1330 N Martel Avenue

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
No. of Stories
2
Opportunity Zone
Off
Price per unit
$ 508,333
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34.095308, -118.350304

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