515 N Martel Avenue
Los Angeles, CA, 90036
(No pictures available yet)
$4,695,000
MLS: 26822507
Beds
5
Baths
6
Sq Ft
4,096
Lot
0.13 ac
Year Built
2025
MLS #
26822507
Days on Market
3
Listed
May 8, 2026
Description
Welcome to paradise in this Mykonos inspired oasis in the heart of Beverly Grove, an organic residence that stands as a masterclass in sophisticated design and high-end craftsmanship. Ideally positioned in the cultural center of Los Angeles, the home immediately distinguishes itself with a sculptural spiral staircase that wraps around a mature live olive tree, rising toward a dramatic skylight that serves as a sun-drenched architectural core. Throughout the interior, a tactile palette of hand-applied plaster and travertine finishes meets contemporary curves and vaulted arches, cultivating an atmosphere that is as serene as it is cerebral. Floor-to-ceiling glass sliders dissolve the boundaries of the living space, opening entirely to a private, resort-style backyard where a pool, spa and built-in BBQ are curated for seamless, alfresco entertaining. A detached ADU offers a versatile footprint for a quiet home office, creative studio, or guest retreat, adding significant value to the estate. Upstairs, the primary suite acts as a private sanctuary light-filled refuge featuring dual walk-in closets and a spa-inspired bathroom, complemented by two additional guest suites. Complete with integrated smart-home technology and a two-car garage, this residence delivers high-design living in an unbeatable location, placing the city's most acclaimed dining, shopping and culture at your doorstep.
Location
Los Angeles, Los Angeles County, CA 90036
Open on Google Maps ↗Listed by: Or Brodsky · Compass
Payment estimate
$33,687
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $469,500 · Loan: $4,225,500
- Principal & Interest
- $26,736
- Property tax (1.25%)
- $4,891
- Homeowners insurance
- $300
- Mortgage insurance
- $1,761
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of May 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $164,325 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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