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$ 2,395,000
Est. payment /mo
Price Dropped by $55K
4771 Marathon ST Los Angeles, CA 90029
17 Beds
12 Baths
8,256 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 8,256 sqft
Price per Sqft $290
MLS Listing ID 26647585
Bedrooms 17
HOA Y/N No
Year Built 1954
Lot Size 9,661 Sqft
Property Description
4771 Marathon Street presents a stabilized multifamily investment in East Hollywood with approximately 24% upside through continued rent growth and light operational enhancements. The asset delivers reliable in-place cash flow today, while below-market rents and low historical vacancy provide a clear, measured path to NOI expansion without sacrificing stability. Ownership has completed significant capital improvements, including updated walkways and stairways, the construction of two brand-new one-bedroom ADUs, and the renovation of roughly 70% of the original unitsresulting in streamlined operations, reduced near-term maintenance, and an attractive, easy-to-manage profile for the next owner.The property features a well-balanced unit mix of studios, one-bedroom, and two-bedroom units, including two newly delivered 1+1 ADUs, offering both income stability and long-term growth potential. Ideally located between Hollywood, Silver Lake, Los Feliz, and Koreatown, the asset benefits from strong renter demand driven by proximity to major employment centers, transit, and lifestyle amenities without the pricing premiums of more established submarkets. The surrounding area is supported by diverse employment driversentertainment, healthcare, education, and the creative economywhile East Hollywood's supply-constrained infill nature continues to support durable rental demand, long-term appreciation, and multiple value-add levers for future upside.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Appliance Dishwasher, Microwave, Refrigerator, Dryer, Washer
Exterior
Parking Features Driveway
Total Parking Spaces 6
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5535036012
Special Listing Condition Standard
Listed by Saadia 'Sam' Liberow Marcus & Millichap #01933858
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