2716 Marengo Street

Los Angeles, CA 90033

$699,000
Price
3
Beds
2
Baths
1,188 Sq. Ft.
$588 / Sq. Ft.
1,188
Sq. Ft.
$588
per Sq. Ft.

Description

Welcome to 2716 Marengo St, a versatile two-unit property located in the heart of Boyle Heights. This unique property offers the perfect balance of urban convenience and investment potential, making it an ideal choice for both homeowners and savvy investors. Situated just minutes from downtown Los Angeles, this property provides seamless access to major freeways, vibrant local amenities, and cultural landmarks. The front unit is a warm and inviting space, featuring two well-appointed bedrooms and...Welcome to 2716 Marengo St, a versatile two-unit property located in the heart of Boyle Heights. This unique property offers the perfect balance of urban convenience and investment potential, making it an ideal choice for both homeowners and savvy investors. Situated just minutes from downtown Los Angeles, this property provides seamless access to major freeways, vibrant local amenities, and cultural landmarks. The front unit is a warm and inviting space, featuring two well-appointed bedrooms and a thoughtfully designed layout. Natural light floods the living spaces, creating a cozy atmosphere perfect for relaxation or entertaining. The updated kitchen includes cabinetry with ample storage, while the bathroom boasts a touch of contemporary charm. A welcoming front porch and mature landscaping complete this charming home. The rear unit is a private retreat, offering a functional one-bedroom, one-bathroom layout. The compact design maximizes space efficiency without sacrificing comfort. The kitchen is well-equipped, and the bedroom provides a peaceful haven for relaxation. This unit also features access to a private outdoor patio area, perfect for al fresco dining or enjoying quiet evenings under the stars. Outside, the property offers ample space for both recreation and functionality. The backyard is large enough for gardening, entertaining, or potential future enhancements, and two storage sheds provide convenient options for keeping belongings organized. The detached garage offers parking or additional workspace, adding further value to this multifamily property. Located in the vibrant community of Boyle Heights, this property puts you in the center of it all. Enjoy a quick commute to downtown Los Angeles and nearby neighborhoods, along with easy access to local parks, schools, restaurants, and cultural hotspots. With its proximity to public transportation and major freeways, the property is perfectly positioned to cater to modern urban living. Whether you’re looking for a primary residence with rental income potential or a long-term investment opportunity, 2716 Marengo St is a rare find in one of LA’s most dynamic neighborhoods. Schedule your showing today and discover the possibilities this property has to offer!
  1. Listed by Marco Otero Ramirez • DRE #01952996 • Brokerage DRE #00760251 • Century 21 A Better Service • 562-413-7388
  2. Listed by J Luz Gonzalez Lopez • DRE #02110756 • Brokerage DRE #00760251 • Century 21 A Better Service

Property Details for 2716 Marengo Street

Parking Spaces Total
3
Private Pool
No
Total Units
2.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
1188
Assessor Parcel Number
5177-004-031
Property Attached YN
false
LISTING UPDATED: 12/09/2024 10:52 AM

Property Details for 2716 Marengo Street

StatusActive
MLS #DW23184836
Days on Market236
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1925
Lot Size0.18 AC / 7,915 SF
CountyLos Angeles County

Building Information for 2716 Marengo Street

Stories1Residences-Year Built1925Building Size-Lot Size0.18 AC / 7,915 SF

Property Information for 2716 Marengo Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $20,400
  • Gross Scheduled Income: $20,400
  • Net Operating Income: $17,400
Expense Details
  • Operating Expense: $3,900
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,500
  • Trash Expense: $0
  • Water Sewer Expense: $2,400
  • Total Expenses: $3,900
Tax / Assessment Info
  • Tax Block: 21
  • Tax Tract Number: 2032
  • Tax Census Tract: 2032.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 24
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: Street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Gentle Sloping
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $2,500
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1800
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Property History for 2716 Marengo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2716 Marengo Street

Taxable ValueLand$169,561Additions$62,797Total$232,358
Tax Record2024$3,142 ($262 / month)
Home Facts
Total Finished SqFt1,188 SqFtAbove Grade Finished SqFt1,188 SqFtLot Size7,951 SqFtStyleDuplexYear Built1925ZoningLAR2CountyLOS ANGELESAPN5177-004-031

Schools near 2716 Marengo Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Evergreen Avenue Elementary School
PublicK to 6

Extera Public Schools
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2716 Marengo Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on September 29, 2023 by Century 21 A Better Service, it's currently listed at $699,000. It has been on the market for a total of 236 days and was last sold on December 17, 2010. This listing's school district is Los Angeles Unified School District. Nearby schools include Evergreen Avenue Elementary School, Extera Public Schools and East Los Angeles Renaissance Academy At Esteban E. Torres High No. 2. 2716 Marengo Street is a 3-bed, 2-bath, 1,188 sqft multi-family home built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 A Better Service, Marco Otero Ramirez, DRE #01952996; Century 21 A Better Service, J Luz Gonzalez Lopez, DRE #02110756

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.