4108 Marathon Street Active

Los Angeles,CA 90029

$ 8500000

- Bed

0 Bath

24520 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 24,520 sqft

Price per Sqft $346

MLS Listing ID CL25512817

HOA Y/N No

Year Built 1928

Lot Size 10,538 Sqft

Acres 0.24

Property Sub-Type Other

Property Description

4056 & 4108 Marathon Street is a 30-unit apartment community plus a separate parking parcel in one of L.A.'s most dynamic rental markets, Silver Lake / Virgil Village, CA (90029). The asset reflects the energy of the local community. It's a compelling investment opportunity located in the hippest and most happening area of Virgil Village near the Sunset Junction. 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. 4056 Marathon Street is a separate parcel included in the offering and provides 15 parking spaces. The parcel is zoned RD 1.5 on 4,250 SF of land. Parking lot improvements include new asphalt resurfacing, restriping, and gate/fencing. 4108 Marathon Street has undergone a gut-level renovation of Nineteen (19) of the Thirty (30) apartment homes, with completely reimagined interior spaces, new baths and kitchens, gleaming wood floors, new doors, lighting, locks, hardware, and designer finishes throughout. Select 3rd floor apartment homes feature vaulted ceilings, dramatic city lights and skyline views. The common and exterior spaces have undergone a dramatic renovation highlighted by new l

Location

State CA

County Los Angeles

Zoning LARD

Interior

Fireplace No

Building

New Construction No

Others

Tax ID 5539021001

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