1015 N Martel Avenue

    West Hollywood, CA 90046
    • $1,650,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: 20568072
    UPDATED: 50 min ago
    $1,650,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    1015 N Martel Avenue is a development opportunity located in Los Angeles' highly coveted West Hollywood rental submarket just south of Santa Monica Blvd between N La Brea Avenue and N Fairfax Avenue, a location that attracts highend renters with close proximity to Los Angeles' most iconic restaurants, clubs, music venues, employment centers and retail amenities.The Subject property features a 7,009 SF lot, zoned WDR3B; opportunity for a developer to build 5 units by-right with the potential of 7 units by utilizing the city of West Hollywood's density bonus. The Subject site currently features a fourplex with existing income in-place. Providing an easy commute to job and educational opportunities as the subject property is located in the center of Beverly Hills, Downtown Hollywood, Los Angeles and is walking distance to the Metro Red Line. The subject property features a high walk score of 92 and is walking distance to countless amenities on Santa Monica Blvd, La Brea & Fairfax

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T16:29:32.68. 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 deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.

    www.socalrealtyexpert.com/homes/104711561

    1015 N Martel Avenue West Hollywood, CA 90046

    • Price: $1,650,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 20568072
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    C10 - West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    C10 - West Hollywood Vicinity
    Property Description
    1015 N Martel Avenue is a development opportunity located in Los Angeles' highly coveted West Hollywood rental submarket just south of Santa Monica Blvd between N La Brea Avenue and N Fairfax Avenue, a location that attracts highend renters with close proximity to Los Angeles' most iconic restaurants, clubs, music venues, employment centers and retail amenities.The Subject property features a 7,009 SF lot, zoned WDR3B; opportunity for a developer to build 5 units by-right with the potential of 7 units by utilizing the city of West Hollywood's density bonus. The Subject site currently features a fourplex with existing income in-place. Providing an easy commute to job and educational opportunities as the subject property is located in the center of Beverly Hills, Downtown Hollywood, Los Angeles and is walking distance to the Metro Red Line. The subject property features a high walk score of 92 and is walking distance to countless amenities on Santa Monica Blvd, La Brea & Fairfax
    Exterior Features

    Lot Size Source Assessor Lot Size Units Square Feet

    Property Features

    Special Listing Conditions Standard Zoning Wdr3b*

    Listing provided courtesy of Neema Ahadian of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-26T16:29:32.68. 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 deemed reliable but is not guaranteed accurate by the MLS or Robin McCann | EXIT Alliance Realty. Licensed in the State of California, USA.

     
    Robin McCann | EXIT Alliance Realty
    43521 Rige Park Drive, Suite 201
    Temecula CA, 92590