517 N Martel Ave, Los Angeles, CA 90036
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517 N Martel Ave Los Angeles, CA 90036

$1,432,000 Sold Price as of 01/08/2024
  • 3 Beds
  • 1 Baths
  • 1,210 Sq.Ft.
Sold
$1,432,000 Sold Price as of 01/08/2024 Refinance Your Mortgage

Map preview of 517 N Martel Ave, Los Angeles, CA 90036

Property Overview: 517 N Martel Ave Los Angeles, CA has 3 bedrooms, 1 bathrooms, 1,210 living square feet and 5,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: CHARMING SPANISH IN EXCELLENT FARFAX VILLAGE VICINITY. This two bedroom one and a half bath home in a prime location is ideal for an owner/user looking to remodel, or for an investor as an incredible development opportunity. The property features a generous living room with hardwood floors, newer wiring, central A/C, and an enclosed private yard with a detached garage. Located in a highly sought after location, this property provides tremendous upside potential.

Listed by Mark Reavis | BRE #01197741 | Compass
Co-listed by Allison Schwarz | BRE #01878458 | Compass
Last checked: 15 minutes ago | Last updated: January 9th, 2024 | Source CRMLS | DOM: 40

Home details

Lot Sq. Ft
5,600
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
23272677
City
Los Angeles
County
Los Angeles
Time on Site
332 days

Property Details for 517 N Martel Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Wood, Laminate
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 0
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 1
  • Has Parking
  • Parking Features: Garage - Single Door
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Parcel Number: 5526024008
  • Architectural Style: Spanish
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: East of Fairfax, West of LA Brea, North of Beverly, South of Melrose
View more facts & features

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Sale History for 517 N Martel Ave

Last sold for $1,432,000 on January 8th, 2024
  • January, 2024

  • Jan 8, 2024

    Date

    Sold

    CRMLS: 23272677

    $1,432,000

    Price

  • May 19, 2023

    Date

    Active

    CRMLS: 23272677

    $1,599,000

    Price

Tax History for 517 N Martel Ave

Assessed Value (2020): $177,862
Year Land Value Improved Value Assessed Value
2020 $127,147 $50,715 $177,862

Home Value Compared to the Market

This property vs the competition

517 N Martel Ave sold on January 8, 2024 for 34.37% 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 $1321.49 per/sqft which puts the price per square foot 75.03% higher than the current median sale per square foot for the city of Los Angeles.

About 517 N Martel Ave

Detailed summary of property

517 N Martel Ave is a single family home that recently sold in Los Angeles, CA 90036. This house offered 3 bedrooms, 1 bathrooms, roughly 1,210 living square feet, and sits on an approximately 5,600 square foot lot. 517 N Martel Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $1,432,000. 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 34.37% higher than the current median priced home. Local homes that are currently for sale include 6728 W Hepburn Way, 1203 N Garbo Ln and 1424 N Jonah Ln. While the average home in Los Angeles, CA is selling in 96 days, 517 N Martel Ave has a days on market of 40 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 517 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 517 N Martel Ave

Public county record property details
Beds
3
Baths
1
Year built
1924
Sq. Ft.
1,210
Lot Size
5,599
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
418
APN
5526-024-008

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
$1,998,000
Median List Price/Sq.Ft.
$900
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%)

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Related Resources to 517 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.