NOT LISTED FOR SALE
8 Beds
8 Baths
4,992 Sq Ft
7,759 Sq Ft Lot

Sale Details

Date Sold: December 20, 2021

Last sale price $3,250,000 $651 Per Sq Ft

38 Days on Market

Highlights

  • Ceiling Fan
  • John Marshall High School Rated A
  • 4-minute walk to Bellevue Park Recreation Center

About This Home

As of December 2021

3921 Marathon Street located in Silver Lake (90029), is a totally reimagined and renovated 8-unit multifamily community in one of the strongest rental markets in LA. The opportunity is located on the same block as the always-full, famed Sqirl Cafe and just two short blocks from Silver Lake's Sunset Junction. The property consists of Eight (8) artfully designed and fully remodeled apartment homes that have been carefully curated to attract the area's most dynamic renter demographics. The new finishes are outstanding and include a long list of superior design elements which will keep your rents strong and retain your residents longer. Parking is provided in Ten (10) vehicle parking spaces. Each unit features an all-new kitchen with new stainless-steel appliances, new washer, and dryer, an open floor plan, large windows showcasing the spectacular city and mountain views, plenty of natural light, and other handcrafted details. Marathon provides the best variation of modern and outdoor living in a vibrant and walkable neighborhood.

Last Agent to Sell the Property

Nick Astrupgaard

KW Commercial Studio City License #01893466 Listed on: 10/05/2021

KW Commercial Studio City

Co-Listed By

Rich Johns

KW Commercial Studio City License #01432215

KW Commercial Studio City

Last Buyer's Agent

Rich Johns

KW Commercial Studio City License #01432215

KW Commercial Studio City

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,759 Sq Ft Lot

Interior Spaces

  • 4,992 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 10 Parking Spaces
  • Carport
  • Assigned Parking

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 5539-018-003

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

7,759 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4992
  • Lot Acreage: 0.1777
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 8.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 680.09

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport, Assigned
  • Total Parking: 10

Utilities

  • Cooling: Ceiling Fan

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 445707
  • Assessed Land Percent: 70
  • Assessed Land Value: 1039983
  • Total Assessed Value: 1485690
  • Assessor Parcel Number: 5539-018-003
  • Lot Size Area: 7759

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 15.30
  • Number Of Units: 8
  • Type Of Units: Apartments
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $3,250,000 -4.3% $651 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $3,395,000 -- $680 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $42,181 $3,448,925 $2,414,248 $1,034,677
2024 $41,729 $3,381,300 $2,366,910 $1,014,390
2023 $40,924 $3,315,000 $2,320,500 $994,500
2022 $39,033 $3,250,000 $2,275,000 $975,000
2021 $18,757 $1,501,081 $1,050,757 $450,324
2019 $18,214 $1,457,840 $1,019,592 $438,248
2018 $18,044 $1,429,280 $999,600 $429,680
2016 $11,847 $923,517 $692,641 $230,876
2015 $11,684 $909,646 $682,237 $227,409
2014 $11,769 $891,828 $668,873 $222,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-792042

The MLS
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