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3921 Marathon St, Los Angeles, CA 90029
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3921 Marathon St Los Angeles, CA 90029

$3,250,000 Sold Price as of 12/20/2021
  • 8 Beds
  • 8 Baths
  • 4,992 Sq.Ft.
Sold
$3,250,000 Sold Price as of 12/20/2021 Refinance Your Mortgage
Map preview of 3921 Marathon St, Los Angeles, CA 90029

Property Overview: 3921 Marathon St Los Angeles, CA has 8 bedrooms, 8 bathrooms, 4,992 living square feet and 7,759 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 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.

Listed by Nick Astrupgaard | BRE #01893466 | KW Commercial Studio City
Co-listed by Rich Johns | BRE #01432215 | KW Commercial Studio City
Last checked: 10 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
7,759
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21792042
City
Los Angeles
County
Los Angeles
Time on Site
1078 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,274
  • Total Rent: $18,195
  • Pro Forma/Market Rent: $19,700
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.3
  • Gross Scheduled Income: --
  • Net Operating Income: $145,977
  • Gross Operating Income: $217,356
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3921 Marathon St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 10
  • Has Parking
  • Parking Features: Carport, Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 8
  • Parcel Number: 5539018003
Location / Neighborhood
Location Information
  • Directions: Prime Silver Lake Location
View more facts & features

Local Los Angeles Agent

Sale History for 3921 Marathon St

Last sold for $3,250,000 on December 20th, 2021

  • December, 2021

  • Dec 20, 2021

    Date

    Sold

    CRMLS: 21792042

    $3,250,000

    Price

  • Oct 5, 2021

    Date

    Active

    CRMLS: 21792042

    $3,395,000

    Price

  • August, 2020

  • Aug 19, 2020

    Date

    Expired

    CRMLS: 20587306

    $3,150,000

    Price

  • Aug 14, 2020

    Date

    Price Change

    CRMLS: 20587306

    $3,150,000

    Price

  • Jun 5, 2020

    Date

    Active

    CRMLS: 20587306

    $3,200,000

    Price

  • Listing provided courtesy of CRMLS

  • March, 2020

  • Mar 14, 2020

    Date

    Expired

    CRMLS: 19538010

    $3,325,000

    Price

  • Dec 20, 2019

    Date

    Active

    CRMLS: 19538010

    $3,325,000

    Price

  • Listing provided courtesy of CRMLS

  • October, 2016

  • Oct 26, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,400,000

    Price

  • October, 2005

  • Oct 13, 2005

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3921 Marathon St

Assessed Value (2020): $1,486,970
Year Land Value Improved Value Assessed Value
2020 $1,039,983 $446,987 $1,486,970

Home Value Compared to the Market

This property vs the competition

3921 Marathon St sold on December 20, 2021 for 203.12% higher than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $680.09 per/sqft which puts the price per square foot 6.07% lower than the current median sale per square foot for the city of Los Angeles.

About 3921 Marathon St

Detailed summary of property

3921 Marathon St is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 4,992 living square feet, and sits on an approximately 7,759 square foot lot. 3921 Marathon St was first listed on ArdentRealEstateGroup.com on October 7, 2021. The homeowner sold the property for $3,250,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 203.12% higher than the current median priced home. Local homes that are currently for sale include 608 N Rampart Blvd, 136 N Rampart Blvd and 136 N Rampart Blvd. While the average home in Los Angeles, CA is selling in 106 days, 3921 Marathon St has a days on market of 38 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 3921 Marathon St Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3921 Marathon St

Public county record property details
Beds
8
Baths
8
Year built
1924
Sq. Ft.
4,992
Lot Size
7,759
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
348
APN
5539-018-003

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,022,990
Median List Price/Sq.Ft.
$737
Median Sold Price
$672,500
Median Sold Price/Sq.Ft.
$724
Total Inventory
32
Median Sale to List Price %
105.24%
Avg Days on Market
16
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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