4771 Marathon St — Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Los Angeles, CA 90029

Investment Figures

Cap rate
6.74%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Stabilized East Hollywood Asset with Approximately 24% Upside 4771 Marathon Street presents a stabilized multifamily investment with meaningful upside remaining through rent growth and operational enhancements. The property’s current performance provides dependable in-place cash flow, while below-market rents and light value-add opportunities create a clear path to NOI growth without sacrificing stability. Significant Capital Improvements and Recently Modernized Units Ownership has completed meaningful capital improvements, including updated walkways and stairways, the construction of two brand-new one-bedroom ADUs, and the renovation of approximately 70% of the original units. With the majority of units recently turned and two new builds delivered, the property offers streamlined operations, reduced near-term maintenance, and an easy management profile for the next owner. Highly Desirable and Well-Balanced Unit Mix The property features a diversified mix of studios, one-bedroom, and two-bedroom units, including two brand-new 1+1 ADUs recently added by ownership. Larger two-bedroom units tend to attract longer-term tenants and lower turnover, while smaller units allow for more frequent rent adjustments, creating a healthy balance of income stability and growth potential. Prime Central LA Location Between Hollywood, Silver Lake, and Koreatown Located in the heart of East Hollywood, 4771 Marathon Street benefits from immediate access to Hollywood, Silver Lake, Los Feliz, and Koreatown. This central positioning continues to drive strong rental demand from tenants seeking proximity to employment centers, cultural amenities, and transit while avoiding the pricing premiums of more established submarkets. Transit-Oriented, Renter-by-Choice Neighborhood The property is located near major commuter routes and the Metro B Line, enhancing accessibility throughout Los Angeles. East Hollywood has evolved into a renter-by-choice submarket, attracting professionals who value conven

Market Context

This multifamily in Los Angeles, CA is listed for sale. It is offered at an approximate 6.7% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Los Angeles, CA — view the full market.

As of Q1 2026, the Greater Los Angeles multifamily market showed average asking rents near $2333.00/unit/mo, and cap rates around 5.0%. Source: multiple brokerage reports, Q1 2026.

Its 6.7% asking cap rate is above the Greater Los Angeles multifamily market average of about 5.0%, implying a higher yield (and typically more risk or upside) than comparable assets.

Multifamily market FAQ

What is the typical cap rate for multifamily in Greater Los Angeles?
About 5.0% as of Q1 2026, per multiple brokerage reports.

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