/128-s-madison-ave-los-angeles-ca-90004-26665323)

---

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