Views
Address
823 N Martel Avenue Los Angeles, CA
Price
$ 4,550,000
Property Attributes
  • ML#20598448
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaWest Hollywood Vicinity
  • Zip90046
  • StyleContemporary
  • Price$ 4,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Steven Medina with Hilton & Hyland
Property Description

Exclusively presenting, Martel Lofts, a rare opportunity to acquire an exquisitely constructed architectural 5-unit, income generating development in the highly coveted Melrose / Fairfax District, adjacent to notable restaurants, cafes, boutique designer shopping, and night life. The property was constructed in 2004, featuring 3 bed / 3.5 bath each, superb parking, contemporary design, high end finishes and loads of natural light via impressive large scale windows throughout. Additionally, one unit remains vacant, allowing the opportunity for owner use or growth potential for generating income. Co-listed with Chris Mara of Hilton & Hyland. Do not disturb tenants.

Price History
7/3/2020 Listed $4,850,000
8/7/2020 7% - $4,550,000

General Features

Appliances Dishwasher, Disposal, Vented Exhaust Fan
Architectural Style Contemporary
Cooling Central Air
Directions North of Melrose Ave., West of La Brea Ave.
Facing Direction East
Flooring Wood, Tile
Heating Central
Levels Three Or More
Listagentaor Beverly Hills/Greater LA
Listing Agent Steven Medina - BRE#01883878
Listing Agent State License 01883878
MLS Area C10 - West Hollywood Vicinity
Parking Features Assigned, Controlled Entrance, Covered, Subterranean, Tandem Garage, Direct Garage Access
PropertyCondition Updated/Remodeled, Repairs Cosmetic
Security Features Carbon Monoxide Detector(s), Smoke Detector(s), Fire and Smoke Detection System, Fire Sprinkler System
Sewer Unknown
Source System CRMLS
Special Listing Conditions Standard
Total Units 5
View Mountain(s), Peek-A-Boo, Hills, City Lights
Zoning LAR3

Interior Features

Air Conditioning Y/N Yes
Appliances Y/N Yes
Fireplace Features Master Bedroom, Living Room
Fireplace Y/N Yes
Heating Y/N Yes
Total Stories 3
Window Features Double Pane Windows, Skylight(s), Tinted Windows

Exterior Features

Lot Dimensions 50x140
Lot Size Acres 0.1600
Lot Size Area 7013.0000
Lot Size Source Assessor
Lot Size Square Feet 7013.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90046

Price
AVG $5.47M
$4.55M
Visits
AVG 21
19
Year Built
AVG 1946
2004

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