2612 Marathon Street

Los Angeles, CA 90026

$1,650,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1924

calendar_month Built

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.

Listing Information

List Price $1,650,000
Status Active
MLS P120099
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1924
Lot Size 5,666
Structure Size N/A
DOM 2
Courtesy Of COMPASS
Listing Agent Jesse Ramos DRE#01930503
Co-Listing Agent Adam Sikorski DRE#02080987

Interior Features

Laundry Information
Location(s) Inside
Total Bedroom
Bedrooms N/A
Fireplace Information
Features None
Cooling Type
Cooling Type Central Air

Exterior Information

Maps

Listing information courtesy of: Jesse Ramos, Adam Sikorski, COMPASS (626) 840-0706. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 2:03 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.