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630 N Martel Avenue, Los Angeles, California 90036, Los Angeles, 90036 - 5 bed, 5 bath

630 N Martel Avenue, Los Angeles, California 90036 home-pic-0
ACTIVE$3,850,000
630 N Martel Avenue, Los Angeles, California 90036
5Beds
5Baths
4,712Sqft
7,407Lot
Year Built
2016
Close
-
List price
$3.85M
Original List price
$3.85M
Price/Sqft
$817
HOA
-
Days on market
-
Sold On
-
MLS number
25530229
Home ConditionExcellent
Features
Good View: City Lights
Pool
Spa
Patio
ViewCity Lights

About this home

We found 3 Cons,5 Pros. Rank: price - $3.85M(94th), sqft - 4712(96th), beds - 5(68th), baths - 5(66th).

Whether you're seeking a premier turnkey investment or the perfect place to call home, 630 N Martel awaits. Offered fully furnished with existing bookings, professional management, and a coveted STR permit, this exceptional property delivers both luxury living and strong cash flow potential. Modern Luxury Meets Rare Outdoor Living in Beverly Grove. Welcome to THE MARTEL, a striking contemporary masterpiece set on one of the largest and most private lots in the area. This fully gated and private residence features 5 bedrooms plus a spacious bonus room, providing ample space for both comfortable living and entertaining. Designed with seamless indoor-outdoor living in mind, this home boasts soaring ceilings, exquisite finishes, and Fleetwood pocket doors that open to a lush backyard retreat. Enjoy total privacy with tall hedges and no neighbors in sighta rare offering in the heart of the city. The outdoor space is ideal for relaxation or hosting, featuring a sparkling pool, spa, fire pit, and expansive lawn for a true resort-style experience. The open-concept chef's kitchen is equipped with state-of-the-art Miele appliances, while a dedicated office and en-suite guest bedroom on the main level offer flexibility for today's lifestyle. Upstairs, the spacious primary suite is a true sanctuary, complete with a cozy fireplace, spa-like bath, and dual walk-in closets. Fully equipped with smart home technology throughout, this residence delivers the pinnacle of modern LA living. Just minutes from the best dining, shopping, and nightlife the city has to offer, THE MARTEL is more than a home it's a lifestyle.

Nearby schools

7/10
Hancock Park Elementary School
Public,•K-5•1.1mi
8/10
Third Street Elementary School
Public,•K-5•1.2mi
2/10
Vine Street Elementary School
Public,•K-6•1.4mi
3/10
Laurel Elementary School
Public,•K-8•0.8mi
7/10
John Burroughs Middle School
Public,•6-8•1.5mi
7/10
Fairfax Senior High School
Public,•9-12•0.6mi

Price History

Date
Event
Price
09/16/21
Sold
$3,775,000
08/15/19
Sold
$3,850,000
07/10/17
Sold
$3,750,000
12/29/16
Sold
$3,300,000
08/18/15
Sold
$1,300,000
Condition Rating
Excellent
This property, built in 2016, is only 8 years old and presents as a 'striking contemporary masterpiece' with 'exquisite finishes' and 'state-of-the-art Miele appliances' in the kitchen. The images confirm a highly modern aesthetic throughout, including a sleek kitchen with integrated appliances and luxurious, spa-like bathrooms featuring contemporary fixtures, floating vanities, and unique lighting. The property boasts smart home technology, modern flooring (marble-look tile and wide plank wood), and appears to be in pristine, move-in ready condition with no visible deferred maintenance, aligning perfectly with the 'Excellent' criteria for a property built within 10 years.
Pros & Cons

Pros

Turnkey Investment Opportunity: The property is offered fully furnished with existing bookings, professional management, and a coveted Short-Term Rental (STR) permit, providing immediate strong cash flow potential for investors.
Modern Architectural Masterpiece: A striking contemporary design built in 2016, featuring soaring ceilings, exquisite finishes, state-of-the-art Miele appliances, and integrated smart home technology, representing the pinnacle of modern LA living.
Unparalleled Outdoor Living & Privacy: Situated on one of the largest and most private lots in the area, fully gated with tall hedges, offering a lush backyard retreat with a sparkling pool, spa, fire pit, and expansive lawn for resort-style relaxation and entertaining.
Seamless Indoor-Outdoor Integration: Designed with Fleetwood pocket doors that effortlessly connect the interior living spaces to the private outdoor oasis, enhancing the California lifestyle experience.
Prime Beverly Grove Location: Located in the highly desirable Beverly Grove area, just minutes from the city's best dining, shopping, and nightlife, offering convenience and a vibrant urban lifestyle.

Cons

High Ongoing Maintenance Costs: The extensive luxury amenities, including a pool, spa, smart home technology, and professional management (if continued by a new owner), will likely incur significant ongoing maintenance and operational expenses.
Limited Immediate Personalization for Primary Residents: Being offered fully furnished with existing bookings and professional management, the property may not appeal to buyers seeking immediate personal occupancy or the opportunity to furnish and customize their primary residence from day one.
Specific Design Aesthetic: The 'striking contemporary masterpiece' design, while high-end, caters to a specific taste and might not appeal to all luxury buyers, potentially limiting the pool of interested primary homeowners who prefer different architectural styles.

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