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$1,800,000

  • Sold
  • Closed
  • Multi-Family
  • 11 Total Beds
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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.

Full Property Details for 2305 S Marvin Ave

General

  • Sold For: $1,800,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25607459
  • Added to Site: 96 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 7

Bedrooms

  • Total Bedrooms: 11

Other Rooms

  • Laundry: Laundry Area

Additional Information

  • Other Features: None

Parking

  • Garage Description: Side By Side, Uncovered, Driveway

Location

  • Area: Mid Los Angeles
  • County: Los Angeles
  • Driving Directions: Near the corner of Marvin Ave and Washington Blvd

Heating & Cooling

  • Cooling Type: Air Conditioning
  • Heating Type: Wall

Structural Information

  • # Buildings: 1
  • Basement Desc.: Slab
  • Foundation: Slab
  • Common Walls: Attached
  • Stories/Levels: 0
  • Square Feet: 5,332
  • Sq. Ft. Source: Vendor Enhanced
  • Year Built: 1957
  • Year Built Source: Owner
  • Property Condition: Fixer

Unit Information

  • Units in Complex: 7
  • Unit Type: 2106, 2107

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.1493
  • Lot Size: 6503
  • Lot Size Source: Vendor Enhanced
  • Zoning: LARD1.5

Financial Considerations

  • Price Per Sq. Ft.: $375.09
  • Assessment Year: 1957

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 5063-021-029

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian

Listing agent

— 2305 S Marvin Ave —

  • Taylor Avakian

    Lyon Stahl Investment Real Estate, Inc.

Get Pre-Approved Today

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2305 S Marvin Ave

School District:Los Angeles Unified School District
NameGradesDistance
Marvin Elementary School, Los Angeles, CA
2411 South Marvin Avenue, Los Angeles, CA 90016
K-50.1 mi
Daniel Webster Middle School
11330 Graham Place, Los Angeles, CA 90064
7-84.1 mi
Alexander Hamilton Senior High School
2955 South Robertson Boulevard, Los Angeles, CA 90034
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2305 S Marvin Ave

Date
Details
Price
Change
Source
11/05/2025
Sold
$1,800,000
-10%
MLS
10/13/2025
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Lyon Stahl Investment Real Estate, Inc., Taylor Avakian

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2305 S Marvin Ave, Los Angeles, CA 90016 (MLS# 25607459) is a Multi-Family property that was sold at $1,800,000 on November 05, 2025. Want to learn more about 2305 S Marvin Ave? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.