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2770 Marengo St, Los Angeles, CA 90033
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2770 Marengo St Los Angeles, CA 90033

$999,999
  • 5 Beds
  • 2 Baths
  • 2,300 Sq.Ft.
For Sale
$999,999 Get Pre-Qualified
Map preview of 2770 Marengo St, Los Angeles, CA 90033

Property Overview: 2770 Marengo St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 2,300 living square feet and 7,995 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: PRICE REDUCED!!! Seller Very Motivated! Potential is the word to describe this 4 Unit Residential Income Property located in the outer limits East of Downtown Los Angeles off the 10 FWY. 3 Units are 1 bedroom 1 bathroom each and 1 unit is a 2-bedroom 1 bathroom...Did I mention it's on an 8,000 sqft lot? lots of land in the rear of the property, depending on city or appropriate agencies regarding the possibilities and options you might have.

Listed by Miguel Franco | BRE #01442651 | 24 Hour Real Estate
Last checked: 3 minutes ago | Last updated: September 9th, 2024 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
7,995
HOA Dues
$0/mo
Year built
1950
Garage
--
Property Type:
Apartment
Status
Active
MLS#
DW24161449
City
Los Angeles
County
Los Angeles
Time on Site
43 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # 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: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $974
  • Total Rent: $974
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,061
  • Total Rent: $1,061
  • Pro Forma/Market Rent: $2,400
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 0
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $925
  • Total Rent: $925
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $4,985
  • Net Operating Income: $4,265
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $720
  • Electric: $1,500
  • Gas/Fuel: $0
  • Trash: $720
  • Insurance: $3,600
  • Water/Sewer: $2,880

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Property Details for 2770 Marengo St

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: 2-5 Units/Acre, Back Yard, Gentle Sloping, Lot 6500-9999, Rectangular Lot
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 5177004018
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: East of Soto Street; South of 10 FWY; North of Wabash Avenue; West of N Evergreen Avenue.
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 2770 Marengo St

Last leased for $1,800 on July 24th, 2023

  • August, 2024

  • Aug 6, 2024

    Date

    Active

    CRMLS: DW24161449

    $1,050,000

    Price

  • July, 2023

  • Jul 24, 2023

    Date

    Leased

    CRMLS: SB23122408

    $1,800

    Price

  • Jul 8, 2023

    Date

    Active

    CRMLS: SB23122408

    $1,650

    Price

  • Listing provided courtesy of CRMLS

    Spacious 1 bedroom and 1 full bathroom with 1 parking space. Unit located on second floor

  • September, 2022

  • Sep 4, 2022

    Date

    Leased

    CRMLS: PW22175427

    $1,650

    Price

  • Aug 9, 2022

    Date

    Active

    CRMLS: PW22175427

    $1,650

    Price

  • Listing provided courtesy of CRMLS

    Move in ready. Spacious 1 bedroom and 1 full bathroom. Only four units in this complex. Fresh paint through out. This one bedroom space could make for a great spot for those who are looking for an efficient space. There is convenient one car parking space assigned to your unit inside the property. You are also close to transportation hubs, freeways and all the entertainment Down Town L.A. has to offer. The Dodgers, the Lakers, L.A. Live all within a few minutes away. Tenant/Agent is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. All occupants over 18 to complete standard background checks. No pets allowed.

  • June, 2022

  • Jun 23, 2022

    Date

    Sold

    CRMLS: 320008266

    $840,000

    Price

  • Nov 1, 2021

    Date

    Active

    CRMLS: 320008266

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    Magnificent Fourplex recently renovated, consisting of three one bedroom units & one two bedroom unit conveniently located less than 1 mile from USC Hospital in East Los Angeles. Property is situated on a 8,000 square foot lot and securely gated with plenty of on site parking including separately metered utilities, individual water heaters & tenants pay for all utilities including electricity, gas & trash providing very low expenses. Zoning LAR2.Total monthly income $4,348.

  • July, 2019

  • Jul 26, 2019

    Date

    Expired

    CRMLS: 318002988

    $749,000

    Price

  • Dec 7, 2018

    Date

    Hold

    CRMLS: 318002988

    $749,000

    Price

  • Jul 26, 2018

    Date

    Active

    CRMLS: 318002988

    $749,000

    Price

  • Listing provided courtesy of CRMLS

    Socal City Properties is pleased to present this 4 unit property in Boyle Heights consisting of three 1 bedroom 1 bath units & one 2 bedroom 1 bath unit. All units have individual water heaters & separately metered for gas & electric including 4 gated parking spaces. Building has many upgrades including dual pane windows, new paint, partial copper plumbing & landscape including new sprinkler irrigation.

  • January, 2017

  • Jan 31, 2017

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • April, 2015

  • Apr 28, 2015

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

Show More

Tax History for 2770 Marengo St

Assessed Value (2020): $494,519
Year Land Value Improved Value Assessed Value
2020 $357,154 $137,365 $494,519

Home Value Compared to the Market

This property vs the competition

2770 Marengo St is listed 16.67% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $434.78 per/sqft which puts the price per square foot 43.39% lower than the median price per square foot for the city of Los Angeles.

About 2770 Marengo St

Detailed summary of property

2770 Marengo St is a apartment located in Los Angeles, CA 90033 and is currently for sale. This apartment offers 5 bedrooms, 2 bathrooms, roughly 2,300 living square feet, and sits on an approximately 7,995 square foot lot. 2770 Marengo St was first listed on ArdentRealEstateGroup.com on August 6, 2024. The homeowner is currently asking $999,999 and was originally asking $1,050,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 16.67% lower than the median priced home. Local competing homes currently for sale include 923 N Alma Ave, 608 N Breed St and 2811 Cincinnati St. While the average home in Los Angeles, CA is selling in 106 days, 2770 Marengo St has a days on market of 43 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2770 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 2770 Marengo St

Public county record property details
Beds
5
Baths
4
Year built
1950
Sq. Ft.
2,300
Lot Size
8,000
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
12
APN
5177-004-018

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
$749,000
Median List Price/Sq.Ft.
$444
Median Sold Price
$660,000
Median Sold Price/Sq.Ft.
$700
Total Inventory
8
Median Sale to List Price %
96.35%
Avg Days on Market
30
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (40%)

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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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