Properties

Los Angeles, CA 90029 4108 Marathon Street

Pending
4108 Marathon Street Los Angeles, CA - Image 14108 Marathon Street Los Angeles, CA - Image 24108 Marathon Street Los Angeles, CA - Image 3
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4108 Marathon Street Los Angeles, CA - Image 44108 Marathon Street Los Angeles, CA - Image 54108 Marathon Street Los Angeles, CA - Image 64108 Marathon Street Los Angeles, CA - Image 74108 Marathon Street Los Angeles, CA - Image 84108 Marathon Street Los Angeles, CA - Image 94108 Marathon Street Los Angeles, CA - Image 104108 Marathon Street Los Angeles, CA - Image 11
Presented By: Nick Astrupgaard with KW Commercial Studio City;
  • MLS# 25512817
  • 03/17/2025
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  • Beds • 34
  • Baths • 26
  • SQFT • 24,520

Home Details

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 lobby/hallway/staircase flooring, lighting, laundry facilities; and outdoor spaces. The exterior has been transformed with a new color palate, architectural moldings, awnings, and drought-resistant landscaping. The roof has been upgraded with a cool roof system, and the foundation has recently been retrofitted. 4056 and 4108 Marathon Street are mere steps from Virgil Village, L.A.'s latest hip neighborhood, where those " in the know" frequent Sqirl Cafe, Courage Bagel, Erewhon, and numerous other entertainment venues. Silver Lake / Virgil Village, CA (90029) is as diverse as the people living in it. Thanks to its neighborhood feel, the area is perfect for young people looking for a dynamic location and a community vibe. The area is continually growing with an ever-increasing mix of stylish boutiques, restaurants, bars, coffee shops, and everything in between.
Presented By: Nick Astrupgaard with KW Commercial Studio City;

Interior Features for 4108 Marathon Street

Bedrooms

Total Bedrooms34

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths30

Other Interior Features

Total Stories3

General for 4108 Marathon Street

Cap Rate5.7
CityLos Angeles
CountyLos Angeles
DirectionsRed-Hot Virgil Village / Silver Lake Location in between Virgil and Vermont on Marathon Street.
Full Baths
Gross Income712355
HOANo
LevelsThree Or More
Living Area24520
Lot Size Square Feet10538
Lot Size UnitsSquare Feet
MLS AreaC21 - Silver Lake - Echo Park
Net Operating Income483205
New ConstructionNo
Number Of Units Total30
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Year Built1928
ZoningLARD1.5

Exterior for 4108 Marathon Street

Building Area Total24520
Lot Size Acres0.2419
Lot Size Area10538
Number of Buildings1
Total Parking15

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $8,500,000
MLS#25512817
List Date 03/17/2025
Property Type Multi-Family
Phone 888.795.6274
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