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2716 Marengo St, Los Angeles, CA 90033
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2716 Marengo St Los Angeles, CA 90033

$710,000
  • 3 Beds
  • 2 Baths
  • 1,188 Sq.Ft.
For Sale
$710,000 Get Pre-Qualified
Map preview of 2716 Marengo St, Los Angeles, CA 90033

Property Overview: 2716 Marengo St Los Angeles, CA has 3 bedrooms, 2 bathrooms, 1,188 living square feet and 7,915 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: Discover the perfect blend of urban convenience and investment potential in Boyle Heights. Nestled just moments away from downtown LA, this prime location offers unparalleled access to the heart of the city and a network of freeways. Whether you're looking for your next home or a savvy investment opportunity, this property promises both. With its easy commute and potential for rental income, the future of your urban lifestyle awaits here.

Listed by Marco Otero Ramirez | BRE #01952996 | Century 21 A Better Service
Co-listed by J Luz Gonzalez Lopez | BRE #02110756 | Century 21 A Better Service
Last checked: 8 minutes ago | Last updated: April 24th, 2024 | Source CRMLS | DOM: 206
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Home details

Lot Sq. Ft
7,915
HOA Dues
$0/mo
Year built
1925
Garage
3 Car
Property Type:
Duplex
Status
Active
MLS#
DW23184836
City
Los Angeles
County
Los Angeles
Time on Site
206 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 3
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $700
  • Total Rent: $700
  • Pro Forma/Market Rent: $1,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $20,400
  • Net Operating Income: $17,400
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,900
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $1,500
  • Water/Sewer: $2,400

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Property Details for 2716 Marengo St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
Lot Information
  • Lot Features: Gentle Sloping
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5177004031
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Take exit off 10 fwy onto Wabash Ave and head north on Soto St then turn right on Marengo St. The property is on the right hand side.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2716 Marengo St

Last sold for $185,000 on January 13th, 2011

  • October, 2023

  • Oct 3, 2023

    Date

    Active

    CRMLS: DW23184836

    $750,000

    Price

  • January, 2011

  • Jan 13, 2011

    Date

    Sold (Public Records)

    Public Records

    $185,000

    Price

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Tax History for 2716 Marengo St

Assessed Value (2020): $216,715
Year Land Value Improved Value Assessed Value
2020 $158,145 $58,570 $216,715

Home Value Compared to the Market

This property vs the competition

2716 Marengo St is listed 43.15% 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 $772 and this home is listed at $597.64 per/sqft which puts the price per square foot 22.59% lower than the median price per square foot for the city of Los Angeles.

About 2716 Marengo St

Detailed summary of property

2716 Marengo St is a duplex located in Los Angeles, CA 90033 and is currently for sale. This duplex offers 3 bedrooms, 2 bathrooms, roughly 1,188 living square feet, and sits on an approximately 7,915 square foot lot. 2716 Marengo St was first listed on ArdentRealEstateGroup.com on October 4, 2023. The homeowner is currently asking $710,000 and was originally asking $750,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 43.15% lower than the median priced home. Local competing homes currently for sale include 3920-3922 E Hammel St, 3045 E 5th St and 509 Camulos St. While the average home in Los Angeles, CA is selling in 97 days, 2716 Marengo St has a days on market of 206 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 2716 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 2716 Marengo St

Public county record property details
Beds
3
Baths
2
Year built
1925
Sq. Ft.
1,188
Lot Size
7,951
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
5177-004-031

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
$778,000
Median List Price/Sq.Ft.
$536
Median Sold Price
$650,000
Median Sold Price/Sq.Ft.
$525
Total Inventory
11
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (100%), 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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