1308 N Martel Ave, Los Angeles, CA 90046 - View 1
1308 N Martel Ave, Los Angeles, CA 90046 - View 2
1308 N Martel Ave, Los Angeles, CA 90046 - View 3
1308 N Martel Ave, Los Angeles, CA 90046 - View 4
1308 N Martel Ave, Los Angeles, CA 90046 - View 5

1308 N Martel Ave, Los Angeles, CA 90046

Sale Price: $1,650,000
Jan 13, 20251,489 sqft2 beds1 baths
Listed by: Gary Mkrtichyan
License #: 01955014
Phone #: 818-939-8855
Global Capital Advisors, Inc.
Source:
CRMLS Logo
MLS #: GD24220717

Property Description

The subject property is a single-story 1,489 sq. ft. home with 2 bedrooms/ 1.5 bath single family residence sitting on a 6.649 sq. ft. of land. Has a detached garage. The property has an R3 zoning. It is located in the highly sought after area of West Hollywood, just right above Fountain Ave. It offers an excellent development opportunity for a savvy investor. To be sold along with neighboring property 7317 Fountain Ave totaling a lot seize of 13,693 sqft. Property has potential to build ADUs as well.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$21,219

TurboHome Estimated Value

$1,532,300

$1,029 sqft

High Valuation
$1,608,915
$1081/sqft
Normal Valuation
$1,532,300
$1029/sqft
Low Valuation
$1,455,685
$978/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1029/sqft$1,532,300

Neighborhood: Hollywood

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Comparative Value

$926K

$1.17M

$1.65M

$1.65M

7560 Hollywood Blvd 409, Los Angeles, CA 90046

Sale Price: $926,000

Selected Comparable

847 N Cherokee Ave, Los Angeles, CA 90038

Sale Price: $1,170,000

Selected Comparable

1515 N Fairfax Ave 8, Los Angeles, CA 90046

Sale Price: $1,200,000

Selected Comparable

6212 Banner Ave, Los Angeles, CA 90038

Sale Price: $1,210,000

Selected Comparable

1308 N Martel Ave, Los Angeles, CA 90046

List Price: $1,650,000

Subject Property

1308 N Martel Ave, Los Angeles, CA 90046

Sale Price: $1,650,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1308 N Martel Ave, Los Angeles, CA 90046

1308 N Martel Ave, Los Angeles, CA 90046

List: $1,650,000

Listed: 1/13/2025

Area:1,489 sqft
Price/sqft:$1,108
Beds:2
Baths:1
Year Built:
Lot Size:6,651

Comparable Properties

COMPARABLE
Choose comps
1308 N Martel Ave, Los Angeles, CA 90046

1308 N Martel Ave, Los Angeles, CA 90046

Sale: $1,650,000

4/4/20250.00 mi

Area:1,489 sqft
Price/sqft:$1,108
Beds:2
Baths:1
Year Built:
Weight:23.7%
7560 Hollywood Blvd 409, Los Angeles, CA 90046

7560 Hollywood Blvd 409, Los Angeles, CA 90046

Sale: $926,000

7/14/20250.52 mi

Area:1,528 sqft
Price/sqft:$606
Beds:2
Baths:2
Year Built:
Weight:20.8%
1515 N Fairfax Ave 8, Los Angeles, CA 90046

1515 N Fairfax Ave 8, Los Angeles, CA 90046

Sale: $1,200,000

7/9/20250.72 mi

Area:1,608 sqft
Price/sqft:$746
Beds:2
Baths:2
Year Built:
Weight:19.5%
6212 Banner Ave, Los Angeles, CA 90038

6212 Banner Ave, Los Angeles, CA 90038

Sale: $1,210,000

4/24/20251.47 mi

Area:1,168 sqft
Price/sqft:$1,036
Beds:2
Baths:1
Year Built:
Weight:18.1%
847 N Cherokee Ave, Los Angeles, CA 90038

847 N Cherokee Ave, Los Angeles, CA 90038

Sale: $1,170,000

1/8/20251.01 mi

Area:1,412 sqft
Price/sqft:$829
Beds:2
Baths:2
Year Built:
Weight:17.8%

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