4575 Marmion Way, Los Angeles, California 90065, Los Angeles, 90065 - bed, bath
ACTIVE$885,000
4575 Marmion Way, Los Angeles, California 90065
0Bed
0Bath
1,809Sqft
6,150Lot
Year Built
1957
Close
-
List price
$885K
Original List price
$985K
Price/Sqft
$489
HOA
-
Days on market
-
Sold On
-
MLS number
AR25095770
Home ConditionPoor
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
We found 3 Cons,5 Pros. Rank: price - $885.0K(25th), sqft - 1809(25th), beds - undefined(50th), baths - undefined(50th).
Great opportunity for a buyer looking to start an investment portfolio or live in one unit and generate rental income. These units are fair in size. The property is up above the street on a flat level. All parking spaces are at the rear of the property. The property is in close proximity to 110 freeway and the Gold Line.
Nearby schools
6/10
Latona Avenue Elementary School
Public,•K-6•0.5mi
7/10
Mt. Washington Elementary School
Public,•K-6•0.6mi
3/10
Aldama Elementary School
Public,•K-6•0.8mi
4/10
Loreto Street Elementary School
Public,•K-5•0.9mi
2/10
Aragon Avenue Elementary School
Public,•K-5•1.0mi
5/10
Buchanan Street Elementary School
Public,•K-6•1.5mi
5/10
Toland Way Elementary School
Public,•K-6•1.7mi
4/10
Glassell Park Elementary School
Public,•K-6•1.7mi
5/10
Florence Nightingale Middle School
Public,•6-8•1.0mi
6/10
Luther Burbank Middle School
Public,•6-8•2.0mi
7/10
Benjamin Franklin Senior High School
Public,•6-12•1.3mi
7/10
Eagle Rock High School
Public,•7-12•2.4mi
Price History
Date
Event
Price
08/03/25
$885,000
04/30/25
$985,000
Condition Rating
Poor
The property was built in 1957, making it 67 years old. The complete absence of interior images, especially for a property of this age, strongly suggests that the interior, including kitchens and bathrooms, is severely outdated and requires substantial rehabilitation. The exterior appears dated with security bars and a visible window AC unit, indicating that major systems are likely old and inefficient. While not explicitly showing structural failure, the age and lack of visible updates imply a need for extensive system replacements and significant repairs to bring it to a comfortable and modern standard, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Investment & Income Potential: As a triplex, the property offers a clear path for rental income generation or owner-occupancy with supplementary income.
Strategic Location: Excellent proximity to the 110 freeway and Gold Line, ensuring convenient commutes and strong tenant appeal.
Attractive Price Adjustment: A recent $100,000 price reduction from its original list price positions the property as a more competitive investment.
Desirable Mountain Views: The property boasts mountain views, enhancing its aesthetic appeal and potential market value.
Convenient Off-Street Parking: Dedicated rear parking spaces provide a significant advantage and convenience in a dense urban environment.
Cons
Age and Renovation Needs: Built in 1957, the property likely requires substantial updates and renovations to meet modern standards and optimize rental returns.
Compact Unit Sizes: With 1809 sqft across three units, individual units are relatively small, potentially limiting tenant demographics or rental rates.
Unspecified Current Condition: The listing lacks details on the current condition of individual units or existing rental income, introducing uncertainty for investors.