2770 Marengo Street

Los Angeles, CA 90033

$999,999
Price
5
Beds
2
Baths
2,300 Sq. Ft.
$435 / Sq. Ft.
2,300
Sq. Ft.
$435
per Sq. Ft.

Description

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.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.
  1. Listed by Miguel Franco • DRE #01442651 • Brokerage DRE #01220332 • 24 Hour Real Estate • 310-592-0602

Property Details for 2770 Marengo Street

Parking Spaces Total
0
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
2300
Assessor Parcel Number
5177-004-018
Property Attached YN
false
LISTING UPDATED: 09/09/2024 08:36 AM

Property Details for 2770 Marengo Street

StatusActive
MLS #DW24161449
Days on Market45
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
CountyLos Angeles County

Building Information for 2770 Marengo Street

Building/Complex2770 Marengo StFloor-Stories2Residences-Pet Policy-Year Built1950Building Size-

Property Information for 2770 Marengo Street

Rental Info
Rental Info
  • Tenant Pays: All Utilities
Income / Expense / Tax Details
Income Details
  • Gross Income: $4,895
  • Gross Scheduled Income: $4,985
  • Net Operating Income: $4,265
Expense Details
  • Operating Expense: $720
  • Fuel Expense: $0
  • Electric Expense: $1,500
  • Insurance Expense: $3,600
  • Trash Expense: $720
  • Water Sewer Expense: $2,880
  • Total Expenses: $7,200
Tax / Assessment Info
  • Tax Block: 21
  • Tax Tract Number: 5177
  • Tax Census Tract: 2032.00
  • CFD/Mello-Roos Fee: $533
  • Tax Lot: 12
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: Side
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Back Yard, Gentle Sloping, Lot 6500-9999, Rectangular Lot
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: None
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: None
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: 0
  • Unit Type Actual Rent: $1,062
  • Unit Type Total Rent: $1,062
  • Unit Type Pro Forma: 2400
  • 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: 0
  • Unit Type Actual Rent: $1,800
  • Unit Type Total Rent: $1,800
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $926
  • Unit Type Total Rent: $926
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 0
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $974
  • Unit Type Total Rent: $974
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 2770 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 2770 Marengo Street

Taxable ValueLand$624,240Additions$249,696Total$873,936
Tax Record2023$10,809 ($901 / month)
Home Facts
Total Finished SqFt2,300 SqFtAbove Grade Finished SqFt2,300 SqFtLot Size8,000 SqFtStyleQuadraplexYear Built1950ZoningLAR2CountyLOS ANGELESAPN5177-004-018

Schools near 2770 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.

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2770 Marengo Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on August 5, 2024 by 24 Hour Real Estate, it's currently listed at $999,999. It has been on the market for a total of 45 days and was last sold on June 23, 2022. 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. 2770 Marengo Street is a 5-bed, 2-bath, 2,300 sqft multi-family home built in 1950.

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 24 Hour Real Estate, Miguel Franco, DRE #01442651

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.