1308 N Martel Avenue, Los Angeles, CA 90046

$1,650,000 Asking Price

2 beds

1 bath

1,489 sqft

Built in 1920

The subject property is a single-story 1,489 sq. ft. home with 2 bedrooms/ 1.5 bath single family residence sitting on a 6.649 sq. ft. of land. Has a detached garage. The property has an R3 zoning. It is located in the highly sought after area of West Hollywood, just right above Fountain Ave. It offers an excellent development opportunity for a savvy investor. To be sold along with neighboring property 7317 Fountain Ave totaling a lot seize of 13,693 sqft. Property has potential to build ADUs as well.

Listing Status:: Active
Date Added:: January 13, 2025 — 2 days ago
Listing Office:: Global Capital Advisors, Inc., Gary Mkrtichyan (818-939-8855)
Office Phone:: 818-939-8855
MLS ID:: GD24220717

Features & Amenities

Interior

Laundry:: None
A/C:: false, None
Fireplace:: See Remarks, Fireplace

Exterior

Pool:: None
Parking:: Parking spaces: 1

Construction

General:: 1

Location

HOA Amenities:: 0.0
Originating MLS:: CRMLS
School District:: Los Angeles Unified
County:: Los Angeles

Lot

Zoning:: LAR3, 5550019019
View:: None

Utilities

Water:: Public
Sewer:: Public Sewer

Financial

Source:: CRMLS

This listing courtesy of:
Global Capital Advisors, Inc., Gary Mkrtichyan

About Los Angeles, CA

Housing

Number of Units: 906,276
Median Home Value: $764,749
Median Rent: $1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car: 56.67%
Public Transportation: 8.41%
Walk to Work: 3.27%
Work from Home: 29.71%
Other: 1.00%

The median travel time to work is 25 minutes.

People

Population: 2,373,885
Median Age: 35.80
Median Household Size: 2.78

Education

High School: 18.57%
Associate’s Degree: 5.55%
Bachelor’s Degree: 22.72%
Graduate Degree: 12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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1308 N Martel Avenue, Los Angeles, CA 90046

$1,650,000 Asking Price