NOT LISTED FOR SALE

118 N Martel Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $1,794,000 - $1,982,000

3 Beds
2.5 Baths
2,121 Sq Ft
$898/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $1,720,000 $811 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $10,952/month

74 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Den
  • Hancock Park Elementary Rated 9+
  • No HOA
  • Breakfast Area or Nook

About This Home

As of March 2021

Single story Miracle Mile traditional w/ 3 beds + 2 baths on an extra deep 8228 sq ft lot on popular Martel Ave! Center hall opens to large formal living room w/ many windows + a gas/wood fireplace on one side, & generous formal dining room on the other. Freshly stained cherrywood cabinets + new tile floors in kitchen w/ abundant storage & built in breakfast nook. SS appliances include double sink, fridge/freezer, brand new range + microwave. Master bedroom opens to backyard, has a large walk-in closet, & shares a bath w/ another bedroom. 3rd bed is en-suite. Laundry room has service entrance to outside. Extra deep grassy yard w/ so much room for a pool. Garage w/ second floor can potentially be converted & used as living space. Upgraded electrical + plumbing (2013). Foundation work + upgrades (2013). Central HVAC. New refinished hardwood floors throughout (2020). Centrally located w/ easy access to The Farmers Market, The Grove, and many shops + restaurants. Move-right-in condition

Last Agent to Sell the Property

Sheri Bienstock

The Bienstock Group License #01746994 Listed on: 12/08/2020

Last Buyer's Agent

Alexis Valentin Ramos

Sotheby's International Realty License #01272006

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,882

Year Built

  • Built in 1926

Lot Details

  • 8,228 Sq Ft Lot
  • Lot Dimensions are 50x165
  • West Facing Home
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,121 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Powder Room
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5512-014-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,882

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Single story Miracle Mile traditional w/ 3 beds + 2 baths on an extra deep 8228 sq ft lot on popular Martel Ave! Center hall opens to large formal living room w/ many windows + a gas/wood fireplace on one side, & generous formal dining room on the other. Freshly stained cherrywood cabinets + new tile floors in kitchen w/ abundant storage & built in breakfast nook. SS appliances include double sink, fridge/freezer, brand new range + microwave. Master bedroom opens to backyard, has a large walk-in closet, & shares a bath w/ another bedroom. 3rd bed is en-suite. Laundry room has service entrance to outside. Extra deep grassy yard w/ so much room for a pool. Garage w/ second floor can potentially be converted & used as living space. Upgraded electrical + plumbing (2013). Foundation work + upgrades (2013). Central HVAC. New refinished hardwood floors throughout (2020). Centrally located w/ easy access to The Farmers Market, The Grove, and many shops + restaurants. Move-right-in condition
  • Living Area: 2121
  • Lot Acreage: 0.1889
  • Lot Dimensions: 50x165
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas and Wood, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Dual Entry (Jack & Jill) Bath, Remodeled, Shower Over Tub, Shower and Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Built-Ins, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 895.33

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 5512-014-022
  • Lot Size Area: 8228

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Feb 10, 2021
Sold by
Meraj Jubin
Bought by
Reynolds Adam and Latronica Thomas
Seller's Agent
Sheri Bienstock
The Bienstock Group
Buyer's Agent
Alexis Valentin Ramos
Sotheby's International Realty
List Price
$1,899,000
Sold Price
$1,720,000
Premium/Discount to List
-$179,000
-9.43%
Current Estimated Value
$1,904,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,530
Avg. Annual Appreciation
3.77%
Original Mortgage
$1,376,000
Outstanding Balance
$1,236,286
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$791,291

Purchase Details

Listed on
Jan 9, 2013
Closed on
Feb 25, 2013
Sold by
Kantz Natalie N
Bought by
Meraj Jubin
Seller's Agent
Dave Silverstein
New Frontier Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$997,000
Sold Price
$1,130,000
Premium/Discount to List
$133,000
13.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$900,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2013
Closed on
Feb 13, 2013
Sold by
Hsbc Bank Usa National Association
Bought by
Meraj Jubin
Seller's Agent
Dave Silverstein
New Frontier Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$997,000
Sold Price
$1,130,000
Premium/Discount to List
$133,000
13.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Chang Leo J and Chang Steve Sunggill
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Apr 27, 2005
Sold by
Oveross Greg and Estate Of Elizabeth Lewis
Bought by
Chang Steve Sunggill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reynolds Adam $1,720,000 Provident Title Company
Meraj Jubin -- First American Title Company
Meraj Jubin $1,125,000 First American Title Company
Hsbc Bank Usa National Association $1,140,557 None Available
Chang Steve Sunggill $1,105,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Adam $200,000
Open Reynolds Adam $1,376,000
Previous Owner Meraj Jubin $300,000
Previous Owner Meraj Jubin $83,000
Previous Owner Meraj Jubin $900,000
Previous Owner Chang Steve Sunggill $165,000
Previous Owner Chang Leo J $1,000,000
Previous Owner Chang Steve Sunggill $150,000
Previous Owner Chang Steve Sunggill $80,000
Previous Owner Chang Steve Sunggill $884,000
Closed Chang Steve Sunggill $55,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $1,720,000 -9.4% $811 / Sq Ft
02/20/2021 02/20/21 Pending -- -- --
12/08/2020 12/08/20 For Sale $1,899,000 +68.1% $895 / Sq Ft
03/05/2013 03/05/13 Sold $1,130,000 +13.2% $533 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
01/14/2013 01/14/13 Price Changed $997,900 +0.1% $470 / Sq Ft
01/09/2013 01/09/13 For Sale $997,000 -- $470 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,882 $551,800 $441,000 $110,800
2024 $6,882 $551,800 $441,000 $110,800
2023 $6,884 $551,800 $441,000 $110,800
2022 $6,698 $551,800 $441,000 $110,800
2021 $6,732 $551,800 $441,000 $110,800
2020 $5,571 $444,000 $178,000 $266,000
2019 $5,353 $444,000 $178,000 $266,000
2018 $5,503 $444,000 $178,000 $266,000
2016 $5,453 $444,000 $178,000 $266,000
2015 $5,454 $444,000 $178,000 $266,000
2014 $5,585 $1,130,107 $904,086 $226,021
Source: Public Records

Agents Affiliated with this Home

  • Sheri Bienstock

    Seller's Agent in 2021

    Sheri Bienstock

    The Bienstock Group

    (323) 310-2525

    40 in this area

    215 Total Sales

    Section Image
  • Alexis Valentin Ramos

    Buyer's Agent in 2021

    Alexis Valentin Ramos

    Sotheby's International Realty

    (310) 867-4404

    6 in this area

    21 Total Sales

    Section Image
  • Dave Silverstein

    Seller's Agent in 2013

    Dave Silverstein

    New Frontier Realty

    (310) 739-0068

    12 Total Sales

    Section Image

  • S

    Buyer's Agent in 2013

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 20-654412

The MLS

APN: 5512-014-022

California Los Angeles County Los Angeles 90036 Melrose

118 N Martel Ave, Los Angeles, CA

This home is located at 118 N Martel Ave, Los Angeles, CA 90036 since 08 December 2020 and is currently estimated at $1,904,530, approximately $897 per square foot. This property was built in 1926. 118 N Martel Ave is a home located in Los Angeles County with nearby schools including Hancock Park Elementary, John Burroughs Middle School, and Fairfax High School.

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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