345 N Martel Avenue, Los Angeles, California 90036, Los Angeles, 90036 - 3 bed, 2 bath
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345 N Martel Avenue
Los Angeles, California 90036
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,794Sq Ft
7,002Lot Size
Property Price
LIST PRICE$2,495,000
EST. MARKET VALUE
$2,334,812
6% AboveMARKET VALUE
SUMMARY
Miracle Mile Fairytale Castle with 3 beds/2 baths + pool + garage, taken down to the studs in 2021 and remodeled all new!!! Gated grassy front yard with lush trees, including palm trees that tower to the sky + multiple olive trees, and a brick walkway to a tiled front porch! Living room with pitched beamed ceiling and statement marble decorative fireplace opens to the generous dining room which opens to the kitchen. Remodeled kitchen with abundant cabinet and counter space, farmhouse sink, SS appliances, filtered water, built-in desk area, laundry closet. Wide center hallway with pantry, linen closet, arched nook. Primary bedroom is en-suite with a large walk-in closet, handsome designer bath with Toto smart toilet + lavish marble shower, and door to the backyard. Secondary bedrooms are large and filled with sunshine. Hall bath has both tub and shower, generous storage, and double sinks in the vanity. Spacious grassy hedged landscaped yard and new (2022) pebble pool with remote control, lighting, and deck jets. Garage can be used as a flex space or garage (or turned into an ADU.). Remodel down to the studs included plumbing, electrical, new 200 amp electrical panel, sewer, HVAC, mostly new windows, new stucco, lighting, drywall, kitchen, baths, floors, wallpaper accent walls. Best location close to The Grove, Pan Pacific Park, world class shopping + restaurants! Amazing move-right-in condition!
Estimated Market Value
$2,334,812
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 345 N Martel Avenue Subject 3 bd · 2 ba · 1,794 sqft · $1,301 | $2,495,000* List Price | 3 | 2 | 1,794 | $1,301 | - |
A 506 N Curson Avenue Sold 3 bd · 3 ba · 1,642 sqft · $1,355 · 0.3 mi | $2,225,000 | 3 | 3 | 1,642 | $1,355 | 0.3 mi |
B 177 S Gardner Street Sold 3 bd · 4 ba · 1,761 sqft · $1,147 · 0.4 mi | $2,020,000 | 3 | 4 | 1,761 | $1,147 | 0.4 mi |
C 166 S Gardner Street Sold 4 bd · 4 ba · 2,007 sqft · $1,023 · 0.4 mi | $2,054,000 | 4 | 4 | 2,007 | $1,023 | 0.4 mi |
D 606 N Martel Avenue Sold 4 bd · 4 ba · 2,086 sqft · $1,270 · 0.3 mi | $2,650,000 | 4 | 4 | 2,086 | $1,270 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a comprehensive 'down to the studs' renovation in 2021, which is less than 5 years ago. This included all-new HVAC, plumbing, sewer, and a 200-amp electrical panel. The kitchen and bathrooms feature modern designer finishes, and a new pebble pool was added in 2022, ensuring the home is in mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive 2021 Remodel
Taken down to the studs, the property features all-new essential systems including plumbing, electrical, HVAC, and sewer, offering the peace of mind of new construction within a charming 1926 character home.
- Premium Outdoor Amenities
The residence boasts a newly installed (2022) pebble pool with remote-controlled lighting and deck jets, complemented by a gated front yard and a garage with ADU conversion potential.
- Prime Miracle Mile Location
Ideally situated within walking distance to The Grove, Pan Pacific Park, and world-class shopping and dining, providing an ultra-convenient urban lifestyle in a highly sought-after neighborhood.
CONSRISKS & DEFICIENCIES
- High Price Per Square Foot
At nearly $2.5M for 1,794 square feet, the property is positioned at a premium price point that may be challenging for buyers looking for more interior living space.
- Limited Bathroom Count
With only two bathrooms serving three bedrooms, the layout may be a drawback for families or buyers who expect a higher bathroom-to-bedroom ratio at this luxury price level.
About 345 N Martel Avenue
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 7,002 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Hancock Park Elementary School
Grades K-5 • 0.8 mi
7/10
Third Street Elementary School
Grades K-5 • 1.0 mi
8/10
Vine Street Elementary School
Grades K-6 • 1.6 mi
2/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,794 | 1,670.836 |
| Lot Size | 7,002 | 6,152.156 |
| Price | $2.50M | $1.34M |
| Price per sq ft | $1.4K | $807 |
| Built year | 1926 | 1941 |
| HOA | $0 | $238 |
| Days on market | 2 | 56 |
Pricing History
Listed for Sale
Nov 7, 2026
$2,495,000
Initial Listing
Sold
Aug 3, 2021
$1,712,000
Public Record