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2111 Marengo St, Los Angeles, CA 90033
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2111 Marengo St Los Angeles, CA 90033

$895,000
  • 4 Beds
  • 4 Baths
  • 2,424 Sq.Ft.
For Sale
$895,000 Get Pre-Qualified
Map preview of 2111 Marengo St, Los Angeles, CA 90033

Property Overview: 2111 Marengo St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,424 living square feet and 5,987 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: An investment opportunity awaits! This 4-plex is strategically positioned near the USC Health Sciences Campus, Keck Hopsital of USC, and Los Angeles General Medical Center. Featuring four 1-bedroom, 1-bathroom units. Residents will appreciate the proximity to a variety of dining and shopping destinations, with a Starbucks just a block away for morning pick-me-ups. Additionally, the property's excellent freeway access ensures effortless commuting and exploration of all that Los Angeles has to offer. Notably, the area is experiencing significant growth, with many new multi-use developments currently underway. Listing information is deemed reliable but not guaranteed. Prospective buyers should conduct thorough due diligence and consult with the appropriate professionals.

Listed by Edward Ward | BRE #02073888 | Acevedo Real Estate Corp
Co-listed by Steven Thomas | BRE #02117549 | Acevedo Real Estate Corp
Last checked: 12 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 18
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Home details

Lot Sq. Ft
5,987
HOA Dues
$0/mo
Year built
1943
Garage
--
Property Type:
Fourplex
Status
Active
MLS#
CV24078891
City
Los Angeles
County
Los Angeles
Time on Site
20 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,080
  • Total Rent: $1,080
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,040
  • Total Rent: $1,040
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $25,440
  • Net Operating Income: $18,205
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,235
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $370
  • Trash: $0
  • Gardener: $1,380
  • Insurance: $3,835
  • Water/Sewer: $1,797
  • Other Expenses: $1,358
  • Other Expense Description: Taxes

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Property Details for 2111 Marengo St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Common Area, Gas & Electric Dryer Hookup, Outside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Kitchen, Gas
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Attached Carport
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5201010034
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
Location / Neighborhood
Location Information
  • Directions: Marengo between N Soto St. and N Chicago St.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 2111 Marengo St

View property's historical transactions

  • April, 2024

  • Apr 19, 2024

    Date

    Active

    CRMLS: CV24078891

    $895,000

    Price

Tax History for 2111 Marengo St

Assessed Value (2020): $64,581
Year Land Value Improved Value Assessed Value
2020 $38,542 $26,039 $64,581

Home Value Compared to the Market

This property vs the competition

2111 Marengo St is listed 28.34% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $369.22 per/sqft which puts the price per square foot 52.3% lower than the median price per square foot for the city of Los Angeles.

About 2111 Marengo St

Detailed summary of property

2111 Marengo St is a fourplex located in Los Angeles, CA 90033 and is currently for sale. This fourplex offers 4 bedrooms, 4 bathrooms, roughly 2,424 living square feet, and sits on an approximately 5,987 square foot lot. 2111 Marengo St was first listed on ArdentRealEstateGroup.com on April 20, 2024. The homeowner is currently asking $895,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 28.34% lower than the median priced home. Local competing homes currently for sale include 459 Forest Ave, 2103 Michigan Ave and 2809 Folsom St. While the average home in Los Angeles, CA is selling in 93 days, 2111 Marengo St has a days on market of 18 days. There are currently 3618 homes for sale in the Los Angeles real estate market and 2437 of them are single family homes while 1084 of them are condos and 92 are townhomes. For more information on this home for sale at 2111 Marengo St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2111 Marengo St

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
2,424
Lot Size
5,985
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5201-010-034

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
11
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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