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  • DESCRIPTION

    We are pleased to present 4056 & 4108 Marathon Street, a 30 unit apartment community plus a separate parcel providing parking, in one of L.A.'s most dynamic rental markets, Silver Lake / Virgil Village, CA (90029). 4108 Marathon Street, built in 1928, offers an exceptional unit composition featuring Twenty-Six (26) Large One Bedroom-One Bathroom and Four (4) Two Bedroom-One Bathroom apartment homes encompassing +/-24,520 square feet of improvements. The purchase also includes 4056 Marathon Street is a separate parcel included in the offering and provides 15 vehicle parking spaces. The parcel is zoned RD 1.5 in 4,250 SF of land. Parking lot improvements include new asphalt resurfacing, restriping and new gate/fencing. 4108 Marathon Street has undergone a gut-level renovation of Fifteen (15) of the Thirty (30) apartment homes (50% of units). **Please email listings agents for Full Offering Memorandum**

    KEY DETAILS
    • Price:
    • $9,950,000
    • Bedrooms:
    • 3
    • Square Footage:
    • 24,520
    • Acreage:
    • 0.24
    • Year Built:
    • 1928
    • MLS #:
    • 18350874
    • Street Address:
    • 4108 Marathon St
    • City:
    • Los Angeles
    • State:
    • CA
    • Postal Code:
    • 90029
    • County:
    • Los Angeles
    • Area:
    • Silver Lake
    • Listing Status:
    • For Sale - Active

    Building

    • Building Floors:
    • 3
    • Number Of Units:
    • 30
    • Square Footage Source:
    • Vendor Enhanced
    • Total # Of Buildings:
    • 1
    • Total Building Square Footage:
    • 24520
    • Unit1 Bedrooms:
    • 1
    • Unit2 Bedrooms:
    • 2
    • Year Built:
    • 1928

    Business

    • Adjusted Gross Income:
    • 616143.00
    • Net Operating Income:
    • 399160.00

    Land

    • Approximate Lot Size Range Source:
    • Vendor Enhanced
    • Conforms To Zoning:
    • Lard1.5
    • Lot Square Footage:
    • 10535

    Listing

    • Days On Market:
    • 164

    Money

    • Price Per Square Foot:
    • 405.79

    Structures

    • Parking Spaces:
    • 15
    • Parking Type:
    • Assigned, Parking Space, Private

    Source

    • Listing Provided By Adam Zunder of Keller Williams Studio City (DRE#: 01821053)

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    NOTES

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