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1445 1/2 N Martel Avenue, Los Angeles, California 90046, Los Angeles, 90046 - bed, bath

1445 1/2 N Martel Avenue, Los Angeles, California 90046 home-pic-0
ACTIVE$1,095,000
1445 1/2 N Martel Avenue, Los Angeles, California 90046
0Bed
0Bath
Sqft
916Lot
Year Built
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$0
HOA
$507
Days on market
-
Sold On
-
MLS number
25542327
Home ConditionExcellent
Features
Good View: City Lights, Hills, Landmark, Mountain(s), Panoramic
Deck
ViewCity Lights,Hills,Landmark,Mountain(s),Panoramic

About this home

We found 4 Cons,5 Pros. Rank: price - $1.09M(9th), sqft - 0(3th), beds - undefined(1th), baths - undefined(1th).

TURNKEY TOWNHOME ON THE WEST HOLLYWOOD BORDER - DELIVERED 100% VACANT. Discover a rare opportunity to acquire a brand-new construction townhomes in a premier Hollywood/West Hollywood location, just steps from Sunset Blvd and minutes to Runyon Canyon. This property offers immediate upside for both owner-users and multifamily investors seeking high-end rental properties in one of Los Angeles' most competitive submarkets. Located at 1445 N Martel Ave, this townhome can be purchased as a portfolio or individually and are delivered 100% vacant - perfect for lease-up or end-user occupancy. Built in 2021 with fully modern design and no deferred maintenance, each unit features 3 bedrooms, 2.5 bathrooms, and approximately 1,568 sq ft of living space. Premium amenities include private rooftop decks (350 sq ft) with panoramic city views, direct-entry 2-car garages per unit, premium finishes throughout, open floor plans, and turnkey condition. This type of opportunity doesn't come around often in this submarket - the combination of new construction, prime location, and vacancy delivery makes this a standout property.

Price History

Date
Event
Price
03/21/25
Sold
$1,200,000
03/04/22
Sold
$1,200,000
Condition Rating
Excellent
This is a brand-new construction from 2021, explicitly stated as having a 'fully modern design' and 'no deferred maintenance.' The images confirm premium finishes throughout, including a sleek, modern kitchen with stainless steel appliances, contemporary light fixtures, and hardwood flooring. The bathrooms feature floating vanities, large format tiling, and glass-enclosed showers, all appearing new and meeting current quality standards. The property is in turnkey condition, aligning perfectly with the 'Excellent' criteria.
Pros & Cons

Pros

Prime Location: Situated on the West Hollywood border, just steps from Sunset Blvd and minutes from Runyon Canyon, offering excellent walkability and access to premier urban amenities.
New Construction & Turnkey: Built in 2021 with a modern design and no deferred maintenance, the property is delivered in turnkey condition, minimizing immediate buyer expenses.
Private Rooftop Deck with Panoramic Views: Features a spacious 350 sq ft private rooftop deck offering panoramic city views, a highly desirable and valuable amenity.
Vacant Delivery & Investment Potential: Delivered 100% vacant, providing immediate flexibility for owner-occupancy or lease-up, appealing to both end-users and multifamily investors.
Premium Features & Private Garage: Boasts premium finishes throughout, an open floor plan, and a direct-entry 2-car garage per unit, enhancing luxury and convenience.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-03-21. The sold price is $1,200,000.00.
High Monthly Association Fee: A significant monthly association fee of $507.0 adds a substantial recurring cost to homeownership.
Limited Private Ground-Level Outdoor Space: The small lot size of 916 sq ft offers minimal private outdoor space beyond the rooftop deck, which may not suit all lifestyle preferences for a traditional yard.
Potential for Urban Noise/Density: Located in a bustling Hollywood/West Hollywood area, the property may be subject to urban noise and density, which could be a drawback for those seeking a quieter environment.

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