517 N Martel Avenue, Los Angeles, California 90036, Los Angeles, 90036 - 5 bed, 6 bath

517 N Martel Avenue, Los Angeles, California 90036 home-pic-0
ACTIVE$4,849,500$4,096/sqft
Est. Value: $4,119,316
-15%
AboveEstimate
517 N Martel Avenue, Los Angeles, California 90036
5Beds
6Baths
4,096Sqft
5,600Lot

Price Vs. Estimate

The estimated value ($4,119,315.56) is $730,184.44 (15%) lower than the list price ($4,849,500). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Smart Home Technology: Built in 2025, this residence offers modern craftsmanship, contemporary design, and integrated smart home features for a cutting-edge living experience.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4096, other record living area = 1210. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.

Compared to the nearby listings

Price:$4.85M vs avg $2.22M (+$2,633,500)96%
Size:4,096 sqft vs avg 2,565 sqft87%
Price/sqft:$1.2K vs avg $95593%

More Insights

Built in 2025 (1 years old).
Condition: This property is listed as built in 2025, indicating it is brand new construction. The description highlights 'modern craftsmanship,' 'elevated living,' 'travertine finishes,' 'plastered walls,' and a 'chef's kitchen' with 'refined materials and meticulous detailing.' Images confirm a state-of-the-art kitchen with integrated appliances and contemporary cabinetry, and spa-like bathrooms with modern fixtures, soaking tubs, and walk-in showers. All components, including flooring, lighting, and smart home technology, are new and meet current high-quality standards, showing no signs of wear or deferred maintenance.
Year Built
2025
Close
-
List price
$4.85M
Original List price
$4.85M
Price/Sqft
$1,184
HOA
-
Days on market
-
Sold On
-
MLS number
25629335
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
View-

About this home

Located in one of LA's most sought-after enclaves, this Mediterranean-inspired residence exemplifies modern craftsmanship and elevated living. Upon entry, asculptural spiral staircasegracefully wraps around a mature olive tree, rising beneath a dramatic skylight that fills the foyer with natural light and sets a striking architectural tone. Inside, travertine finishes, plastered walls and contemporary curves create a seamless flow of texture and form throughout. Expansive, wall-to-ceiling sliding glass doors dissolve the boundary between the living spaces and the manicured backyard, flooding the interiors with natural light and enhancing effortless indoor-outdoor living. The chef's kitchen anchors the home with refined materials and meticulous detailing, ideal for both everyday living and hosting. Outside, the backyard unfolds as a private resort-style retreat, featuring a pool and spa, built-in BBQ and lush landscaping designed for year-round enjoyment, while a detached ADU provides flexibility for guests, work or extended living. Upstairs, the primary suite serves as a serene sanctuary with two expansive walk-in closets and a spa-like bathroom complete with a soaking tub. Two additional bedrooms occupy the second level, offering comfort, privacy and thoughtful separation. Complete with a two-car garage and exceptional attention to detail throughout, this smart home delivers a rare blend of architecture, function and lifestyle, quietly positioned near boutique shopping and acclaimed fine dining in one of Los Angeles' most coveted neighborhoods.

O
Or Brodsky
Listing Agent

Nearby schools

7/10
Hancock Park Elementary School
Public,K-51.0mi
8/10
Third Street Elementary School
Public,K-51.2mi
2/10
Vine Street Elementary School
Public,K-61.5mi
3/10
Laurel Elementary School
Public,K-80.9mi
7/10
John Burroughs Middle School
Public,6-81.4mi
7/10
Fairfax Senior High School
Public,9-120.6mi

Price History

Date
Event
Price
01/08/24
Sold
$1,432,000
Condition Rating
Excellent

This property is listed as built in 2025, indicating it is brand new construction. The description highlights 'modern craftsmanship,' 'elevated living,' 'travertine finishes,' 'plastered walls,' and a 'chef's kitchen' with 'refined materials and meticulous detailing.' Images confirm a state-of-the-art kitchen with integrated appliances and contemporary cabinetry, and spa-like bathrooms with modern fixtures, soaking tubs, and walk-in showers. All components, including flooring, lighting, and smart home technology, are new and meet current high-quality standards, showing no signs of wear or deferred maintenance.
Pros & Cons

Pros

New Construction & Smart Home Technology: Built in 2025, this residence offers modern craftsmanship, contemporary design, and integrated smart home features for a cutting-edge living experience.
Exceptional Indoor-Outdoor Flow & Resort-Style Amenities: Expansive wall-to-ceiling glass doors create a seamless transition to a private backyard featuring a pool, spa, built-in BBQ, and lush landscaping, ideal for entertaining and relaxation.
Detached ADU for Versatility: The property includes a detached Accessory Dwelling Unit, providing valuable flexible space for guests, a home office, or extended family living, enhancing its utility and appeal.
Prime Location in Sought-After Enclave: Situated in one of Los Angeles' most desirable neighborhoods, the property offers proximity to boutique shopping, acclaimed fine dining, and a prestigious lifestyle.
Luxurious Finishes & Architectural Details: High-end features such as a sculptural spiral staircase, mature olive tree, dramatic skylight, travertine finishes, plastered walls, and a chef's kitchen showcase meticulous design and quality materials.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 4096, other record living area = 1210. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Premium Price Point: The listing price of nearly $4.85 million places this property in a highly competitive luxury market, potentially narrowing the pool of prospective buyers.
Moderate Lot Size for Price Tier: While well-utilized, the 5600 sqft lot might be perceived as less expansive compared to other luxury properties in this price range, potentially limiting outdoor expansion.
Mixed Public School Ratings: The proximity to public schools with varying ratings (some as low as 2-3) could be a consideration for families prioritizing top-tier public education options.
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