2916 Marathon Street

Los Angeles, CA 90026

$2,550,000
Price
6
Beds
5
Baths
4,468 Sq. Ft.
$571 / Sq. Ft.
4,468
Sq. Ft.
$571
per Sq. Ft.

Description

Welcome to 2916 Marathon Avenue, a unique property in Silver Lake offering a blend of Spanish-style architecture and urban convenience. This distinctive residence comprises five units, including a charming front four-plex and a secluded back house cottage. Each unit features its own character, with 4-plex featuring spacious 1 bedroom and 1 bathroom units with hardwood floors, arched doorways, in-unit laundry, and french multi paned windows. The back Cottage features 2 bedrooms, 1 bathroom, bonus...Welcome to 2916 Marathon Avenue, a unique property in Silver Lake offering a blend of Spanish-style architecture and urban convenience. This distinctive residence comprises five units, including a charming front four-plex and a secluded back house cottage. Each unit features its own character, with 4-plex featuring spacious 1 bedroom and 1 bathroom units with hardwood floors, arched doorways, in-unit laundry, and french multi paned windows. The back Cottage features 2 bedrooms, 1 bathroom, bonus garage-studio space and three decks. Four-plex, Cottage, and detached garages spread across 7,370 SF. The Spanish-inspired design is evident in the tiled roofs, archways, developed landscaping with a blend of plant species, and serene tree-canopied courtyard with mosaic fountain. Providing a tranquil outdoor space for residents to unwind or entertain. Located near the intersection of Sunset Blvd and Silver Lake Blvd in the heart of Silver Lake, this property offers easy access to Silver Lake's vibrant community, including trendy shops, cafes, and recreational spots such as Silver Lake Reservoir and Griffith Park. Walk to Silver Lake Ramen, The Thirsty Crow Bar, Pho Cafe, and more.. 1.4 miles to Silver Lake Reservoir and 1.3 miles to Echo Park Lake. Discover the allure of this Spanish-style oasis with the convenience of urban amenities . Includes assigned detached garages, and alley parking. Do not disturb occupants. Property sold As Is. Buyer to comply with seller's 1031 exchange timelines for closing. Property includes street address 756 Parkman Ave. Property being sold can sold as part of a portfolio; or individually, including 4234 Ostrom Ave (MLS #24-445527); and 434 N Larchmont Blvd (MLS #24-411459) (Zoned C2) and. Buyer to comply with seller's 1031 exchange timelines for closing. Offering Memorandum upon request
  1. Listed by Jade Devitt • DRE #02070642 • Brokerage DRE #01479846 • PLG Estates
  2. Listed by Mark Ehlers • DRE #01955008 • Imperial Real Estate

Property Details for 2916 Marathon Street

Zoning
LARD1.5
Parcel Number
5401027014
Total Units
5.0
Living Area
4468
Source Living Area
Title Company
Area
Silver Lake (671)
Vacancy Rate
none
Lot Size Area
7372
LISTING UPDATED: 10/11/2024 03:52 PM

Property Details for 2916 Marathon Street

StatusActive
MLS #24-411477
Days on Market141
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1921
Lot Size0.17 AC / 7,372 SF
CountyLos Angeles County

Building Information for 2916 Marathon Street

Stories2Residences-Year Built1921Building Size-Lot Size0.17 AC / 7,372 SF

Property Information for 2916 Marathon Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Other
  • Number Of Stories: 2
  • Number Of Buildings: 2
  • Type Of Units: Apartments
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $186,372
  • Net Operating Income: $139,151.44
  • Gross Income: $186,372
  • Gross Rent Multiplier: $13.68
  • Total Annual Expense: 47221.00
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1692
  • Lot Size Square Feet: 7372
Parking Details
Parking Details
  • Parking Garage: Assigned, Garage - 4+ Car, Driveway - Concrete
  • Total Parking: 6
  • Covered Parking: 5
  • Open Other Spaces Total: 1
  • Parking Features: Assigned, Concrete
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Forced Air
  • Heating Type: Forced Air
  • Equipment: Dryer, Washer, Refrigerator, Range/Oven, Built-Ins
  • Laundry: Washer Included, Dryer Included
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Accessory Bldgs
Lease Terms
Lease Terms
  • Entry Date: 07-06-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,124.00
  • Unit Actual Rent: $3,124.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,783.00
  • Unit Actual Rent: $1,783.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $3,124.00
  • Unit Actual Rent: $3,124.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,500.00
  • Unit Actual Rent: $2,500.00
  • Unit Projected Rent: $3,800.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $5,000.00
  • Unit Actual Rent: $5,000.00
  • Unit Projected Rent: $5,000.00
  • Like Units: 5
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $348,016.00
  • Assessed Improvement Percent: 35.71
  • Assessed Land Value: $626,435.00
  • Assessed Land Percent: 64.29
  • Assessed Total Value: $974,451.00

Property History for 2916 Marathon Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2916 Marathon Street

Taxable ValueLand$638,963Additions$354,976Total$993,939
Tax Record2024$12,963 ($1,080 / month)
Home Facts
Total Finished SqFt4,468 SqFtAbove Grade Finished SqFt4,468 SqFtLot Size7,370 SqFtStyleMulti-Family Res (5+ Units)Year Built1921ZoningLARD1.5CountyLOS ANGELESAPN5401-027-014

Schools near 2916 Marathon Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Micheltorena Street Elementary School
PublicK to 5

Virgil Middle School
Public6 to 8

Miguel Contreras Learning Complex School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2916 Marathon Street is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on July 4, 2024 by PLG Estates, it's currently listed at $2,550,000. It has been on the market for a total of 141 days and was last sold on June 30, 2003. This listing's school district is Los Angeles Unified School District. Nearby schools include Micheltorena Street Elementary School, Virgil Middle School and Contreras Learning Center-School Of Social Justice. 2916 Marathon Street is a 6-bed, 5-bath, 4,468 sqft multi-family home built in 1921.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of PLG Estates, Jade Devitt, DRE #02070642; Imperial Real Estate, Mark Ehlers, DRE #01955008

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.