Search
5229 Marathon St, Los Angeles, CA 90038
Image 2 for 5229 Marathon St, Los Angeles, CA 90038
Image 3 for 5229 Marathon St, Los Angeles, CA 90038
View Photos

5229 Marathon St Los Angeles, CA 90038

$1,995,000
  • 8 Beds
  • 8 Baths
  • 6,320 Sq.Ft.
For Sale
$1,995,000 Get Pre-Qualified
Map preview of 5229 Marathon St, Los Angeles, CA 90038

Property Overview: 5229 Marathon St Los Angeles, CA has 8 bedrooms, 8 bathrooms, 6,320 living square feet and 8,418 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Gorgeous French Normandie designed 8 unit apartment building in Prime Hollywood . Walking Distance to Paramount Studios and very close to public transportation . Larchmont Village and the Koreatown eateries are also a short stroll away . Located and on a quiet tree lined street on a large corner lot, the building has been well cared for and has 3 units with modern updates, leaving 5 units for future upside. There is ample parking in the rear and room to add ADU's. 5 cap day one with upside . This is a fantastic deal. *** Also in Opportunity Zone ****

Listed by Alex Galuz | BRE #01291486 | Keller Williams Realty Calabasas
Last checked: 2 minutes ago | Last updated: February 23rd, 2024 | Source CRMLS | DOM: 59
Get a $5,985 Cash Reward New

Buy this home with Ardent Real Estate Group and get $5,985 back.

Call/Text (714) 706-1823

Home details

Lot Sq. Ft
8,418
HOA Dues
$0/mo
Year built
1939
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24358531
City
Los Angeles
County
Los Angeles
Time on Site
72 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: $1,600
  • Total Rent: $12,800
  • Pro Forma/Market Rent: $18,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: --
  • Net Operating Income: $102,000
  • Gross Operating Income: $147,300
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 5229 Marathon St

No upcoming open houses

Schedule Tour

Property Details for 5229 Marathon St

Interior Features
Cooling Information
  • Has Cooling
  • Heat Pump, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace, Natural Gas, Heat Pump
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave
Interior Features
  • Levels: Two
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Covered, Detached Carport
Property Information
  • Total # of Units: 8
  • Parcel Number: 5535013014
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Western and Santa Monica Blvd
View more facts & features

Local Los Angeles Agent

Sale History for 5229 Marathon St

Last sold for $1,585,000 on March 4th, 2016

  • February, 2024

  • Feb 15, 2024

    Date

    Active

    CRMLS: 24358531

    $1,995,000

    Price

  • March, 2016

  • Mar 4, 2016

    Date

    Sold (Public Records)

    Public Records

    $1,585,000

    Price

Show More

Tax History for 5229 Marathon St

Assessed Value (2020): $1,732,609
Year Land Value Improved Value Assessed Value
2020 $1,212,323 $520,286 $1,732,609

Home Value Compared to the Market

This property vs the competition

5229 Marathon St is listed 61.41% higher than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $315.66 per/sqft which puts the price per square foot 59.16% lower than the median price per square foot for the city of Los Angeles.

About 5229 Marathon St

Detailed summary of property

5229 Marathon St is a multi family located in Los Angeles, CA 90038 and is currently for sale. This multi family property offers 8 bedrooms, 8 bathrooms, roughly 6,320 living square feet, and sits on an approximately 8,418 square foot lot. 5229 Marathon St was first listed on ArdentRealEstateGroup.com on February 15, 2024. The homeowner is currently asking $1,995,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 61.41% higher than the median priced home. Local competing homes currently for sale include 428 N Harvard Blvd, 5918 Barton Ave and 1140 N Beachwood Dr. While the average home in Los Angeles, CA is selling in 96 days, 5229 Marathon St has a days on market of 59 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 5229 Marathon St Los Angeles, CA 90038 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 5229 Marathon St

Public county record property details
Beds
8
Baths
8
Year built
1939
Sq. Ft.
6,320
Lot Size
8,415
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
16
APN
5535-013-014

The source for these homes facts are from public records.

90038 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,375,000
Median List Price/Sq.Ft.
$714
Median Sold Price
$1,110,000
Median Sold Price/Sq.Ft.
$629
Total Inventory
39
Median Sale to List Price %
94.87%
Avg Days on Market
34
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

Tour This Home

Buy with Ardent Real Estate Group and save $5,985.

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823
Get a $5,985 Cash Reward New

Buy this home with Ardent Real Estate Group and get $5,985 back.

Call/Text (714) 706-1823

Homes for Sale Near 5229 Marathon St

Nearby Homes for Sale

5418 Lemon Grove Ave, Los Angeles, CA 90038
$1,895,000
9 Beds
9 Baths
4681 Sq.Ft.
5418 Lemon Grove Ave
Los Angeles, CA 90038
5500 Barton Ave, Los Angeles, CA 90038
$1,895,000
6 Beds
5 Baths
2816 Sq.Ft.
5500 Barton Ave
Los Angeles, CA 90038
812 N Van Ness Ave, Los Angeles, CA 90038
$1,700,000
15 Beds
15 Baths
0 Sq.Ft.
812 N Van Ness Ave
Los Angeles, CA 90038
Open Today 12pm-4pm
5008 Rosewood Ave, Los Angeles, CA 90004
$1,995,000
6 Beds
6 Baths
-- Sq.Ft.
5008 Rosewood Ave
Los Angeles, CA 90004
800 N Hobart Blvd, Los Angeles, CA 90029
$1,650,000
5 Beds
4 Baths
2142 Sq.Ft.
800 N Hobart Blvd
Los Angeles, CA 90029
5449 S Virginia Ave, Los Angeles, CA 90029
$1,850,000
6 Beds
10 Baths
4877 Sq.Ft.
5449 S Virginia Ave
Los Angeles, CA 90029
5633 La Mirada Ave, Los Angeles, CA 90038
$1,700,000
14 Beds
8 Baths
3884 Sq.Ft.
5633 La Mirada Ave
Los Angeles, CA 90038
625 N Plymouth Blvd, Los Angeles, CA 90004
$1,900,000
5 Beds
4 Baths
4346 Sq.Ft.
625 N Plymouth Blvd
Los Angeles, CA 90004

Recently Sold Homes Near 5229 Marathon St

740 N St Andrews Pl, Los Angeles, CA 90038
$1,800,000 Last Sold Price
8 Beds
8 Baths
5776 Sq.Ft.
740 N St Andrews Pl
Los Angeles, CA 90038
756 N Wilton Pl, Los Angeles, CA 90038
$1,630,000 Last Sold Price
6 Beds
5 Baths
2917 Sq.Ft.
756 N Wilton Pl
Los Angeles, CA 90038
5318-5320 La Cresta Court, Los Angeles, CA 90038
$925,000 Last Sold Price
6 Beds
6 Baths
1519 Sq.Ft.
5318-5320 La Cresta Court
Los Angeles, CA 90038
5326 Lemon Grove Ave, Los Angeles, CA 90038
$1,125,000 Last Sold Price
5 Beds
3 Baths
2448 Sq.Ft.
5326 Lemon Grove Ave
Los Angeles, CA 90038

Related Resources to 5229 Marathon St

New Listings in 90038
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call