Homes for sale - 2612 Marathon ST, Los Angeles, CA 90026

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Ryan Shimp

[email protected] +1(818) 314-8606

$ 1,650,000

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2612 Marathon ST Los Angeles, CA 90026

5,667 Sqft Lot

UPDATED:

12/05/2024 02:03 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID P1-20099

Construction Status Fixer,Under Construction

HOA Y/N No

Year Built 1924

Lot Size 5,667 Sqft

Property Description

Seize the chance to acquire a promising multi-family development opportunity in the heart of Silver Lake, one of Los Angeles' most desirable neighborhoods. The property includes a duplex with an accessory dwelling unit (ADU), combining the charm of a spacious detached single-family home with excellent rental income potential. The first unit features a generous 3-bedroom, 2-bathroom layout with 1,226 sq. ft. of living space. The second unit offers a comfortable 2-bedroom, 2-bathroom design spanning 769 sq. ft. Below the second unit lies a modern ADU, a 2-bedroom, 2-bathroom space providing an additional 687 sq. ft. of rental potential. Currently undergoing an extensive renovation, this property allows buyers to customize and complete it to their specifications. Significant updates, including foundation work, framing, and some plumbing and HVAC have already been completed, saving you time and upfront costs. Located just five minutes from the vibrant Sunset Boulevard, residents will enjoy easy access to trendy cafes, restaurants, boutiques, and entertainment options in one of Silver Lake's most eclectic and high-demand neighborhoods. This property offers strong investment potential, with high rental yields and the possibility of conversion into a Tenants-In-Common (TIC) sale for maximizing returns. Don't miss this opportunity to invest in a thriving community with excellent returns.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LARD2

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Inclusions Approved building plans.

Fireplace No

Laundry Inside

Exterior

Parking Features Driveway

Fence Wrought Iron

Pool None

Community Features Urban

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description Sprinklers None

Faces North

Story Two

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Construction Status Fixer,Under Construction

Others

Senior Community No

Tax ID 5402012005

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Listed by Jesse Ramos • COMPASS

Ryan Shimp

Private Office Advisor | License ID: 01864245

+1(818) 314-8606

Ryan Shimp

2612 Marathon ST Los Angeles, CA 90026

Key Details

Location

Interior

Exterior

Building

Others

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2612 Marathon ST