1016 N Martel Avenue West Hollywood, CA $ 12,900,000
1016 N Martel Avenue
$ 12,900,000
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1016 N Martel Avenue

West Hollywood, CA, 90046
$ 12,900,000
Bedrooms31 Baths4.0 Sq 17,024

Monthly Estimate*

$ 79,428

Listed by Elite Properties Realty
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Multi-Family Home for sale in West Hollywood, CA

for $12,900,000 with 31 bedrooms and 4 full baths. This 17,024 square foot home was built in 2025 on a lot size of 0.3217.

We are pleased to exclusively represent Martel Heights, a newly built (2025) , stunning & modern Townhomes with private roof top decks in highly desirable West Hollywood location. This exceptional trophy property consists of six 3-bed. & den/3.5bth, three 3bed. /3bth & two 2bed. /2.5 bath multi-level units with their own cozy & private roof-top-decks. Each spacious and sleek residence offers a modern living-dining room featuring open designer kitchen with custom built cabinetry, quartz counter-tops, top-of-the line appliances including in-unit washer & dryer, recessed lighting & designer floors. Other notable features include a powder room, an amazing roof-top-deck & separate large balcony for some units complimenting this superb property. The building also has a recreational room/ gym, a subterranean gated parking area & separate storage space. A truly exclusive & coveted property perfect for indoor-outdoor California living! Prime location within close proximity to all stylish shops, restaurants and galleries. Martel Heights is an unprecedented modern Townhome Residence project with generous outdoor space in a highly coveted West Hollywood location. The modern architecture & design coupled with the prime location of this stunning property have attracted true connoisseurs& professionals to the building making it one of the most high-demand buildings in the area.

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Multi-Family Active

Price

$ 12,900,000

Bedrooms

31

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3217

Year Built

2025

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

26652473

Days on Market

38

Features
General
Living Area 17024
Heating Central
Cooling Central Air
Appliances Dishwasher Disposal Microwave Refrigerator Washer
Zoning WDR3C*
Year Built 2025
Tenant Pays Electricity Gas Other
Levels Multi/Split
Gross Income 776580
County Los Angeles
Net Operating Income 567456
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions S. of Santa Monica Blvd.; E. of Fairfax Ave.
City West Hollywood
Senior Community Y/N false
Number Of Units Total 11
MLS Area C10 - West Hollywood Vicinity
Lot Size Units Square Feet
Lot Size Square Feet 14012
Standard Status Active
Cap Rate 4.39
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Interior
Total Stories 3
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 31
Total Baths 32
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Exterior
Parking Features Underground Gated
Total Parking 27
Lot Size Area 14012
Number of Buildings 1
Building Area Total 17024
Lot Size Acres 0.3217
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* Excluded Features
List By
Elite Properties Realty

Broker

mazda@eliteproperty.com

Email

Affordability Calculator

$79,428
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Monthly Principal & Interest
$79,428
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/17/2026$12,900,000 Listed Price

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1016 N Martel Avenue, West Hollywood, CA, 90046 is a Multi-Family Home for sale at $12,900,000 with 17,024 sqft and a lot size of 0.3217. 1016 N Martel Avenue has 31 bedrooms, 4.0 baths, and was built in 2025. The property's zip code is 90046 which is in West Hollywood, CA