513 N Martel Ave, Los Angeles, CA 90036
Image 2 for 513 N Martel Ave, Los Angeles, CA 90036
Image 3 for 513 N Martel Ave, Los Angeles, CA 90036
View Photos

513 N Martel Ave Los Angeles, CA 90036

$4,850,000 Sold Price as of 08/08/2023
  • 5 Beds
  • 5.5 Baths
  • 4,409 Sq.Ft.
Sold
$4,850,000 Sold Price as of 08/08/2023 Refinance Your Mortgage

Map preview of 513 N Martel Ave, Los Angeles, CA 90036

Property Overview: 513 N Martel Ave Los Angeles, CA has 5 bedrooms, 5.5 bathrooms, 4,409 living square feet and 6,999 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ONE WITH THE ELEMENTS in this architectural masterpiece, designed to harmonize luxury w/nature. This sanctuary embodies resort living at its finest, showcasing impeccable craftsmanship, exquisite details, & unrivaled amenities in the famed Beverly Grove area.The exterior emanates warmth w/earthy tones/textures, & thoughtful landscape & hardscape design. A dramatic white oak pivot door opens to a foyer, greeted by a Palo Verde tree & stylish powder room. The open floor plan boasts retractable walls of glass, sizable skylights, & Fleetwood windows, bathing the home in natural light. A functional art installation provides a sense of grandeur & frames the common area, offering a lounge & lofty views of the sky above. The gorgeous dining space is embellished by ornate pendant lighting & flaunts a luxurious wet bar. Wide plank, French oak floors lead to the grand living area, accented by an open flame focal fireplace. The vast kitchen is a culinary haven w/Miele appliances, Pitt Cooking system, oversized island, custom walnut cabinetry, & ample counter space. Disappearing glass seamlessly merges the tranquil indoor/outdoor experience, revealing a sun-drenched retreat w/a wrap-around pool, spa, al fresco dining, lounge areas, & fire pit.A serene glass-encased ADU embodies a pool house w/a living area, bar, open kitchen, bath, & wellness room. The ground level is completed w/an ensuite bedroom/study, & a finished garage/creative space w/high ceiling & a solid hemlock door. Ascend the architectural illuminated staircase to a bright corridor, leading to an oversized meditation/reading nook w/views. Two ensuite bedrooms offer designer baths, integrated skylights, handmade wall finishes, & a striking private terrace. The opulent primary retreat welcomes you to a lounge area w/a bespoke fireplace, surrounded by lush greenery, connected by a large terrace, w/sitting areas, automated drapery, & views. A spa-like bath defines your own private escape & is in balance with the elements, wrapped in handmade natural plaster finishes, w/an open air shower, a freestanding soaking tub under a concealed skylight, floating linear vanity w/wall mounted fixtures, tailored lighting, private water closet, & a stylish walk-in.This high-end smart home is equipped w/Control4 automation, media, sound, & security systems, apps, multi-zone A/C, laundry room, custom architectural wood details, solar panels & linear mud-in diffusers. A rare gem, meticulously designed by architect Avi Galili, that embraces the pinnacle of quality w/a high-end conceptual experience, in one of LA's hottest enclaves, surrounded by renowned fine dining, shopping, & entertainment. CALL TO RESERVE YOUR EXCLUSIVE SHOWING!

Listed by Aero Malka | BRE #01963805 | Coldwell Banker Realty
Last checked: 3 minutes ago | Last updated: August 8th, 2023 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
6,999
HOA Dues
$0/mo
Year built
2023
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
23279911
City
Los Angeles
County
Los Angeles
Time on Site
319 days

Virtual Tour

Use the following link to view this property's virtual tour:


Property Details for 513 N Martel Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Fireplace(s), Zoned
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, Individual Room
Fireplace Information
  • Has Fireplace
  • Dining Room, Fire Pit, Free Standing, Great Room, Master Retreat
Room Information
  • Bonus Room, Dressing Area, Family Room, Great Room, Guest/Maid's Quarters, Living Room, Master Bathroom, Recreation, Retreat, Walk-In Closet, Entry
Kitchen Information
  • Has Appliances
  • Barbecue, Dishwasher, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
Bathroom Information
  • # of Baths (Full): 5
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Exterior Features
Exterior Information
  • Has Spa
  • Spa Features: In Ground
Exterior Features
  • Pool Features: In Ground
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Direct Garage Access, Concrete, Side by Side, Private
Property Information
  • Has View
  • View: Hills, Mountain(s)
  • Common Walls: No Common Walls
  • Parcel Number: 5526024009
  • Year Built Source: Builder
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: North of Beverly Blvd, South of Melrose Ave.
View more facts & features

Local Los Angeles Agent

Loading...

Sale History for 513 N Martel Ave

Last sold for $4,850,000 on August 8th, 2023
  • August, 2023

  • Aug 8, 2023

    Date

    Sold

    CRMLS: 23279911

    $4,850,000

    Price

  • Jun 26, 2023

    Date

    Active

    CRMLS: 23279911

    $4,895,000

    Price

  • June, 2021

  • Jun 22, 2021

    Date

    Expired

    CRMLS: 20671882

    $1,900,000

    Price

  • May 2, 2021

    Date

    Withdrawn

    CRMLS: 20671882

    $1,900,000

    Price

  • Dec 22, 2020

    Date

    Active

    CRMLS: 20671882

    $1,900,000

    Price

  • Listing provided courtesy of CRMLS

    Sold for land value only. Owner is in process of moving forward to tear the house down and build a new house. List price is not negotiable because anything less and owner would rather tear down and build a new house himself.

  • April, 2020

  • Apr 28, 2020

    Date

    Leased

    CRMLS: 20567512

    $6,400

    Price

  • Apr 20, 2020

    Date

    Pending

    CRMLS: 20567512

    $5,950

    Price

  • Mar 29, 2020

    Date

    Active

    CRMLS: 20567512

    $5,950

    Price

  • Listing provided courtesy of CRMLS

    Home for lease, available month-to-month. Furnished for $7500 or Unfurnished for $5950. This Spanish home features 5 bedrooms and 3 bathrooms. Conveniently located to many shops and restaurants. Home has a nice grassy yard and many bedrooms all one level. Easy to show, in person, over FaceTime, or by Zoom!

  • January, 2020

  • Jan 27, 2020

    Date

    Sold

    CRMLS: 19524276

    $1,650,000

    Price

  • Dec 13, 2019

    Date

    Pending

    CRMLS: 19524276

    $1,699,000

    Price

  • Dec 9, 2019

    Date

    Price Change

    CRMLS: 19524276

    $1,699,000

    Price

  • Nov 12, 2019

    Date

    Price Change

    CRMLS: 19524276

    $1,799,000

    Price

  • Oct 25, 2019

    Date

    Active

    CRMLS: 19524276

    $1,849,000

    Price

  • Listing provided courtesy of CRMLS

    Calling all developers! Property is being sold for Land Value only and as a tear down project.

  • January, 2020

  • Jan 27, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,650,000

    Price

  • October, 2005

  • Oct 20, 2005

    Date

    Sold (Public Records)

    Public Records

    $1,025,000

    Price

Show More

Tax History for 513 N Martel Ave

Assessed Value (2020): $1,405,471
Year Land Value Improved Value Assessed Value
2020 $1,024,643 $380,828 $1,405,471

Home Value Compared to the Market

This property vs the competition

513 N Martel Ave sold on August 8, 2023 for 311.34% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $1110.23 per/sqft which puts the price per square foot 47.05% higher than the current median sale per square foot for the city of Los Angeles.

About 513 N Martel Ave

Detailed summary of property

513 N Martel Ave is a single family home that recently sold in Los Angeles, CA 90036. This house offered 5 bedrooms, 5.5 bathrooms, roughly 4,409 living square feet, and sits on an approximately 6,999 square foot lot. 513 N Martel Ave was first listed on ArdentRealEstateGroup.com on June 26, 2023. The homeowner sold the property for $4,850,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 311.34% higher than the current median priced home. Local homes that are currently for sale include 316 N Edinburgh Ave, 316 N Edinburgh Ave and 133 N Edinburgh Ave. While the average home in Los Angeles, CA is selling in 93 days, 513 N Martel Ave has a days on market of 12 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 513 N Martel Ave Los Angeles, CA 90036 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 513 N Martel Ave

Public county record property details
Beds
5
Baths
3
Year built
1926
Sq. Ft.
2,556
Lot Size
6,999
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
419
APN
5526-024-009

The source for these homes facts are from public records.

90036 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,995,000
Median List Price/Sq.Ft.
$881
Median Sold Price
$1,685,000
Median Sold Price/Sq.Ft.
$739
Total Inventory
53
Median Sale to List Price %
102.81%
Avg Days on Market
22
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (0%), Other (9.09%)

Thinking of Selling?


Image Description
Is this your property?
Thinking of Selling?

Call, Text or Message

Related Resources to 513 N Martel Ave

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.