445 N Martel Avenue, Los Angeles, California 90036, Los Angeles, 90036 - 3 bed, 3 bath
445 N Martel Avenue
Los Angeles, California 90036
Property Price
SUMMARY
Analysis of 445 N Martel Avenue, Los Angeles, California 90036 reveals a Prime Investment Opportunity with a current list price of $2,399,000—significantly undercutting the $2,660,401 Fair Market Value by 9%. This valuation gap indicates a +$261,401 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 445 N Martel Avenue Subject | $2,399,000* List Price | 3 | 3 | 3,061 | $869 | - |
A 358 S Sycamore Avenue Sold | $2,480,000 | 4 | 3 | 2,503 | $991 | 1.0 mi |
B 633 N Formosa Avenue Sold | $2,925,000 | 5 | 5 | 3,546 | $825 | 0.4 mi |
C 543 N Gardner Street Sold | $2,100,000 | 4 | 3 | 2,100 | $1,000 | 0.2 mi |
D 636 N Curson Avenue Sold | $1,850,000 | 4 | 3 | 2,200 | $841 | 0.3 mi |
E 638 N Sierra Bonita Avenue Active Under Contract | $2,595,000 List Price | 5 | 5 | 2,704 | $960 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 2001, the property presents in excellent condition due to extensive modern renovations. The chef's kitchen features high-end quartz countertops, updated dual appliances, and a premium glass-front refrigerator. The home includes contemporary upgrades such as recessed LED lighting, vaulted ceilings with skylights, and a luxury hotel-style primary en-suite, indicating a high level of recent capital improvement and no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Architectural Volume and Light
The residence features dramatic 20-foot vaulted ceilings and extensive skylights that flood the open floor plan with natural light, creating a sophisticated and airy atmosphere.
- Premier Central Location
Situated in a highly sought-after pocket near The Grove and Pan Pacific Park, the property offers exceptional walkability and access to Los Angeles' top-tier dining and shopping.
- Gourmet Chef's Kitchen
The kitchen is a standout feature, equipped with dual sinks, dishwashers, and ovens, plus high-end quartz countertops, making it perfectly suited for professional-grade cooking and large-scale entertaining.
CONSRISKS & DEFICIENCIES
- Modified Garage Space
The two-car garage is currently utilized as a gym, which may necessitate a conversion back to traditional parking for buyers prioritizing enclosed vehicle storage.
- Inconsistent School Ratings
While some local elementary schools are highly rated, the assigned middle school has a lower rating of 3, which could be a consideration for families focused on specific educational pipelines.
About 445 N Martel Avenue
Flooded with natural light & designed for effortless indoor-outdoor living, this refined 3-bedroom, 3-bath residence offers an expansive open floor plan in one of the area's most desirable locations near The Grove & Pan Pacific Park. The home features dramatic 20-foot vaulted ceilings, striking skylights, a cozy built-in fireplace, walls of windows, wood flooring, & recessed LED lighting throughout. A show-stopping chef's kitchen anchors the main living space & is appointed with updated appliances, dual sinks, dishwashers, and ovens, a built-in glass-front side-by-side refrigerator, & quartz counter tops perfectly suited for both everyday living & entertaining at scale. The primary suite is a true sanctuary with luxury hotel style appointments, offering direct access to the backyard, separation from the main living quarters, an exceptionally large walk-in closet with custom built-ins, & a grand en-suite bath. Additional highlights include a formal dining area, 2 bedrooms separated by a full bathroom, an office, powder room, & an expansive living room with French doors. The home is completed by a private backyard & a two-car garage (currently used as a gym), delivering comfort, & a premier central location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2001
- Lot Size
- 7,001 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 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 • 0.9 mi
Third Street Elementary School
Grades K-5 • 1.1 mi
Vine Street Elementary School
Grades K-6 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 37% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,061 | 2,503 | 60% |
| Lot Size | 7,001 | 6,753 | 56% |
| Price | $2.40M | $2.35M | 51% |
| Price per sq ft | $784 | $950 | 23% |
| Built year | 2001 | 1926 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 183 | 2% |
Pricing History
Listed for Sale
Feb 21, 2026
$2,399,000
Initial Listing
Sold
Nov 10, 2016
$1,800,000
Public Record
Sold
Nov 17, 2000
$455,000
Public Record
Sold
Aug 27, 1997
$280,000
Public Record
Sold
Jun 13, 1997
$185,000
Public Record