4771 Marathon Street
Los Angeles, CA, 90029 $ 2,395,000
Bedrooms17 Baths2.0 Sq 8,256 Monthly Estimate*
$ 14,746
Listed by Marcus & Millichap
for $2,395,000 with 17 bedrooms and 2 full baths. This 8,256 square foot home was built in 1954 on a lot size of 0.2218.
4771 Marathon Street presents a stabilized multifamily investment in East Hollywood with approximately 24% upside through continued rent growth and light operational enhancements. The asset delivers reliable in-place cash flow today, while below-market rents and low historical vacancy provide a clear, measured path to NOI expansion without sacrificing stability. Ownership has completed significant capital improvements, including updated walkways and stairways, the construction of two brand-new one-bedroom ADUs, and the renovation of roughly 70% of the original unitsresulting in streamlined operations, reduced near-term maintenance, and an attractive, easy-to-manage profile for the next owner.The property features a well-balanced unit mix of studios, one-bedroom, and two-bedroom units, including two newly delivered 1+1 ADUs, offering both income stability and long-term growth potential. Ideally located between Hollywood, Silver Lake, Los Feliz, and Koreatown, the asset benefits from strong renter demand driven by proximity to major employment centers, transit, and lifestyle amenities without the pricing premiums of more established submarkets. The surrounding area is supported by diverse employment driversentertainment, healthcare, education, and the creative economywhile East Hollywood's supply-constrained infill nature continues to support durable rental demand, long-term appreciation, and multiple value-add levers for future upside.
See more
FeaturesGeneralLiving Area 8256
Heating Wall Furnace
Appliances Dishwasher Microwave Refrigerator Dryer Washer
Zoning LARD1.5
Construction Materials Stucco
Year Built 1954
Tenant Pays Electricity Gas
Levels Multi/Split
Gross Income 251972
County Los Angeles
Net Operating Income 161310
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Near cross streets Marathon St & N Kingsley Dr.
City Los Angeles
Senior Community Y/N false
Open Parking Spaces 6
Number Of Units Total 12
MLS Area C20 - Hollywood
Lot Size Units Square Feet
Lot Size Square Feet 9660
Rent Control Y/N true
Standard Status Active
Cap Rate 6.74
See more
InteriorTotal Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 17
Total Baths 12
See more
ExteriorParking Features Driveway
Total Parking 6
Lot Size Area 9660
Number of Buildings 1
Building Area Total 8256
Lot Size Acres 0.2218
See more
* Excluded FeaturesList Bysam.liberow@marcusmillichap.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $14,746
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,841,696
Percent of Sale Price 23%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/2/2026 | $2,395,000 | -2.24% | Price Down |
| 2/26/2026 | $2,450,000 | -1.80% | Price Down |
| 2/5/2026 | $2,495,000 | | Listed Price |