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Los Angeles, CA 90038 5229 Marathon Street

$1,995,000

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Presented By: Alex Galuz with Keller Williams Realty Calabasas;
  • MLS# 24358531
  • 02/15/2024
  • Request Tour
  • Request Info
  • BedBeds • 8
  • BathBaths • 8
  • FootageSQFT • 6,320
  • GarageGarage • 1

Home Details

Gorgeous French Normandie designed 8 unit apartment building in Prime Hollywood . Walking Distance to Paramount Studios and very close to public transportation . Larchmont Village and the Koreatown eateries are also a short stroll away . Located and on a quiet tree lined street on a large corner lot, the building has been well cared for and has 3 units with modern updates, leaving 5 units for future upside. There is ample parking in the rear and room to add ADU's. 5 cap day one with upside . This is a fantastic deal. *** Also in Opportunity Zone ****
Presented By: Alex Galuz with Keller Williams Realty Calabasas;

Interior Features for 5229 Marathon Street

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths8

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Street SuffixStreet
Total Stories2

General for 5229 Marathon Street

Additional Parcels Y/NNo
AppliancesDishwasher, Disposal, Microwave
Attached Garage No
Cap Rate5.0
Carport Y/NYes
CityLos Angeles
CoolingHeatPump, WallWindowUnits
CountyLos Angeles
Days on Market8
DirectionsWestern and Santa Monica Blvd
Garage Y/NNo
Gross Income151800.0
HOA / Comm AssnNo
HeatingHeatPump, NaturalGas, WallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet8418.0
MLS AreaC20 - Hollywood
MobileHomeRemainsYNNo
Net Operating Income102000.0
New ConstructionNo
Private PoolNo
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameMarathon
Total Units8
View Y/NNo
Waterfront Y/NNo
Year Built1939
ZoningLARD1.5

Exterior for 5229 Marathon Street

Building Area Total6320.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions67x125
Lot Size Acres0.1933
Lot Size Area8418.0
Lot Size UnitsSquareFeet
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesCovered, DetachedCarport
SpaNo
Total Parking8.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,995,000
MLS#24358531
List Date 02/15/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors