2305 S Marvin Avenue, Los Angeles, CA 90016
- $1,800,000
- 11
- BD
- 7
- BA
- 5,332
- SqFt
- Sold Price
- $1,800,000
- List Price
- $2,000,000
- Closing Date
- Nov 05, 2025
- Status
- CLOSED
- MLS#
- 25607459
- Year Built
- 1957
- Bedrooms
- 11
- Bathrooms
- 7
- Living Sq. Ft
- 5,332
- Lot Size
- 6,503
- Acres
- 0.15
- Days on Market
- 0
- Property Type
- Multifamily
- Stories
- Multi Level
Property Description
2305 S Marvin Ave |FULLY VACANT & OPPORTUNITY ZONE | 7-Unit Multifamily in Prime Mid-City Los Angeles. Built in 1957, the property features a desirable mix of (4) 2-Bed/1-Bath and (3) 1-Bed/1-Bath units totaling 5,332 SF on a 6,490 SF LARD1.5-zoned lot. Priced at $2,000,000 (~$285K per unit / $375 per SF), this fully vacant asset offers investors a rare opportunity to reposition and lease at full market rents from day one post renovations. Pro forma financials project a 6.77% cap rate and annual gross income of $201,060 once stabilized. Recent upgrades, including a brand-new roof (2025) and copper plumbing, reduce near-term capital exposure and enhance operational efficiency. With spacious layouts, seven on-site parking spaces, and strong market rents averaging $2,125 & $2,595 per unit, The Marvin provides a value-add platform in a tight, high-demand submarket.
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Additional Information
- Heat
- Wall Furnace
- Attached Structure
- Attached
- Number Of Units Total
- 7
Listing courtesy of Listing Agent: Taylor Avakian (taylor@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..
Listing sold by Taylor Avakian from Lyon Stahl Investment Real Estate, Inc.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.