$8,500,000

4108 Marathon St Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated payment $54,724/month

Total Views 4,123
34 Beds
30 Baths
24,520 Sq Ft
$347 Price per Sq Ft

About This Home

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.

Listing Agent

Nick Astrupgaard

KW Commercial Studio City License #01893466 Listed on: 03/17/2025

KW Commercial Studio City

Co-Listing Agent

Rich Johns

KW Commercial Studio City License #01432215

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 10,538 Sq Ft Lot

Parking

  • 15 Parking Spaces

Interior Spaces

  • 24,520 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 34 Bedrooms
  • 30 Bathrooms

Laundry

  • Laundry Room
  • Leased Washer and Dryer

Community Details

  • 30 Units

Listing and Financial Details

  • Assessor Parcel Number 5539-021-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Three Or More
  • Street Number Display: Yes
  • Living Area: 24520
  • Lot Acreage: 0.2419
  • Stories: 3
  • Year Built: 1928
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 34
  • Laundry: Laundry Area
  • Laundry Equipment: Lease
  • Total Bathrooms: 30.00
  • Price Per S Q F T: 346.66

Exterior Features

  • Other Structures: None

Garage/Parking

  • Total Parking: 15

Lot Info

  • Assessed Improvement Percent: 47.92
  • Assessed Improvement Value: 3204211
  • Assessed Land Percent: 52.08
  • Assessed Land Value: 3481755
  • Total Assessed Value: 6685966
  • Assessor Parcel Number: 5539-021-001
  • Lot Size Area: 10538

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.90
  • Number Of Units: 30
  • Total Annual Expense: 214903
  • Type Of Units: Apartments
  • Vacancy Rate: 23%

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2025 03/17/25 For Sale $8,500,000 -- $347 / Sq Ft
Source: The MLS

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Source: The MLS

MLS Number: 25512817

The MLS
California Los Angeles County Los Angeles 90029 East Hollywood

4108 Marathon St, Los Angeles, CA

This home is located at 4108 Marathon St, Los Angeles, CA 90029 and is currently priced at $8,500,000, approximately $346 per square foot. This property was built in 1928. 4108 Marathon St is a home located in Los Angeles County with nearby schools including Dayton Heights Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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Nick Astrupgaard
Listing Agent
Nick Astrupgaard
Section Image
KW Commercial Studio City
(818) 432-1580