Discover the perfect blend of charm, space, and opportunity with this renovated home! Situated on a generous 7,909-square-foot lot with R2-1 zoning, this property offers incredible potential. While title records show it as a single-family home (buyer to verify all permits and information), it includes an additional rear unit, opening the door to possibilities like an ADU (Accessory Dwelling Unit) for added income or multi-generational living. The home is equipped with a solar energy system, offering eco-friendly and cost-saving benefits. Whether you're looking for a comfortable residence or a smart investment, this property checks all the boxes. Conveniently located just minutes from DTLA, Keck Medicine of USC, USC Hospital, and major freeways (10, 5, and 101), it's ideal for homeowners and investors alike. Don't miss this opportunity to own a home with great potential in a prime location!
Property Details
Property Features
Property Information:
Architectural Style: See Remarks
Year Built: 1924
Stories: 1
Living Area: 1,220 SqFt
Listing Office:
Office Name: New Star Realty
Office Phone: (213) 385-4989
Listing Agent: Kyong Starrett
Interior Features
Interior Information:
Fireplace: Living Room
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 2
Total Bedroom Count: 5
Exterior Features
Exterior Information:
Private Pool: No
View: City Lights
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Other
Directions Information:
Directions: Located on the Southeast corner of Marengo Street and Tremont Street. Located right off the 10 Freeway exits.
Price Information
Listing Price Info
Price Summary:
List Price: $890,000
Price Per SqFt: $730/SqFt
Tax Information:
Annual Amount: $5,032
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $131.5K less than the Median Sold Price and $90/SqFt more than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24464095
Listing Office:
Office Name: New Star Realty
Office Phone: (213) 385-4989
Listing Agent: Kyong Starrett
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 4:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Nov 08, 2005
Nov 08, 2005Home Sold
$430,000
Apr 04, 2003
Apr 04, 2003Home Sold
$140,000
Jun 15, 1999
Jun 15, 1999Home Sold
$150,000
Oct 16, 1998
Oct 16, 1998Home Sold
$80,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$5,032
$397,703
2020
$4,886
$393,626
2019
$4,738
$385,909
2018
$4,635
$378,343
2017
$4,635
$370,925
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,509
Per Month
Principal & Interest
$4,442
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,735
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Evergreen Elementary School
2730 Ganahl St
Distance between this listing and this school0.14 miles
Public District Grades KG-6
3
/10
Murchison Street Elementary School
1501 Murchison St
Distance between this listing and this school0.40 miles
Public District Grades PK-6
4
/10
Harrison Street Elementary
3529 City Terrace Dr
Distance between this listing and this school0.51 miles
Public District Grades KG-6
Nearby Schools
3
/10
Extera Public
2226 E 3rd St
Distance between this listing and this school1.24 miles
Public Charter Grades KG-8
5
/10
Belvedere Middle School
312 N Record Ave
Distance between this listing and this school1.34 miles
Public District Grades 6-8
5
/10
Hollenbeck Middle School
2510 E 6th St
Distance between this listing and this school1.49 miles
Public District Grades 6-8
Nearby Schools
10
/10
Francisco Bravo Medical Magnet High School
1200 Cornwell St
Distance between this listing and this school0.42 miles
Public Magnet Grades 9-12
6
/10
Ednovate - East College Preparatory
3825 N Mission Rd
Distance between this listing and this school1.11 miles
Public Charter Grades 9-12
5
/10
Woodrow Wilson High School
4500 Multnomah St
Distance between this listing and this school1.24 miles
The neighbors living near this home have an average income of $42,275. The majority of Los Angeles, CA residents have income between $35k-100k annually. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 2708 Marengo St
What is the listing price of this property?
The listing price of 2708 Marengo St property is $890,000.
What type of property is this?
The property 2708 Marengo St is a house located in Los Angeles, California, 90033.
Is this property for sale now?
Active Listing: 2708 Marengo St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $5,032 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on November 8, 2005 for $430,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 2708 Marengo St has 5 bedrooms and 2 full and 1 half bathrooms.
What is the square footage of this property?
The property 2708 Marengo St is 1,220 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 2708 Marengo St is 1924.
This home is located at 2708 Marengo St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This 1,220 square foot home, which was built in 1924, sits on a 0.18 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 16, 2024 and is currently priced at $890,000.
In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.