5123 Marathon St., Los Angeles, CA 90038

PENDING
  • $1,450,000
  • 99 Days on site
  • Beds: n/a
  • Baths: 8
  • Commercial Building
  • 4,042 sq ft
X

Description

5123 Marathon St., is an 8 unit apartment building in Hollywood neighboring Korea Town. The subject property was built in 1924 and is comprised of (8) large studio apartments. The building is separately metered for gas and electricity. Additionally, it has a total of (10) parking spaces. This property offers a great opportunity for an investor to capitalize on its tremendous rental upside of approximately 60%. Hollywood has quickly become a popular area of Los Angeles due to its location and immediate access to major points of interest in Downtown Los Angeles, Hollywood, Korea Town, Larchmont Village, and Silver Lake. Furthermore, the property's location has a strong walking and transit score.

  • MLS ID# 16-156642
  • Year Built: 1925
  • 99 Days on site
  • Commercial Building
  • Beds: n/a
  • Baths: 8

Listing Details

Parking
Parking Space (10)
Heating
Furnace Heat
Assessed Taxable Amount
$952,690
Tax Amount
$13,942
Last Transaction Date
06/27/2014
Last Transaction Purchase Price
$920,000
Property Type
Apartments (5+ Units)
Bathrooms
8
Home Size (Sqft)
4,042
Lot Size (Sqft)
7,505
Lot Size (Acres)
0.17
Year Built
1925
Units
8
Cooling System
Yes

Public Facts: As provided by County Assessor and Recorder offices. May not reflect recent additions or improvements. If you see any errors, the best way to get the records updated is to contact your local county records office. If any of the information in this section conflicts with property information provided by a listing agent or broker, agent-provided information should be deemed more reliable.

Local Info

Population
32,402
Median Household Income
$29,151
Median Years In Residence
8
Median Homeowner Age
30
Households with Children
57.34%
Percent of Homes Rented
89.23%

Nearby Elementary Schools

1022 N Van Ness Ave
5210 Clinton St
501 N Van Ness Ave

Nearby Middle Schools

5210 Clinton St
1309 N Wilton Pl
5755 Fountain Ave

Nearby High Schools

1309 N Wilton Pl
1309 N Wilton Pl
1309 N Wilton Pl

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.

Property Contact Info

Listing Provided By: Concord Real Estate Service
(310) 551-0660
Listing Agent: Guillermo Ma

Need More Information?

Please fill out this form to request more photos or more information regarding this property.

We guarantee 100% privacy. Your information will not be shared with additional third parties.

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor`s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.<br>Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. 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.<br>The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.<br>CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).