829 N Martel Avenue

    Los Angeles (City), CA 90046
    • $7,480,000
    • STATUS: Active
    • ON SITE: 25 days
    • ID#: 18409366
    UPDATED: 49 min ago
    $7,480,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,200
      SQFT
    • $813
      $/SQFT
    Type:
    Multi-Family
    Built:
    2018
    County:

    School Ratings & Info

    Description

    Welcome to 829 Martel ave, a collection of 5 Architectural Town-homes in a prime Location for Short or Long term Rentals. Walk to the brand new Trader Joe's , Whole Food Market & All the shops on Santa Monica Blvd. Runyon Canyon Trails , The Grove, Beverly Hills, Hollywood & Highland are within a very short distance. Located in the highest Rental district in Los Angeles,The gorgeous design of Residences will take your breath away. All guest will look forward to coming home to these Light and very Bright homes with a beautiful energy throughout. Have friends over, turn on the Contemporary Glass Fire Place in these romantic & private Townhomes while you walk outside to your Very large private patio. And "The dream Kitchen" which is complete with highest & Best Stainless Steel Appliances, Gorgeous lighting, etc... Unwind to the Master Bedroom with a luxurious Master Bathroom equipped with separate large tub, standing shower & designer shower massagers, etc. Simply One of a Kind.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T21:26:51.247. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.impactca.com/homes/89571128

    829 N Martel Avenue Los Angeles (City), CA 90046

    • Price: $7,480,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: 18409366
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    9,200
    SQFT
    $813
    $/SQFT
    2018
    Built
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    Welcome to 829 Martel ave, a collection of 5 Architectural Town-homes in a prime Location for Short or Long term Rentals. Walk to the brand new Trader Joe's , Whole Food Market & All the shops on Santa Monica Blvd. Runyon Canyon Trails , The Grove, Beverly Hills, Hollywood & Highland are within a very short distance. Located in the highest Rental district in Los Angeles,The gorgeous design of Residences will take your breath away. All guest will look forward to coming home to these Light and very Bright homes with a beautiful energy throughout. Have friends over, turn on the Contemporary Glass Fire Place in these romantic & private Townhomes while you walk outside to your Very large private patio. And "The dream Kitchen" which is complete with highest & Best Stainless Steel Appliances, Gorgeous lighting, etc... Unwind to the Master Bedroom with a luxurious Master Bathroom equipped with separate large tub, standing shower & designer shower massagers, etc. Simply One of a Kind.
    Exterior Features

    Lot Size Units Square Feet Parking Features Garage Parking YN Yes

    Interior Features

    Cooling Central Cooling YN Yes

    Property Features

    Cap Rate 5.10 Electric Expense 5000.00 Fuel Expense 1200.00 Gross Multiplier 19.40 Gross Operating Income 498000.00 Improvements Amount 400000 Insurance Expense 4500.00 Land Value 950000 Net Operating Income 384500.00 Special Listing Conditions Standard Total Expenses 113500.00 Trash Expense 1800.00 Water Sewer Expense 2500.00 Zoning Lar3

    Listing provided courtesy of Igal Bakshandeh of Rodeo Realty- Brentwood.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-16T21:26:51.247. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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