See Home Value
$2,637,912*
House - Off Market

744 N MARTEL AVE

LOS ANGELES, CA 90046
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2160 Sqft
$2,115,000 - $2,585,000
Reference Base Price*
12.25%
Since Nov 1, 2021
CA-Los Angeles
Primary Model
Sold Sep 28, 2020
$2,272,500
$1,580,000 by Bank Of America Na
Mortgage Due Feb 01, 2052
Sold Mar 27, 2018
$1,600,000

About This Property

Extremely rare opportunity on huge (8227 SF ) lot in the heart of Melrose Village, walkable to restaurants and shopping.  This  freshly and meticulously renovated property is the epitome of chic style and design - a modern take on a classic Spanish home.  Spacious free flowing entertainment space includes Living Room, Dining Room, and Office.  The Kitchen and Master Bedroom open out to a large private, gated and hedged backyard with salt water pool, spa and Pool House.  Flooded with natural light, the Guest House is as stylish as the main house and includes kitchenette and bath. This house is perfect for end-users with the possibility of future expansion (thanks to the oversized lot).  Truly something rare and worth seeing.

The manager has listed the unit size as 2160 square feet.
Unit Size
2,160Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,088
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1929

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Sep 28, 2020 Sold to Michael Namm $2,272,500
Sold to Michael Namm
Sep 11, 2020 In contract -
In contract
Jun 23, 2020 Relisted $2,350,000
Relisted
Jun 3, 2020 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1930
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,227
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,760
  • Building Area: 1,760
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,760
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 5665
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5665 LOT/SEC 75

Ownership

  • Current Owner : NAMM MICHAEL
  • Previous Owner : DODDS DOUGLAS A
  • Owner Before Previous Owner: BERKOWICZ DANIEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 192002

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 34-A5
  • Subdivision Tract Number: 5665
  • Parcel: 5526-009-017
  • Lot: 75
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.085
  • Longitude: -118.351

    Address

  • Full Address: 744 N Martel Ave
  • Address - House Number: 744
  • Street Direction: N
  • Address - Street Name: Martel
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C069
  • 4-Digit Zip Code: 7507
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $27,415
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 2,438,677
  • High Value: 2,990,739
  • Low Value: 1,886,616

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,580,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Feb 07, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,580,000
  • 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: Feb 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,364,308
  • Assessed Land Value: $1,891,447
  • Assessed Improvements Value: $472,861

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 28, 2020
  • Current Sale Transaction ID: 11788815443
  • Current Sale Price: $2,272,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-1181803
  • Previous Sale Recording Date: Mar 27, 2018
  • Previous Sale Contract Date: Feb 06, 2018
  • Previous Sale Amount: $1,600,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 28, 2020
  • First Mortgage Loan Amount: $1,588,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,164 ft²
$1,016/ft²
$2,199,000 Feb 8, 2023
-
-
House
3 Beds
3.5 Baths
2,420 ft²
$1,136/ft²
$2,750,000 Dec 2, 2022
-
-
House
4 Beds
3 Baths
2,356 ft²
$1,061/ft²
$2,499,000 Jan 26, 2023
-
-
House
2 Beds
1.5 Baths
1,431 ft²
$1,398/ft²
$1,999,999 Feb 20, 2023
-
-
House
6 Beds
5 Baths
3,119 ft²
$641/ft²
$1,999,999 Feb 27, 2023
-
-
Multifamily
4 Beds
-
-
$2,395,000 Mar 3, 2023
-
-
Multifamily
7 Beds
6 Baths
600 ft²
$3,332/ft²
$1,999,000 Feb 15, 2023
-
-
Multifamily
8 Beds
-
-
$2,485,000 May 13, 2022
-
-
Land
Loft
-
-
$1,999,000 Oct 8, 2022
-
-

About Central LA


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Frequently Asked Questions

When was property at 744 North Martel Avenue built and last sold?
The property at 744 North Martel Avenue was built in 1929 and last sold on Sep 11, 2020 for $2,272,500.
How much is this home worth?
The estimated value of the home located at 744 North Martel Avenue is $2,344,974.
What are some comparable homes to 744 North Martel Avenue?
There are currently no comparable homes to 744 North Martel Avenue.

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