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2649 Marengo Street Los Angeles, CA $ 5,950,000
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$ 5,950,000 Get more info
2649 Marengo Street
$ 5,950,000
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2649 Marengo Street

Los Angeles, CA, 90033
$ 5,950,000
Bedrooms52 Baths6.0 Sq 29,096

Monthly Estimate*

$ 41,563

Listed by Steven M. Bogoyevac, Broker
2649 Marengo Street, Los Angeles, CA 90033 - Image 1
2649 Marengo Street, Los Angeles, CA 90033 - Image 2
2649 Marengo Street, Los Angeles, CA 90033 - Image 3
2649 Marengo Street, Los Angeles, CA 90033 - Image 4
2649 Marengo Street, Los Angeles, CA 90033 - Image 5
2649 Marengo Street, Los Angeles, CA 90033 - Image 6
2649 Marengo Street, Los Angeles, CA 90033 - Image 7
2649 Marengo Street, Los Angeles, CA 90033 - Image 8
2649 Marengo Street, Los Angeles, CA 90033 - Image 9
2649 Marengo Street, Los Angeles, CA 90033 - Image 10
2649 Marengo Street, Los Angeles, CA 90033 - Image 11
2649 Marengo Street, Los Angeles, CA 90033 - Image 12
2649 Marengo Street, Los Angeles, CA 90033 - Image 13

Multi-Family Home for sale in Los Angeles, CA

for $5,950,000 with 52 bedrooms and 6 full baths. This 29,096 square foot home was built in 1988 on a lot size of 0.6841.

M2649 Marengo Street is a 24-unit apartment property for sale in Los Angeles’ Boyle Heights neighborhood. The property’s desirable unit mix, spacious floor plans, huge upside potential, and great location proximate to Downtown Los Angeles amenities make this an excellent value-add opportunity. 2649 Marengo Street is a three-story, 29,096-square foot 1988 construction with a strong mix of six one-bed/one-bath, 10 two-bed/one-bath, six three-bed/two-bath, and two four-bed/two-bath units. The units boast extra large floor plans, making this property an attractive rental option. Each building has its own laundry room, and the property also offers a playground, 29 surface parking spots, and 22 tuck-under parking spots. Located in Boyle Heights, the property has easy access to Downtown Los Angeles’ entertainment and major employers, such as the nearby USC Medical Center. Boyle Heights’ proximity to Downtown has also made it a target of redevelopment in recent years, with nearby developments including new student housing, expansion at the medical center, a new hotel, and more.

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Multi-Family Active

Price

$ 5,950,000

Bedrooms

52

Full Bath

6

Property Type

Multi-Family

Taxes

$ 0

Style

MixedUse

Lot Size

0.6841

Year Built

1988

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24056719

Days on Market

38
Features
General
Sewer PublicSewer
Zoning LARD1.5
Garage Spaces 0.0
Pool Features None
Year Built 1988
Property SubType MixedUse
Gross Income 0.0
Community Features Urban
County Los Angeles
Net Operating Income 186192.0
Operating Expense 181686.0
Insurance Expense 0.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions between Fickett and Tremont
City Los Angeles
Entry Location 1
View Y/N N
Senior Community Y/N N
Open Parking Spaces 46.0
Total Units 24
MLS Area BOYH - Boyle Heights
Lot Size Square Feet 29798.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Marengo
Listing Terms Cash CashtoNewLoan
Property Attached Y/N N
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 0.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 19
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 22
Property Sub Type Additional MixedUse
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Exterior
Water Source Public
Total Parking 46.0
Lot Size Area 29798.0
Number of Buildings 6
Spa N
Building Area Total 29096.0
Lot Size Acres 0.6841
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 24
Number of Separate Electric Meters 24
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 3
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Street
Laundry Features CommonArea
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 2649
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* Excluded Features
List By
Steven M. Bogoyevac, Broker

Broker

(562) 257-1231

Phone

Affordability Calculator

$41,563
Per Month
100%
0%
0%
Monthly Principal & Interest
$41,563
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/10/2024$5,950,000 -6.30% Price Down
3/22/2024$6,350,000 Listed Price

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2649 Marengo Street, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $5,950,000 with 29,096 sqft and a lot size of 0.6841. 2649 Marengo Street has 52 bedrooms, 6.0 baths, and was built in 1988. The property's zip code is 90033 which is in Los Angeles, CA

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