Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

12

Building size

8,256 sqft

Lot size

9,660 sqft

Year built

1954

Stories

2

Heating

Wall Furnace

Status

Active

Days on market

210

MLS #

238277951

About this property

4771 Marathon Street presents a stabilized multifamily investment in East Hollywood with approximately 24% upside through continued rent growth and light operational enhancements. The asset delivers reliable in-place cash flow today, while below-market rents and low historical vacancy provide a clear, measured path to NOI expansion without sacrificing stability. Ownership has completed significant capital improvements, including updated walkways and stairways, the construction of two brand-new one-bedroom ADUs, and the renovation of roughly 70% of the original unitsresulting in streamlined operations, reduced near-term maintenance, and an attractive, easy-to-manage profile for the next owner.The property features a well-balanced unit mix of studios, one-bedroom, and two-bedroom units, including two newly delivered 1+1 ADUs, offering both income stability and long-term growth potential. Ideally located between Hollywood, Silver Lake, Los Feliz, and Koreatown, the asset benefits from strong renter demand driven by proximity to major employment centers, transit, and lifestyle amenities without the pricing premiums of more established submarkets. The surrounding area is supported by diverse employment driversentertainment, healthcare, education, and the creative economywhile East Hollywood's supply-constrained infill nature continues to support durable rental demand, long-term appreciation, and multiple value-add levers for future upside.

Location

4771 Marathon Street

Los Angeles, Los Angeles, CA, 90029