947 N Martel Avenue, Los Angeles, California 90046, Los Angeles, 90046 - 4 bed, 3 bath

947 N Martel Avenue, Los Angeles, California 90046 home-pic-0
ACTIVE UNDER CONTRACT$2,350,000
947 N Martel Avenue, Los Angeles, California 90046
4Beds
3Baths
1,716Sqft
6,988Lot
Year Built
1936
Close
-
List price
$2.35M
Original List price
$2.35M
Price/Sqft
$1,369
HOA
-
Days on market
-
Sold On
-
MLS number
25551979
Home ConditionExcellent
Features
Pool
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 26% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.35M(53th), sqft - 1716(29th), beds - 4(67th), baths - 3(50th).

Masterfully restored and steeped in Hollywood history, this extraordinary Art Deco residence by celebrated architect William Kesling exemplifies the pinnacle of Los Angeles' Streamline Moderne architecture. Originally commissioned in 1936 by iconic actor Wallace Beery, the home is revered as a standout of its style, showcasing Kesling's hallmark design elements sleek horizontal lines, nautical curves, and distinctive green banding. One of only fifteen surviving Kesling-designed single-family homes, this property is proudly recognized as Los Angeles Historic-Cultural Monument No. 1172. Privately tucked behind lush landscaping and a secure gate, the property exudes classic old-Hollywood glamour. An enchanting courtyard with an Art Deco tiled fountain and thoughtful greenery welcomes guests upon entry. Inside, visitors are greeted by a dramatic living and dining room featuring soaring ceilings and original clerestory casement windows, framing expansive views of the lush, hedged backyard, newly installed sparkling pool, and flat grass lawn. The sleek lines of the windows harmoniously contrast with the home's elegantly curved Streamline Moderne details. The newly restored dining area, complete with an upholstered banquette and integrated lighting, complements the original brick fireplace and built-in bookshelves, creating a warm, inviting space ideal for entertaining. Seamlessly designed for indoor-outdoor living, the backyard is an entertainer's paradise private, verdant, and architecturally captivating. The thoughtfully updated kitchen features top-of-the-line appliances and details carefully selected to maintain period authenticity, while simultaneously meeting contemporary needs. The primary bedroom is where the original details shine, with built-in cabinetry, shelving, and a custom platform bed and banquette with concealed storage. The front guest room offers built-in bookcases and large casement windows framing tranquil courtyard views, while the rear guest room overlooks the landscaped backyard and pool, enhanced by a custom closet. Both bathrooms have been meticulously restored, celebrating the original 1930s tilework. Beyond the expansive backyard is a newly built 312-square-foot ADU by LA-based Cover, inspired by Craig Ellwood and seamlessly complementing Kesling's curves. This sleek steel-structured studio includes an open-plan bedroom, kitchen, living area, built-in workspace, generous storage, and a luxurious bath featuring a walk-in shower and stacked washer-dryer. Floor-to-ceiling sliding glass doors ensure seamless backyard connectivity, while elegant, integrated LED lighting adds modern sophistication. This impeccably restored property offers a rare opportunity to own two architecturally significant structures with a pool in one of LA's most highly accessible and convenient locations.

Price History

Date
Event
Price
08/26/20
Sold
$1,585,000
08/25/20
Sold
$1,585,000
06/20/17
Sold
$1,600,000
12/29/11
Sold
$875,000
08/20/99
Sold
$449,000
Condition Rating
Excellent

Despite being built in 1936, this property has undergone a masterfully and impeccably extensive restoration, as highlighted by the description and images. The main house features a thoughtfully updated kitchen with top-of-the-line appliances and meticulously restored bathrooms that celebrate original 1930s tilework while being in pristine condition. The newly built 312 sqft ADU is modern and luxurious, including a new kitchen and bath. All visible components, from flooring to integrated lighting and the new pool, appear virtually new and meet current quality standards, indicating no deferred maintenance and extensive recent renovation.
Pros & Cons

Pros

Exceptional Architectural & Historical Significance: A masterfully restored William Kesling-designed Art Deco residence, a rare surviving example, commissioned by iconic actor Wallace Beery, and designated an LA Historic-Cultural Monument.
High-Quality Restoration with Modern Upgrades: The property has been impeccably restored, preserving period authenticity with original details while integrating top-of-the-line appliances and contemporary amenities in the kitchen and bathrooms.
Valuable & Architecturally Complementary ADU: Includes a newly built, architecturally significant 312 sqft ADU by LA-based Cover, offering versatile living space, potential rental income, and enhancing overall property value.
Luxurious Outdoor Entertainment Space: Features a newly installed sparkling pool, flat grass lawn, private hedged backyard, and an enchanting Art Deco tiled courtyard, ideal for seamless indoor-outdoor living and entertaining.
Prime & Convenient Los Angeles Location: Situated in one of LA's most highly accessible and convenient locations (West Hollywood Vicinity), offering desirable urban living.

Cons

Significant Price-to-Value Discrepancy: The listing price of $2.35M is considerably higher than the estimated property value of $1.73M, which may require strong justification to potential buyers based on standard market metrics.
Niche Architectural Style Appeal: While unique and celebrated, the distinct Art Deco/Streamline Moderne aesthetic may appeal to a more specific buyer demographic, potentially narrowing the market compared to more conventional styles.
Modest Main House Square Footage: The main residence's 1716 sqft (excluding the ADU) might be perceived as relatively compact for a 4-bedroom, 3-bathroom property at this luxury price point in the Los Angeles market.

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