34.0860176086426 -118.351440429688

823 N Martel Avenue LOS ANGELES, CA 90046

274109258 34.0860176086426 -118.351440429688 124 /listing/274109258-150140474/823-n-martel-avenue-los-angeles-ca-90046 False 0 3995000.0000 105 20598448 False
  • $3,995,000
  • 7,013 lot
  • Est payment $21446.02/mo

Property & Neighborhood Info

Courtesy Of Steven Medina, Hilton & Hyland

Multi-Family in Los Angeles

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.

Courtesy Of Steven Medina, Hilton & Hyland
  1. 7,013 Lot

Main Features

  • Listing Status: Off Market
  • Year Built: 2004
  • Floors: 3
  • County: LOS ANGELES
  • Units: 5
  • Zoning: LAR3
  • MLS Number:20598448

Additional Features

  • Appliances:
    • Dishwasher
    • Disposal
    • Vented Exhaust Fan
  • Architecture:
    • Contemporary
  • Condition:
    • Repairs Cosmetic
    • Updated/Remodeled
  • Cooling:
    • Central Air
  • Faces:
    • East
  • Fireplace:
    • Living Room
    • Master Bedroom
  • Flooring:
    • Tile
    • Wood
  • Heating:
    • Central
  • Land Size Source:
    • Assessor
  • Levels:
    • Three Or More
  • Parking:
    • Assigned
    • Controlled Entrance
    • Covered
    • Direct Garage Access
    • Subterranean
    • Tandem Garage
  • Security Features:
    • Carbon Monoxide Detector(s)
    • Fire and Smoke Detection System
    • Fire Sprinkler System
    • Smoke Detector(s)
  • Sewer:
    • Unknown
  • Special Conditions:
    • Standard
  • View:
    • City Lights
    • Hills
    • Mountain(s)
    • Peek-A-Boo
  • Windows:
    • Double Pane Windows
    • Skylight(s)
    • Tinted Windows
  • CDOM:
    • 153
  • DOM:
    • 153
  • Gross Income:
    • 296400.00
  • Gross Operating Income:
    • 286800.00
  • Listing Key:
    • 364553806
  • Lot Size Acres:
    • 0.1600
  • Lot Size Dimensions:
    • 50x140
  • Lot Size Square Feet:
    • 7013.00
  • Net Operating Income:
    • 172195.00
  • Number of Buildings:
    • 1
  • Price Per Unit:
    • 799000
  • Tax ID:
    • 5526005005
  • Total Expenses:
    • 106000.70
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
34.0860176086426 -118.351440429688

823 N Martel Avenue LOS ANGELES, CA 90046

274109258 34.0860176086426 -118.351440429688 124 /listing/274109258-150140474/823-n-martel-avenue-los-angeles-ca-90046 False 0 3995000.0000 105 20598448 False
  • $3,995,000
  • 7,013 lot
  • Est payment $21446.02/mo