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941 N Martel Ave
Los Angeles, CA 90046
Martel Apartments | Development Opportunity · Multifamily Property For Sale
·
14 Units
Investment Highlights
- Shovel Ready Development Site with All Plans & Permits in Place
- Blocks from West Hollywood, Beverly Hills, Hollywood & La Brea
- Rated 95 Walk Score, “Walker’s Paradise”. One of the best locations in Los Angeles
- Prime Melrose District, Los Angeles Location and Steps from Santa Monica Blvd. & Sunset Strip
- Plans Designed by Renowned Architect Jack Hollander & Associates
- Historically Strong Rental Market with High Barrier to Entry
Property Facts
| No. Units | 14 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 15,274 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2024 |
| Building Class | B | Parking Ratio | 0.92/1,000 SF |
| Zoning | LAR3 | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 15,274 SF |
| No. Stories | 4 |
| Year Built | 2024 |
| Parking Ratio | 0.92/1,000 SF |
| Zoning | LAR3 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer Hookup
- Refrigerator
- Oven
- Views
- Yard
- Double Pane Windows
- Patio
- Recreation Room
Site Amenities
- Laundry Facilities
- Bicycle Storage
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | - | - |
| 1+1 | 5 | - | - |
| 2+2 | 5 | - | - |
Property Taxes
| Parcel Number | 5531-025-019 | Improvements Assessment | $594,276 |
| Land Assessment | $1,379,570 | Total Assessment | $1,973,846 |
Property Taxes
Parcel Number
5531-025-019
Land Assessment
$1,379,570
Improvements Assessment
$594,276
Total Assessment
$1,973,846
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