
1445 1/2 N Martel Ave Los Angeles, CA 90046
Hollywood NeighborhoodEstimated payment $7,752/month
Highlights
- New Construction
- Engineered Wood Flooring
- Den
- Panoramic View
- Great Room
- Built-In Features
About This Home
TURNKEY TOWNHOME ON THE WEST HOLLYWOOD BORDER - DELIVERED 100% VACANT. Discover a rare opportunity to acquire a brand-new construction townhomes in a premier Hollywood/West Hollywood location, just steps from Sunset Blvd and minutes to Runyon Canyon. This property offers immediate upside for both owner-users and multifamily investors seeking high-end rental properties in one of Los Angeles' most competitive submarkets. Located at 1445 N Martel Ave, this townhome can be purchased as a portfolio or individually and are delivered 100% vacant - perfect for lease-up or end-user occupancy. Built in 2021 with fully modern design and no deferred maintenance, each unit features 3 bedrooms, 2.5 bathrooms, and approximately 1,568 sq ft of living space. Premium amenities include private rooftop decks (350 sq ft) with panoramic city views, direct-entry 2-car garages per unit, premium finishes throughout, open floor plans, and turnkey condition. This type of opportunity doesn't come around often in this submarket - the combination of new construction, prime location, and vacancy delivery makes this a standout property.
Listing Agent
Lyon Stahl Investment Real Estate, Inc. License #02060040 Listed on: 05/19/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,014
Year Built
- Built in 2021 | New Construction
Lot Details
- 916 Sq Ft Lot
- Gated Home
- Property is zoned LAR3
HOA Fees
- $506 Monthly HOA Fees
Parking
- Attached Carport
Property Views
- Panoramic
- Skyline
- Views of a landmark
- Mountain
- Hills
Interior Spaces
- 1,586 Sq Ft Home
- 4-Story Property
- Built-In Features
- Ceiling Fan
- Great Room
- Dining Room
- Den
- Engineered Wood Flooring
- Alarm System
Kitchen
- Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Open Patio
Utilities
- Central Heating
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 5550-021-036
Map
Home Values in the Area
Average Home Value in this Area
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 | $15,014 | $1,269,900 | $459,000 | $810,900 |
2024 | $15,014 | $1,248,480 | $624,240 | $624,240 |
2023 | $14,721 | $1,224,000 | $612,000 | $612,000 |
2022 | $13,356 | $1,142,400 | $617,100 | $525,300 |
2021 | $6,451 | $545,663 | $195,580 | $350,083 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/16/2025 06/16/25 | For Rent | $6,500 | 0.0% | -- |
05/19/2025 05/19/25 | For Sale | $1,095,000 | -- | $690 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Trustee Deed | $1,368,619 | -- | |
Grant Deed | $1,200,000 | Chicago Title |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $1,215,000 | New Conventional |
Similar Homes in the area
Source: The MLS
MLS Number: 25542327

APN: 5550-021-036
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