2305 S Marvin Avenue, Los Angeles, CA 90016

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2305 S Marvin Avenue,Los Angeles, CA 90016
$2,000,000
  • 11 Beds
  • 7 Baths
  • 5,332 sq. ft.
  • Multi-family
  • Active
Listed by:taylor avakian
Office:lyon stahl investment real estate, inc.
MLS#:25607459
Source:CRMLS

Price summary

  • Price:$2,000,000
  • Price per sq. ft.:$375.09

About this home

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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Home facts

  • Year built:1957
  • Listing ID #:25607459
  • Added:12 day(s) ago
  • Updated:November 01, 2025 at 01:22 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:7
  • Living area:5,332 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1957
  • Building area:5,332 sq. ft.
  • Lot area:0.15 Acres

Finances and disclosures

  • Price:$2,000,000
  • Price per sq. ft.:$375.09
Based on information from California Regional Multiple Listing Service, Inc. as of November 2, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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