1 year on rocket

2716 Marengo St, Los Angeles, CA, 90033

$699,000

Home List Price

$8,301*

Closing Credit

0 Baths
Multi

Location

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2716 Marengo St, Los Angeles$699,000

Buyer Closing Credits

$8,301*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage3 spaces
Year Built1925
MLS #DW23184836
Lot Size0.18 Acres
StatusActive

About 2716 Marengo St

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!

Property Details

Property Features

Property Information:

  • Year Built: 1925
  • Stories: 1

Listing Office:

  • Office Name: Century 21 A Better Service
  • Office Phone: (562) 413-7388
  • Listing Agent: Marco Otero Ramirez

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces

Lot Features

Lot Information:

  • Lot: Gentle Sloping
  • Lot Size: 0.18 Acres

Other

Directions 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $699,000

Tax Information:

  • Annual Amount: $2,913
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

2716 Marengo St vs Los Angeles

442 DAYS ON ROCKET

+404 Days

$699,000

-$322.5K Less

KEY TAKEAWAY

This property is $322.5K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW23184836

Listing Office:

  • Office Name: Century 21 A Better Service
  • Office Phone: (562) 413-7388
  • Listing Agent: Marco Otero Ramirez

IDX 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, 10:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,913$218,959
2020$2,831$216,715
2019$2,713$212,467
2018$2,654$208,302
2017$2,654$204,219

History based on county public records data.

Payment Calculator

$3,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,162

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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.

Nearby Schools

school-card-donut-115619
5
/10

  • Evergreen Elementary School

  • 2730 Ganahl St

  • 0.14 miles

  • Public District Grades KG-6

school-card-donut-115620
3
/10

  • Murchison Street Elementary School

  • 1501 Murchison St

  • 0.39 miles

  • Public District Grades PK-6

school-card-donut-115621
4
/10

  • Harrison Street Elementary

  • 3529 City Terrace Dr

  • 0.49 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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. Most families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90033›2716 Marengo St

This home is located at 2716 Marengo St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. This home, which was built in 1925, sits on a 0.18 acre lot. It has been listed on Rocket Homes since October 04, 2023 and is currently priced at $699,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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