NOT LISTED FOR SALE

1308 N Martel Ave Los Angeles, CA 90046

Hollywood Neighborhood

Estimated Value: $1,621,000 - $1,920,645

2 Beds
1 Bath
1,489 Sq Ft
$1,143/Sq Ft Est. Value

Last Sold April 04, 2025

Last sale price $1,650,000 $1,108 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,157/month

3 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 3-minute walk to Plummer Park
  • Fireplace

About This Home

As of April 2025

The subject property is a single-story 1,489 sq. ft. home with 2 bedrooms/ 1.5 bath single family residence sitting on a 6.649 sq. ft. of land. Has a detached garage. The property has an R3 zoning. It is located in the highly sought after area of West Hollywood, just right above Fountain Ave. It offers an excellent development opportunity for a savvy investor. To be sold along with neighboring property 7317 Fountain Ave totaling a lot seize of 13,693 sqft. Property has potential to build ADUs as well.

Last Agent to Sell the Property

Gary Mkrtichyan

Global Capital Advisors, Inc. Brokerage Phone: 818-939-8855 License #01955014 Listed on: 01/13/2025

Last Buyer's Agent

Jordan Asheghian

Lyon Stahl Investment Real Estate, Inc. License #01886605

Lyon Stahl Investment Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,776

Year Built

  • Built in 1920

Lot Details

  • 6,651 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR3

Parking

  • 1 Car Garage

Interior Spaces

  • 1,489 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 59
  • Tax Tract Number 2
  • Assessor Parcel Number 5550019019
  • $282 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,776

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5550019019
  • Year Built: 1920
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1489.00 Square Feet
  • Stories: 1
  • Entry Location: Martel
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1108.13

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6651.00
  • Lot Size Acres: 0.1527

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6651.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1899.07
  • Tax Lot: 59
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 282.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Mar 3, 2025
Sold by
2021 Whittemore Trust and Whittemore Linda G
Bought by
Fountain Martel Investments Llc
Seller's Agent
Gary Mkrtichyan
Global Capital Advisors, Inc.
Buyer's Agent
Jordan Asheghian
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,650,000
Sold Price
$1,650,000
Views
19
Current Estimated Value
$1,701,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,661
Avg. Annual Appreciation
1.86%
Original Mortgage
$1,200,000
Outstanding Balance
$1,200,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$458,516

Purchase Details

Closed on
Apr 22, 2021
Sold by
Whittemore Donald H and Whittemore Linda G
Bought by
Whittemore Donald H and Whittemore Linda G

Purchase Details

Closed on
Jan 14, 1997
Sold by
Whittemore Donald H
Bought by
Whittemore Donald H and Whittemore Linda G
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fountain Martel Investments Llc $3,300,000 Chicago Title Company
Whittemore Donald H -- Accommodation
Whittemore Donald H -- Accommodation
Whittemore Donald H -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fountain Martel Investments Ll $1,200,000
Closed Fountain Martel Investments Llc $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $1,650,000 0.0% $1,108 / Sq Ft
01/13/2025 01/13/25 For Sale $1,650,000 -- $1,108 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $20,776 $1,708,544 $1,124,880 $583,664
2023 $20,373 $1,675,044 $1,102,824 $572,220
2022 $19,422 $1,642,200 $1,081,200 $561,000
2021 $1,323 $89,856 $79,018 $10,838
2020 $1,332 $88,935 $78,208 $10,727
2019 $1,289 $87,192 $76,675 $10,517
2018 $1,249 $85,483 $75,172 $10,311
2016 $1,183 $82,165 $72,254 $9,911
2015 $1,169 $80,932 $71,169 $9,763
2014 $1,185 $79,347 $69,775 $9,572
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2025

    Gary Mkrtichyan

    Global Capital Advisors, Inc.

    (818) 649-1293

    2 in this area

    8 Total Sales

    Gary Mkrtichyan
    Section Image
  • Jordan Asheghian

    Buyer's Agent in 2025

    Jordan Asheghian

    Lyon Stahl Investment Real Estate, Inc.

    (310) 424-7024

    3 in this area

    9 Total Sales

    Jordan Asheghian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24220717

California Regional Multiple Listing Service (CRMLS)

APN: 5550-019-019

California Los Angeles County Los Angeles 90046 Hollywood

1308 N Martel Ave, Los Angeles, CA

This home is located at 1308 N Martel Ave, Los Angeles, CA 90046 since 13 January 2025 and is currently estimated at $1,701,661, approximately $1,142 per square foot. This property was built in 1920. 1308 N Martel Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Fairfax High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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