4771 Marathon St, Los Angeles, CA 90029
4771 Marathon St, Los Angeles, CA 90029
4771 Marathon St, Los Angeles, CA 90029
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,395,000
Est. payment /mo
17 Beds
12 Baths
8,256 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,256 sqft

Price per Sqft $290

MLS Listing ID 26647585

Bedrooms 17

Year Built 1954

Lot Size 9,660 Sqft

Acres 0.2218

Property Sub-Type Multi-Family

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 Hollywood

Zoning LARD1.5

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment Refrigerator, Dishwasher, Microwave, Washer, Dryer

Laundry Laundry Area, In Unit

Exterior

Parking Features Driveway

Garage Spaces 6.0

Roof Type Flat

Building

Story 2

Level or Stories Multi/Split

Structure Type Stucco

Others

Special Listing Condition Standard


Read Less Info
TheMLS (CLAW)
Listed by Marcus & Millichap

Nearby Locations

GET MORE INFORMATION

Ever Banuelos
Ever Banuelos

Team Leader | License ID: 01945384

+1(323) 833-9824 | ever.banuelos@gmail.com

Name
Phone*
Message