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822 N Martel Ave, Los Angeles, CA 90046

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For Sale
Sale Pending

$1,898,000

4 beds • 2 baths • 1,736 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • $1,093.32
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

First time on the market in 60 years. . R3 zone lot in a Prime location, with a 95 Walk score, located in the City of Los Angeles, one stop sign away from the City of West Hollywood, walkable to restaurants and shops on Melrose ave. The possibilities are endless here, multiple brand new projects have been completed on this block in the past few years. Either build luxury small lot subdivision or condos OR- take advantage of the affordable housing possibilities with ED 1 eligibility , with amazing parking concession Or- buy and Hold on to one of the last R3 lots in a prime location. It is very rare that you can find a property with options to pencil out BOTH luxury units and affordable housing. This home has always been occupied by the owner and no prior tenants. Check out 833 Martel and 829 Martel for recent notable new constructions on this block.
MLS# 24-392473

Courtesy Of Rodeo Realty

(310) 873-4100

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Spanish
  • Floor Covering
    Hardwood
  • Lot Size
    0.14 Acres
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Breakfast Room, Full Bath, Living Room

Map and Directions

Directions to 822 N Martel Ave, Los Angeles, CA 90046

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(818) 225-5800
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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