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822 N Martel Avenue

Los Angeles (City), CA 90046
  • $1,898,000
  • STATUS: Active
  • ON SITE: 3 Days
  • ID#: 24392473
New On Site 3 Days Ago
UPDATED: 94 min ago
$1,898,000
  • 4
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,736
    SQFT
  • $1,093
    $/SQFT
Type:
Single-Family Home
Built:
1923
County:

School Ratings & Info

Listing Agent(s): Igal Bakshandeh of Rodeo Realty- Brentwood (310-873-4100)


Description

First time on the market in 60 years. . R3 zone lot in a Prime location, with a 85 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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-19T21:38:36.563. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
www.mainstreetgroup.com/homes/150558779
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822 N Martel Avenue Los Angeles (City), CA 90046

  • Price: $1,898,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 94 min ago
  • ID#: 24392473
4
Beds
2
Baths
0
½ Baths
0.14
Acres
1,736
SQFT
$1,093
$/SQFT
1923
Built
Neighborhood:
C10 - West Hollywood Vicinity
County:
Los Angeles
Area:
C10 - West Hollywood Vicinity
Property Description
First time on the market in 60 years. . R3 zone lot in a Prime location, with a 85 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.
Exterior Features

Architectural Style Spanish Parking Features Driveway Parking Total 1 Pool Features None Pool Private YN No Spa Features Above Ground Spa YN Yes View None View YN No

Interior Features

Common Walls No Common Walls Flooring Wood Furnished Unfurnished

Property Features

Association YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Special Listing Conditions Standard Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-05-19T21:38:36.563. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mainstreet Realtors®. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372772754-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372772754-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_372772754-2.jpg
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Mainstreet Realtors®
8577 Haven Ave, Suite 100
Rancho Cucamonga CA, 91730
Listing Agent(s): Igal Bakshandeh of Rodeo Realty- Brentwood (310-873-4100)