1445 1/4 - 1447 N Martel Ave, Los Angeles, CA 90046

For Sale: New Construction Townhome Portfolio | 1445 N Martel Ave, Los Angeles, CA 90046

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Three Turnkey Townhomes on the West Hollywood Border – Delivered 100% Vacant

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Discover a rare opportunity to acquire three brand-new construction townhomes in a premier Hollywood / West Hollywood location, just steps from Sunset Blvd and minutes to Runyon Canyon. This trophy portfolio offers immediate upside for both owner-users and multifamily investors seeking high-end rental properties in one of Los Angeles’ most competitive submarkets.

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Property Highlights

• Address: 1445 N Martel Ave, Los Angeles, CA 90046
• Three adjacent townhomes – can be purchased as a portfolio or individually
• Delivered 100% vacant – perfect for lease-up or end-user occupancy
• Built in 2021 – fully modern design, no deferred maintenance
• Each unit: 3 bedrooms, 2.5 bathrooms, approx. 1,568 sq ft
• Private rooftop decks (350 sq ft) with panoramic city views
• Direct-entry 2-car garages per unit
• Premium finishes, open floor plans, and turnkey condition

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Investment Snapshot

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• Offered at: $3,285,000 for the full portfolio
• Asking Price Per Square Foot: ~$698/SF
• Estimated Market Rent: $84,000 per home / $252,000 total
• Projected Cap Rate: ~5.5%
• No capital expenditure required* – ready for immediate occupancy or rental

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Unbeatable Location

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• Situated between Sunset Blvd and Fountain Ave
• Walkable to West Hollywood, Sunset Strip nightlife, top-rated restaurants, gyms, and cafés
• Short drive to Runyon Canyon, Hollywood Blvd, The Grove, Beverly Hills, and more
• Located in one of Los Angeles’ most desirable rental markets

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Why This Deal Stands Out

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• Turnkey new construction homes for sale in a low-supply submarket
• High rental demand, strong comps, and rapid lease-up potential
• One of the only multifamily portfolios for sale in West Hollywood that is 100% vacant and move-in ready
• Qualifies for 1031 Exchange or long-term hold strategy
• Extremely low price per unit and per square foot for 2021-built product in the area

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*buyer to verify

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For more information and to schedule a viewing, please contact:

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Freddie Gershinson: 818.205.4254

Taylor Avakian: 916.996.4421

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