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Dilbeck Real Estate
Real Living
1030 Foothill Blvd
La Canada Flintridge CA 91011
818-790-6774
5209 MARATHON ST,  LOS ANGELES CA, 90038 (Pending)
$1,190,000
|
6,843 sqft
|
MLS# 12636897
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Last Updated: 5/19/2013 11:30 AM
Description for 5209 MARATHON ST LOS ANGELES, CA 90038
An eight unit apartment community located at 5209-15 Marathon Street. Located east of Wilton and just north of Melrose Avenue, the subject property is situated just east of prime Hollywood. The subject property offers investors the opportunity to acquire an extremely well-maintained asset with a stable operating history and a significant value-add component, which would result in a sizeable increase in rental rates. Consisting of one two-story building situated on a 8,460 square foot parcel, the property features four one-bedroom/one-bath units, three two-bedroom/one-bath units, and one three-bedroom/two-bath units. All two and three bedroom units feature washer and dryer hookups and every unit has one parking space. Due to its 1950 construction, the property is subject to Los Angeles rent control statutes.
Price
$1,190,000
Los Angeles
6,843 (approx)
12636897
Pending
Description
An eight unit apartment community located at 5209-15 Marathon Street. Located east of Wilton and just north of Melrose Avenue, the subject property is situated just east of prime Hollywood. The subject property offers investors the opportunity to acquire an extremely well-maintained asset with a stable operating history and a significant value-add component, which would result in a sizeable increase in rental rates. Consisting of one two-story building situated on a 8,460 square foot parcel, the property features four one-bedroom/one-bath units, three two-bedroom/one-bath units, and one three-bedroom/two-bath units. All two and three bedroom units feature washer and dryer hookups and every unit has one parking space. Due to its 1950 construction, the property is subject to Los Angeles rent control statutes.
Listing Information
Property Type: Multi-Family
8,460 Sq. Ft. Public Records 6,843 (approx)
Public Records $173.9 1950
8 Total
Neighborhood
Room Information
Interior Features
Dryer, Washer
Air Cond. Unit
Hot Water Circulator
Exterior / Lot Features
8 Parking Spaces, Parking Space
LARD1.5
Driving Directions
Located east of Wilton and just North of Melrose Avenue.
Financial Considerations
5535013016
Income ,$34,665
Semi Annually
Listing Price History

LOS ANGELES Real Estate

LOS ANGELES is located in California. LOS ANGELES, California 90038 has a population of  3,792,621.

The median household income in LOS ANGELES, California 90038 is $46,901. The median household income for the surrounding county is $52,874 compared to the national median of $50,935. The median age of people living in LOS ANGELES 90038 is 34.2 years.

Sales History
Tax Info
Listing Provided Courtesy Of: Marcus & Millichap
The real estate listing information is provided by California Regional MLS, Inc. and/or CARETS® for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing or leasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS, Inc. and/or CARETS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns the web site. Information is deemed reliable but not guaranteed, and consumer is responsible for verifying the accuracy of all information. Copyright © California Regional MLS, Inc. and/or CARETS®. All Rights Reserved.
Information is deemed reliable but is not guaranteed.

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409774 - Dilbeck Real Estate
Real Living