NOT LISTED FOR SALE

631 N Martel Ave Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $3,663,000 - $4,657,000

4 Beds
4.5 Baths
4,122 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $3,700,000 $898 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $25,537/month

47 Days on Market

Highlights

  • Heated In Ground Pool
  • Living Room with Fireplace
  • Modern Architecture
  • City Lights View
  • Marble Flooring
  • No HOA

About This Home

As of November 2021

Secured behind two massive gates, hedged and privatized with state-of-the-art security, awaits this recently constructed (2017) home with grand volume and open floor plan! With 4 beds/4.5 baths, French Oak floors, marble stone finishes and smooth plaster walls, this fully appointed home is a gem! Eleven-foot Fleetwood pocket doors lead to a brand new surfaced pool, with inviting baja shelf, along with grassy yard and outdoor kitchen/BBQ equipped with fridge & ice maker, privatized with mature trees. This is the perfect oasis while being centrally located in one of Los Angeles's most central and convenient neighborhoods. Marble fireplaces, polished steel floating staircase and Calcutta Porcelain kitchen counters are just some of the luxurious features offered. Smart home technology, naturally bright and open make this home stand out from the rest.

Last Agent to Sell the Property

Jessica Pasternak

Compass License #01917205 Listed on: 09/08/2021

Compass

Last Buyer's Agent

Jian Gong

Keller Williams Realty Irvine License #01891691

Keller Williams Realty Irvine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,078

Year Built

  • Built in 2016 | Remodeled

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 45x140
  • East Facing Home
  • Gated Home
  • Property is zoned LAR1

Property Views

  • City Lights
  • Trees

Home Design

  • Modern Architecture

Interior Spaces

  • 4,122 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dressing Area

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Auto Driveway Gate

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5526-019-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,078

Year Built

Built in 2016 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Street Number Display: Yes
  • Exclusions: Certain light fixtures excluded
  • Living Area: 4122
  • Lot Acreage: 0.1446
  • Lot Dimensions: 45x140
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2016
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Wood, Marble, Mixed
  • Bedrooms: 4
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm, Family Room, Family Kitchen, Dining Area, In Kitchen, Kitchen Island, Living Room
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Den: 1
  • Equipment: Alarm System, Cable, Freezer, Barbeque, Dishwasher, Hood Fan, Refrigerator, Range/Oven
  • Price Per S Q F T: 885.25

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Pool Description: Heated, In Ground, Salt/Saline, Private
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City Lights, Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway Gate
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Exterior Security Lights, Gated, Smoke Detector, Prewired for alarm system, Carbon Monoxide Detector(s)

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5526-019-007
  • Lot Size Area: 6300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 26, 2021
Sold by
631 North Martel Avenue Llc
Bought by
Negishi Ted Mamoru and Sugata Ayako
Seller's Agent
Jessica Pasternak
Compass
Buyer's Agent
Jian Gong
Keller Williams Realty Irvine
List Price
$3,750,000
Sold Price
$3,700,000
Premium/Discount to List
-$50,000
-1.33%
Current Estimated Value
$4,136,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,377
Avg. Annual Appreciation
2.95%
Original Mortgage
$2,400,000
Outstanding Balance
$2,198,053
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,938,324

Purchase Details

Listed on
Oct 18, 2019
Closed on
Mar 3, 2020
Sold by
Rhone Sylvia M
Bought by
631 North Martel Avenue Llc
Seller's Agent
Timothy Enright
The Enright Company
Buyer's Agent
Jessica Pasternak
Compass
List Price
$3,750,000
Sold Price
$3,250,000
Premium/Discount to List
-$500,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$2,275,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2017
Closed on
Jan 9, 2017
Sold by
Parnes David
Bought by
Rhone Sylvia M
Seller's Agent
James Harris
Carolwood Estates
Buyer's Agent
James Harris
Carolwood Estates
List Price
$3,700,000
Sold Price
$3,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.11%
Original Mortgage
$2,960,000
Interest Rate
3.02%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 11, 2016
Sold by
Parnes David
Bought by
Parnes David and The David Parnes Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,945,000
Interest Rate
4.25%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 6, 2015
Sold by
Parnes David
Bought by
Parnes David and David Parnes Living Trust

Purchase Details

Closed on
Nov 26, 2014
Sold by
Benson James Cool
Bought by
Parnes David and Abnosi Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 20, 2010
Sold by
Dahlin Robert
Bought by
Benson James Cool and Dedman Kelly Lang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$746,169
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2003
Sold by
Berghoudian Carl
Bought by
Dahlin Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.6%

Purchase Details

Closed on
Jun 10, 2002
Sold by
Portnoy Barbara Kay and Barbara Kay Portnoy Revocable
Bought by
Berghoudian Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.71%

Purchase Details

Closed on
Jul 16, 1997
Sold by
Portnoy R Joyce R and Portnoy Barbara Kay
Bought by
Barbara Kay Portnoy Revocable Living Tr

Purchase Details

Closed on
Jun 9, 1995
Sold by
Copeland Portnoy R and Copeland Deborah Portnoy
Bought by
Portnoy R Joyce
Source: Public Records

Range of Values:

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Average Value
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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
Negishi Ted Mamoru $3,700,000 Lawyers Title Company
631 North Martel Avenue Llc $3,250,000 Equity Title Company
Rhone Sylvia M $3,700,000 None Available
Parnes David -- Chicago Title
Parnes David -- None Available
Parnes David -- Stewart Title
Benson James Cool $851,000 Fatcola
Dahlin Robert $590,000 Commonwealth Land Title Co
Berghoudian Carl $455,000 Commonwealth Land Title Co
Barbara Kay Portnoy Revocable Living Tr -- --
Portnoy R Joyce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Negishi Ted Mamoru $2,400,000
Previous Owner 631 North Martel Avenue Llc $2,275,000
Previous Owner Rhone Sylvia M $2,960,000
Previous Owner Parnes David $2,000,000
Previous Owner Parnes David $1,945,000
Previous Owner Parnes David $940,000
Previous Owner Benson James Cool $706,800
Previous Owner Benson James Cool $746,169
Previous Owner Dahlin Robert $250,000
Previous Owner Dahlin Robert $472,000
Previous Owner Berghoudian Carl $60,203
Previous Owner Berghoudian Carl $400,000
Closed Dahlin Robert $59,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $3,700,000 +1.4% $898 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/20/2021 09/20/21 Price Changed $3,649,000 -2.7% $885 / Sq Ft
09/08/2021 09/08/21 For Sale $3,750,000 +15.4% $910 / Sq Ft
03/19/2020 03/19/20 Sold $3,250,000 0.0% $788 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/17/2020 02/17/20 Price Changed $3,250,000 -9.7% $788 / Sq Ft
11/22/2019 11/22/19 Price Changed $3,599,000 -4.0% $873 / Sq Ft
10/18/2019 10/18/19 For Sale $3,750,000 +1.4% $910 / Sq Ft
02/15/2017 02/15/17 Sold $3,700,000 0.0% $898 / Sq Ft
02/14/2017 02/14/17 For Sale $3,700,000 -- $898 / 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 $38,078 $3,203,682 $1,783,564 $1,420,118
2024 $38,078 $3,140,866 $1,748,593 $1,392,273
2023 $57,895 $4,793,588 $1,714,307 $3,079,281
2022 $43,524 $3,700,000 $1,949,300 $1,750,700
2021 $39,039 $3,283,669 $1,685,179 $1,598,490
2020 $47,484 $3,926,467 $1,550,848 $2,375,619
2019 $45,567 $3,849,479 $1,520,440 $2,329,039
2018 $45,406 $3,774,000 $1,490,628 $2,283,372
2016 $14,400 $1,192,918 $954,335 $238,583
2015 $15,363 $1,175,000 $940,000 $235,000
2014 $10,949 $889,398 $711,519 $177,879
Source: Public Records

Agents Affiliated with this Home

  • Jessica Pasternak

    Seller's Agent in 2021

    Jessica Pasternak

    Compass

    (310) 720-1554

    2 in this area

    14 Total Sales

    Jessica Pasternak
    Section Image
  • Jian Gong

    Buyer's Agent in 2021

    Jian Gong

    Keller Williams Realty Irvine

    (714) 814-4664

    1 in this area

    189 Total Sales

    Jian Gong
    Section Image

  • R

    Buyer Co-Listing Agent in 2021

    Rui Zhang

    Realty One Group West

    (949) 387-0006

    1 in this area

    38 Total Sales

    Rui Zhang
    Section Image

  • T

    Seller's Agent in 2020

    Timothy Enright

    The Enright Company

    Section Image
  • Francisco Montes

    Seller Co-Listing Agent in 2020

    Francisco Montes

    Compass

    (310) 988-0057

    28 Total Sales

    Francisco Montes
    Section Image
  • James Harris

    Seller's Agent in 2017

    James Harris

    Carolwood Estates

    (310) 733-8038

    2 in this area

    210 Total Sales

    James Harris
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-778986

The MLS

APN: 5526-019-007

California Los Angeles County Los Angeles 90036 Melrose

631 N Martel Ave, Los Angeles, CA

This home is located at 631 N Martel Ave, Los Angeles, CA 90036 since 08 September 2021 and is currently estimated at $4,136,377, approximately $1,003 per square foot. This property was built in 2016. 631 N Martel Ave is a home located in Los Angeles County with nearby schools including Laurel Elementary, Fairfax High School, and Yeshiva Rav Isacsohn / Torath Em.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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