5000 Marathon St, Los Angeles, CA 90029
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5000 Marathon St Los Angeles, CA 90029

$855,000 Sold Price as of 03/31/2020
  • 20 Beds
  • 10 Baths
  • -- Sq.Ft.
Sold
$855,000 Sold Price as of 03/31/2020 Refinance Your Mortgage

Map preview of 5000 Marathon St, Los Angeles, CA 90029

Property Overview: 5000 Marathon St Los Angeles, CA has 20 bedrooms, 10 bathrooms, -- living square feet and 7,119 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: ***Short Sale***All terms and conditions are subject to lender approval.This is spacious 2 story 4 unit apartment located near to Hollywood. Investors, Business Owners, and prospective owners are attracted to this area to capitalize on the ongoing development.AS IS CONDITION!!! Building is not maintained well, and A lot of Rehab/remodeling Needed!!!

Listed by Woo Jang | BRE #01740575 | Nara Realty & Investment
Last checked: 15 minutes ago | Last updated: May 5th, 2022 | Source CRMLS | DOM: 0

Home details

Lot Sq. Ft
7,119
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19419760
City
Los Angeles
County
Los Angeles
Time on Site
1222 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,000
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,100
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.5
  • Gross Scheduled Income: --
  • Net Operating Income: $4,200
  • Gross Operating Income: $4,600
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 5000 Marathon St

Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport
Property Information
  • Total # of Units: 4
  • Parcel Number: 5535018016
Location / Neighborhood
Location Information
  • Directions: Cross Street, Marathon St & N Oxford Ave
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Sale History for 5000 Marathon St

Last sold for $855,000 on March 31st, 2020
  • April, 2020

  • Apr 2, 2020

    Date

    Sold

    CRMLS: 19419760

    $855,000

    Price

  • Jan 5, 2019

    Date

    Pending

    CRMLS: 19419760

    --

    Price

  • March, 2020

  • Mar 31, 2020

    Date

    Sold (Public Records)

    Public Records

    $855,000

    Price

  • November, 2012

  • Nov 6, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 5000 Marathon St

Assessed Value (2020): $1,069,679
Year Land Value Improved Value Assessed Value
2020 $675,588 $394,091 $1,069,679

Home Value Compared to the Market

This property vs the competition

5000 Marathon St sold on March 31, 2020 for 32.86% lower than the current median sold price for the city of Los Angeles which is $1,190,000.

About 5000 Marathon St

Detailed summary of property

5000 Marathon St is a multi family that recently sold in Los Angeles, CA 90029. This multi family property offered 20 bedrooms, 10 bathrooms, roughly -- living square feet, and sits on an approximately 7,119 square foot lot. 5000 Marathon St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $855,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.86% lower than the current median priced home. Local homes that are currently for sale include 1411 Menlo Ave, 1125 S Lake St and 2010 Valley St. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 5000 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 5000 Marathon St

Public county record property details
Beds
8
Baths
5
Year built
1920
Sq. Ft.
4,880
Lot Size
7,119
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
84
APN
5535-018-016

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
$1,200,000
Median List Price/Sq.Ft.
$794
Median Sold Price
$1,049,000
Median Sold Price/Sq.Ft.
$1,042
Total Inventory
35
Median Sale to List Price %
95.36%
Avg Days on Market
38
Loan Type
Conventional (60%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Related Resources to 5000 Marathon St

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.