1005 N MADISON AVE Los Angeles CA 90029-2813

Madison Lofts / Creative Commercial

100% Leased - Los Angeles (Silver Lake / Virgil Village), CA

Asking Price: $4,650,000

Cap Rate: 6.3%

• 100% Leased creative commercial building, ideally located on the edge of Silver Lake in Virgil Village

• Seller recently invested $1M+- renovating the property to include new HVAC, plumbing, electrical, flooring, windows, lighting, doors and fixtures

• Each unit has a glass store-front entrance and private back entrance, kitchen hookups and private bathrooms

• Excellent Southern California location in the Silver Lake / Sunset Junction Submarket of Los Angeles, CA

• Steps away from Santa Monica Blvd in East Hollywood and on the edge of Silver Lake, Madison Lofts offers easy access to several popular local amenities.

• Customers and tenants enjoy daily lunch strolls to local coffee bars, restaurants, and shops.

• Infill Location / Extremely Dense - There are over 1,124,056 people living within a 5-mile radius of the property, with over 613,681 employees