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$ 2,395,000
Est. payment /mo
Active
4771 Marathon Street Los Angeles, CA 90029
8,256 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 8,256 sqft
Price per Sqft $290
MLS Listing ID CL26647585
HOA Y/N No
Year Built 1954
Lot Size 9,660 Sqft
Acres 0.22
Property Sub-Type Other
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 Hol
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Heating Wall Furnace
Fireplace No
Appliance Dryer
Laundry Dryer, Washer
Building
New Construction No
Others
Tax ID 5535036012
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Listed by Saadia 'Sam' Liberow • Marcus & Millichap
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