Extensively Renovated Historic Apartment
For Sale
Contact for pricing
5128 Marathon St, Los Angeles, CA 90038
Modernized apartment building with comprehensive capital improvements and historic character.
Property Size27,708 SF
Days on Market143
Property Features for 5128 Marathon St
General Information
Standard status
Active
Size
27,708 SF
Property subtype
Multifamily
Amenities
Completed in 1928, the Jardinette Apartments at 5128 Marathon Street represent Richard Neutra's first major independent commission in the United States.
The building quickly became recognized as one of the earliest expressions of the International Style in American residential architecture, particularly within the context of multifamily housing.
The four-story structure employs a reinforced concrete frame that allows for long horizontal spans and large expanses of glass.
Building Details
Building Size
27,708 SF
Units
43
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Neema Ahadian · License #License(s): CA: 01346750
(310) 909-5444
Source:
Marcusmillichap
Added: Apr 16
Changed: Aug 8
Last Checked: Sep 4 at 2:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
The Jardinette Apartments have undergone a comprehensive program of capital improvements and restoration, significantly upgrading the building’s infrastructure and interior systems while maintaining the historic character of the property. The renovation program focused on modernizing major building systems, improving structural integrity, and enhancing residential functionality in accordance with current building standards. Extensive work has been completed across multiple building systems, including structural, electrical, plumbing, mechanical, fire protection, and building envelope improvements. Structural upgrades and framing improvements were implemented to reinforce the building while preserving the original architectural design. Interior improvements included new framing, insulation, and drywall installation, along with substantial upgrades to the basement level. The building’s infrastructure has been modernized with new electrical systems, plumbing systems, gas lines, and mechanical systems, providing long-term operational efficiency and reliability. Electrical improvements include new service upgrades coordinated with Los Angeles Department of Water and Power (LADWP), along with new electrical fixtures, outlets, and lighting throughout the building. The plumbing system has been fully upgraded with new plumbing infrastructure, new plumbing fixtures, and a new water boiler system, supported by an upgraded LADWP plumbing service connection. Mechanical improvements include updated heating and cooling systems to improve comfort and efficiency for residents. Life-safety systems have also been significantly enhanced through the installation of new fire alarm and fire sprinkler systems throughout the building. Additional improvements include the installation of new windows, restoration of the building envelope, and the construction of custom-built kitchen cabinetry and countertops fabricated on site. Residential improvements also include the voluntary creation of 15 ADA-compliant units, expanding accessibility within the building. Together, these capital improvements represent a substantial modernization of the property while preserving the architectural integrity of this historically significant building.
Key Highlights
- Comprehensive capital improvements and restoration completed.
- All new electrical, plumbing, gas, and mechanical systems installed.
- New fire alarm and fire sprinkler systems installed, significantly enhancing life‑safety.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,706
Businesses Nearby
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Business Placement
Demographics for 90038, CA
27,414
Population
14,998
Households
1.8
Avg Household Size
36
Median Age
41%
College-Educated
76%
High-School Grad
1.5 sq mi
ZIP Area
18,276
Density / Sq Mi
$61,566
Median Household Income
$36,844
Median Earnings
$1,764
Median Rent
$1,089,200
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Modernized apartment building with comprehensive capital improvements and historic character.
Where is this apartment building located?
The property is located at 5128 Marathon St Los Angeles, CA.
What are key features of this property?
This property features: Comprehensive capital improvements and restoration completed.; All new electrical, plumbing, gas, and mechanical systems installed.; New fire alarm and fire sprinkler systems installed, significantly enhancing life‑safety.
