See Home Value
$2,356,161*
House - Off Market

331 N Martel Ave

Los Angeles, CA 90036
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3150 Sqft
$1,890,000 - $2,308,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
Sold Jun 24, 2021
$2,050,000
$1,537,500 by United Wholesale Mortgage
Mortgage Due Jul 01, 2051
Sold Apr 30, 1996
$269,000
$201,750 by Brooksamerica Mtg
Mortgage Due May 01, 2026

About This Property

Gorgeous, versatile and beautifully presented 1940's Spanish jewel in prime Beverly/Grove! Designed for those in need of extra room to spread out, relax, work and entertain, the layout is generous and inviting with multiple structures that can be adapted to suit your specific lifestyle needs. The main residence is light-filled and elegant with comfortable living spaces featuring gleaming hardwoods, a beautifully presented kitchen, three well-sized bedrooms and two baths, while the rear 2-Story ADU offers a disappearing wall of glass connecting the backyard with its living room area plus an upstairs bedroom w Murphy bed/desk and a full kitchen and bath! Adding even more convenience and flexibility are two additional external studio structures with one currently used as an office and the other transformed into a home gym. Those who love to entertain will adore the sun-soaked courtyard with tall landscaping for privacy, plus theres an expansive grassy front yard with a succulent garden!

The manager has listed the unit size as 3150 square feet.
Unit Size
3,150Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$666
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Jun 24, 2021 Sold to Nancy Dahan, Victor Dahan $2,050,000
Sold to Nancy Dahan, Victor Dahan
May 23, 2021 In contract -
In contract
May 14, 2021 Relisted $2,099,000
Relisted
Apr 30, 2021 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1945
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Spanish
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Flat
  • Roof Cover Type: Roll composition
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,778
  • Building Area: 2,778
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,778
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4924
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 4924 LOT/SEC 183

Ownership

  • Current Owner : DAHAN VICTOR
  • Current Owner 2: DAHAN NANCY
  • Previous Owner : MELLER DAVID S
  • Previous Owner 2: MELLER FAIGE
  • Owner Before Previous Owner: GE CAPITAL MTG SERVICES INC
  • Ownership Rights Codes: Family Trust

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 214000

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-A6
  • Subdivision Tract Number: 4924
  • Parcel: 5526-038-008
  • Lot: 183
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.0771
  • Longitude: -118.351

    Address

  • Full Address: 331 N Martel Ave
  • Address - House Number: 331
  • Street Direction: N
  • Address - Street Name: Martel
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C011
  • 4-Digit Zip Code: 2515
  • Zip Code: 90036

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,735
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2248
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,391,057
  • High Value: 2,928,682
  • Low Value: 1,853,432

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,537,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Loan Amount: $1,537,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,132,820
  • Assessed Land Value: $1,706,256
  • Assessed Improvements Value: $426,564

    Sales

  • Current Sale Contract Date: May 27, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Transaction ID: 11840778087
  • Current Sale Price: $2,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0992241
  • Previous Sale Recording Date: Apr 30, 1996
  • Previous Sale Contract Date: Mar 18, 1996
  • Previous Sale Amount: $269,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 24, 2021
  • First Mortgage Loan Amount: $1,537,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BROOKSAMERICA MTG
  • Previous Mortgage Transaction Date: Apr 30, 1996
  • Previous Mortgage Loan Amount: $201,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2026



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,714 ft²
$736/ft²
$1,998,000 Nov 10, 2022
-
-
House
4 Beds
3 Baths
2,193 ft²
$1,003/ft²
$2,200,000 Nov 17, 2022
-
-
House
4 Beds
3 Baths
2,025 ft²
$988/ft²
$1,999,999 Oct 13, 2022
-
-
House
5 Beds
5 Baths
3,500 ft²
$570/ft²
$1,995,000 Mar 17, 2020
-
-
House
3 Beds
2 Baths
2,508 ft²
$915/ft²
$2,295,000 Dec 6, 2022
-
-
House
3 Beds
3 Baths
1,635 ft²
$1,100/ft²
$1,799,000 Sep 29, 2022
-
-
Multifamily
4 Beds
-
-
$1,699,000 Jul 29, 2022
-
-
Multifamily
4 Beds
-
-
$1,899,000 Nov 28, 2022
-
-
Land
Loft
-
-
$2,400,000 Oct 8, 2022
-
-

About Central LA


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Frequently Asked Questions

When was property at 331 North Martel Avenue built and last sold?
The property at 331 North Martel Avenue was built in 1940 and last sold on May 27, 2021 for $2,050,000.
How much is this home worth?
The estimated value of the home located at 331 North Martel Avenue is $2,151,977.
What are some comparable homes to 331 North Martel Avenue?
There are currently no comparable homes to 331 North Martel Avenue.

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