2612 Marathon ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
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