Classic Mid-Century 8-Unit Apartment
For Sale
$2,485,000
1433 N Martel Ave, Los Angeles, CA 90046
Rare 1957 classic, first time on market since construction.
Property Size6,204 SF
Lot Size0.16 Acres
Days on Market156
Property Features for 1433 N Martel Ave
General Information
Standard status
Active
Size
6,204 SF
Lot size
0.16 Acres
Property subtype
Investment
Building Details
Building Size
6,204 SF
Year Built
1957
Stories
2
Units
8
Listing Agency:
(626) 826-3333
Listed By:
Michael Herbert · License #02047905
(626) 826-3333
Source:
Elliman
Added: Mar 11
Changed: Aug 12
Last Checked: Aug 12 at 9:44AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michael Herbert
Investment Insights
Based on property information with market context.
This two-story, eight-unit apartment building, a classic example of mid-century Dingbat style architecture, is being offered for sale for the first time since its construction in 1957. Each unit includes a private balcony, and the rear two-bedroom unit features a private backyard. The property provides covered carport parking and on-site laundry for tenant convenience. A notable feature is the original 1950s Youngstown Kitchens, which include powder-coated steel cabinetry. The building is fully compliant with California's Earthquake Retrofit Mandate. Located in a desirable rental market with good walkability and transit access, this property presents a value-add opportunity for investors or preservation-minded buyers.
Key Highlights
- Rare opportunity: First time on the market since 1957, offering a unique chance to own a piece of Los Angeles history.
- Classic mid‑century architecture: An iconic Dingbat‑style 8‑unit building with retro appeal and clean geometric lines.
- Earthquake retrofit compliance: Fully compliant with California's Earthquake Retrofit Mandate, ensuring structural security.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,151
Businesses Nearby
Explore this area
Business Placement
Demographics for 90046, CA
49,987
Population
31,929
Households
1.6
Avg Household Size
39
Median Age
63%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
8,770
Density / Sq Mi
$94,259
Median Household Income
$65,607
Median Earnings
$2,204
Median Rent
$1,411,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Rare 1957 classic, first time on market since construction.
Where is this apartment building located?
The property is located at 1433 N Martel Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,485,000.
What are key features of this property?
This property features: Rare opportunity: First time on the market since 1957, offering a unique chance to own a piece of Los Angeles history.; Classic mid‑century architecture: An iconic Dingbat‑style 8‑unit building with retro appeal and clean geometric lines.; Earthquake retrofit compliance: Fully compliant with California's Earthquake Retrofit Mandate, ensuring structural security.
