tomo logo

$3,850,000

Beds
4
Baths
5.0
sq ft
4,712

630 N Martel Ave, Los Angeles, CA 90036

630 N Martel Ave

Los Angeles, CA 90036

  • 7 days on market
RARE EXPANSIVE BACKYARD OASIS IN THE MELROSE DISTRICT/BEVERLY GROVE AREA! Welcome to THE MARTEL, a modern masterpiece set on one of the largest and most private lots in the neighborhood. Designed for seamless indoor-outdoor living, this home boasts soaring ceilings, curated finishes, and Fleetwood pocket doors that open to a resort-style backyard. The lush, oversized yard is a true rarity, featuring mature trees for ultimate privacy, a stunning pool with waterfall features, a hot tub, fire pit, and a sprawling lawn reminiscent of a five-star retreat. Inside, a spectacular chef's kitchen with Miele appliances, a private office, and an en-suite bedroom anchor the main level. Upstairs, the primary suite offers a fireplace, spa-like bath, and dual walk-in closets. Equipped with state-of-the-art smart home technology and just moments from Melrose's vibrant scene, this urban sanctuary embodies the pinnacle of contemporary Los Angeles living.

Details

Property type

Single Family Residence

Est. home value

$4,556,810

Property condition

New Construction

Lot size

7,407 sq ft

Price per sq ft

$818

Year built

2016

HOA

No

Price History

03/20/2025
CLAW

CLAW #25514295

Listed
$3,850,000
-9.18%
03/26/2024
CLAW

CLAW #24347817

Removed
$4,239,000
01/16/2024
CLAW

CLAW #24347817

Listed
$4,239,000
+12.29%

Schools & Community

Neighborhood: 

Mid City West

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$779,002
Asking price
$3,850,000
Closing costs (~8% of asking)
-$308,000
Est. remaining loan balance
-$2,762,998
Cash to seller
$779,002

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

August 2021

Original loan amount

$3,000,000

Est. remaining balance

$2,762,998

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Mahnaz Bahaelou

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/28/2025 at 4:55 PM

Listing updated: 03/22/2025 at 5:30 PM

Listed by: Paola Tejada Lalinde, Christie's International Real Estate SoCal Phone #: (424) 249-7162

MLS: CLAW #25514295

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