Active
4108 Marathon St
Los Angeles CA, 90029
$8,950,000
$365.01 per sqft
Active
34 Beds
30 Baths
24,520 sqft
Multi-family
Built in 1928
Built in 1928, the property features One Bedroom and Two Bedroom floorplans. Nineteen (19) of Thirty (30) units have been completely renovated, featuring stainless steel appliances, quartz countertops, stainless chrome designer fixtures, and hardware, new modern cabinetry, and wood-inspired flooring. Upper-Level units have views of the Hollywood sign, cityscape, and surrounding treetops. A separate entrance accesses an additional income generator in a Creative/Flex/Work Space - this space is currently unrented. The Marathon Apartments also provides access to attractive building amenities, such as an on-site laundry facility and a gated parking lot steps from the property. New owners will have the opportunity to renovate the remaining 11 units to achieve significant rental premiums. Electrical & Gas utilities are separately metered. The property is one block from Virgil Avenue, just named "LA's Coolest Street" by TimeOut Media. Virgil Village is known for its vibrant cafes, bars, and neighborhood scene. Marathon Apartments' strategic location between Santa Monica Boulevard and Sunset Boulevard offers even more restaurants and entertainment options. Assumable financing with 4 1/2 years remaining and +/- 44% down payment.
23-298543
MLSⓇ ID
August 7, 2023
Listed
September 20, 2023
Updated
Map
4108 Marathon St
Los Angeles CA, 90029
Interior Features
Total Stories
3
Bedrooms
34 Beds
Bathrooms
30 Baths
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.24 acres
Exterior Features
Other
Other Property Details
Days on Market
8
Garage
No
Parking
Parking Space
Parking Total
15
View
No
County
Los Angeles
Pool
No
Zoning
LARD1.5
Courtesy of Nick Astrupgaard with KW Commercial Studio City
Listing Contact:
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©2023 Combined L.A./Westside MLS. All rights reserved.
Data last updated 9/20/2023