4108 Marathon St Los Angeles, CA 90029

$6,500,000 Sold Price as of 05/20/2016

-- Beds
-- Baths
24,520 Sq.Ft.

Off Market

$6,500,000 Sold Price as of 05/20/2016 Refinance Your Mortgage

Map preview of 4108 Marathon St, Los Angeles, CA 90029

Property Overview: 4108 Marathon St Los Angeles, CA has -- bedrooms, -- bathrooms, 24,520 living square feet and 10,534 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

4108 Marathon St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 4108 Marathon St

Last leased for $2,150 on November 27th, 2016

January, 2024
Jan 26, 2024

Date

Canceled

CRMLS: 23298543

$8,950,000

Price
Aug 7, 2023

Date

Active

CRMLS: 23298543

$8,950,000

Price
Listing provided courtesy of CRMLS

Built in 1928, the property features One Bedroom and Two Bedroom floorplans. Nineteen (19) of Thirty (30) units have been completely renovated, featuring stainless steel appliances, quartz countertops, stainless chrome designer fixtures, and hardware, new modern cabinetry, and wood-inspired flooring. Upper-Level units have views of the Hollywood sign, cityscape, and surrounding treetops. A separate entrance accesses an additional income generator in a Creative/Flex/Work Space - this space is currently unrented. The Marathon Apartments also provides access to attractive building amenities, such as an on-site laundry facility and a gated parking lot steps from the property. New owners will have the opportunity to renovate the remaining 11 units to achieve significant rental premiums. Electrical & Gas utilities are separately metered. The property is one block from Virgil Avenue, just named "LA's Coolest Street" by TimeOut Media. Virgil Village is known for its vibrant cafes, bars, and neighborhood scene. Marathon Apartments' strategic location between Santa Monica Boulevard and Sunset Boulevard offers even more restaurants and entertainment options. Assumable financing with 4 1/2 years remaining and +/- 44% down payment.

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December, 2018
Dec 21, 2018

Date

Canceled

CRMLS: 18350874

$9,950,000

Price
Nov 7, 2018

Date

Price Change

CRMLS: 18350874

$9,950,000

Price
Aug 10, 2018

Date

Price Change

CRMLS: 18350874

$10,150,000

Price
Jun 5, 2018

Date

Active

CRMLS: 18350874

$10,500,000

Price
Listing provided courtesy of CRMLS

We are pleased to present 4056 & 4108 Marathon Street, a 30 unit apartment community plus a separate parcel providing parking, in one of L.A.'s most dynamic rental markets, Silver Lake / Virgil Village, CA (90029). 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. The purchase also includes 4056 Marathon Street is a separate parcel included in the offering and provides 15 vehicle parking spaces. The parcel is zoned RD 1.5 in 4,250 SF of land. Parking lot improvements include new asphalt resurfacing, restriping and new gate/fencing. 4108 Marathon Street has undergone a gut-level renovation of Fifteen (15) of the Thirty (30) apartment homes (50% of units). **Please email listings agents for Full Offering Memorandum**

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December, 2016
Dec 10, 2016

Date

Price Change

CRMLS: 16182730

$1,850

Price
Nov 27, 2016

Date

Active

CRMLS: 16182730

$1,900

Price
Listing provided courtesy of CRMLS

Incredible Virgil Village - Silver Lake Custom Renovation! Top floor with views of Griffith Observatory. Sweet location right by Sqirl, The Virgil, Smog Cutter, & Cafecito Organico. Stones throw from DT and all things SILVER LAKE! *Completely Renovated - Brand New Kitchen, Bathroom, Flooring, and Paint *Brand New Stainless Steel Appliances, Brand New Cabinets, Countertops & Fixtures *Stunning New Flooring - Natural and Modern Look *Super Sunny - Incredible Natural Light into Every Room! *Brand New White Tile Bathroom - Custom Stone & Tile Design *Bonus Storage Cabinet - Perfect For Towels and Linens *Huge Floor to Ceiling Closet *Laundry on Site *Small Dogs OK, Extra Deposit *Parking available for $100/month *Other Layouts & Pricepoints Available *Based on availability *Unit pictured is not necessarily available or listed unit*

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May, 2016
May 20, 2016

Date

Sold (Public Records)

Public Records

$6,500,000

Price
June, 2012
Jun 26, 2012

Date

Sold (Public Records)

Public Records

$3,430,034

Price

Tax History for 4108 Marathon St

Assessed Value (2020): $6,253,845

Year	Land Value	Improved Value	Assessed Value
2020	$3,247,296	$3,006,549	$6,253,845

About 4108 Marathon St

Detailed summary of property

4108 Marathon St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90029 and last sold on May 20, 2016 for $6,500,000. This property has -- bedrooms, -- bathrooms, roughly 24,520 living square feet, and sits on an approximately 10,534 square foot lot. Homes 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 480.36% higher than the current median priced home. 4108 Marathon St was last sold on May 20, 2016 for $6,500,000. Local nearby listings include 1172-3 Westmoreland Ave, 3326 London St and 210 N Berendo St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. If you are the homeowner and looking to sell the home at 4108 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 4108 Marathon St

Public county record property details

Beds: --
Baths: --
Year built: 1928
Sq. Ft.: 24,520
Lot Size: 10,534
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 453,457
APN: 5539-021-001

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

$1,058,000

Median List Price/Sq.Ft.

$705

Median Sold Price

$672,500

Median Sold Price/Sq.Ft.

$724

Total Inventory

Median Sale to List Price %

105.24%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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(714) 706-1823

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