ActiveTownhouse

843 N Martel Avenue 2

Los Angeles, CA, 90046

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$950,000

MLS: 26653663

Beds

3

Baths

3

Sq Ft

1,618

Lot

0.16 ac

Year Built

1988

MLS #

26653663

Days on Market

62

Listed

Feb 18, 2026

Description

Set in one of the most vibrant and pedestrian-friendly neighborhoods in Central Los Angeles, just moments from West Hollywood, this light-filled two-story townhome offers the ideal balance of energy and tranquility. Located within an intimate five-unit building on a quiet, tree-lined, family-friendly street, the home enjoys a rare sense of privacy while remaining close to beloved parks, neighborhood markets, and some of the area's most sought-after cafes and restaurants. Designed with both comfort and functionality in mind, all three bedrooms are thoughtfully situated upstairs, along with two full bathrooms, creating a private retreat separate from the main living areas. A convenient powder room is located on the first level for guests. The recently remodeled interior feels fresh and refined, ready for its next owner to move in and enjoy. Two patios front and rear invite abundant natural light and cross-ventilation, enhancing the home's airy ambiance and effortless indoor-outdoor flow. Additional highlights include an in-unit washer and dryer, two tandem parking spaces, and a dedicated assigned storage room within the garage. An exceptional opportunity to own a turnkey residence in a dynamic yet peaceful setting, this is a home designed to be enjoyed for years to come.

Location

Los Angeles, Los Angeles County, CA 90046

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Listed by: Bonnie Hyde · Coldwell Banker Realty

Payment estimate

$6,899

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $95,000 · Loan: $855,000

%
Principal & Interest
$5,253
Property tax (1.25%)
$990
Homeowners insurance
$300
Mortgage insurance
$356
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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 Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

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 $33,250 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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