822 N MARTEL AVE
LOS ANGELES, CA 90046

First time on the market in 60 years. . R3 zone lot in a Prime location, with a 95 Walk score, located in the City of Los Angeles, one stop sign away from the City of West Hollywood, walkable to restaurants and shops on Melrose ave. The possibilities are endless here, multiple brand new projects have been completed on this block in the past few years. Either build luxury small lot subdivision or condos OR- take advantage of the affordable housing possibilities with ED 1 eligibility , with amazing parking concession Or- buy and Hold on to one of the last R3 lots in a prime location. It is very rare that you can find a property with options to pencil out BOTH luxury units and affordable housing. This home has always been occupied by the owner and no prior tenants. Check out 833 Martel and 829 Martel for recent notable new constructions on this block.

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