Listed by Igal Bakshandeh - DRE #01313059 - Rodeo Realty- Brentwood 310-873-4100
$1,898,000 affordable loan icon Calculate Payment

822 Martel Avenue Los Angeles, CA 90046

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Single Family Residence
4 Beds
2 Baths
1,736 Sq. Ft.
0.14 Acre Lot

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Last updated on 6/5/2024 8:55 PM
First time on the market in 60 years. . R3 zone lot in a Prime location, with a 95 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 hav...e 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. Continue reading
MLS#
24392473
Property Type
Single Family
Status
Bedrooms
4
Bathrooms
2 Full
Year Built
1923
Square Feet
1,736 sq. ft
Lot Size
0.14
Stories
1.0

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Listed by Igal Bakshandeh - DRE #01313059 - Rodeo Realty- Brentwood 310-873-4100
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 6/5/2024 8:55 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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