05-10-2022
05-12-2022
1330 N Martel Ave, Los Angeles, CA 90046
Investment Highlights
- 18 Units Prime West Hollywood Adjacent (City of LA)!
- Rare Turn-Key Opportunity!
- Over $1,500,000 Spent in Capital Expenditures
- New Roof, Plumbing, Electrical, Common Area, Landscape
- In Suite Washer & Dryer!
- Seismic Retrofit has Been Completed!
- Ample Parking – Offers 1 Space Per unit!
- Tenants Reimburse for Utility Expense!
- Select Units Offer Balcony Spaces
- Separately Metered for Gas and Electric
- One of the Most Highly Sought-After Areas to Live in By Millennials (Generation “Y”).
- Walking Distance to Santa Monica Boulevard, Fairfax Avenue, Melrose Avenue - Offering Countless Coffee Shops, Restaurants, Shopping and Dining Options.
- Benefiting From Media, Technology and Creative Office Boom in Hollywood/Miracle Mile.
- Large 13,552-Square Foot Double Lot Zoned LAR3!
Key Property Information
Listing Status
Available
Listing Type
Highest & best offer
Multifamily type
Garden Style
Price
$ 9,150,000
No. of Units
18
Year Built
1968
Building Size
13,746 Sq ft
Lot Size
13,552 Sq ft
Opportunity Zone
Off
Price per unit
$ 508,333
