Active
2649 Marengo Street
Los Angeles CA, 90033
$5,950,000
$204.50 per sqft
Active
29,096 sqft
Multi-family
Built in 1988
Listed by Steven Bogoyevac with Steven M. Bogoyevac, Broker 562-436-5800
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.
PW24056719
MLSⓇ ID
March 21, 2024
Listed
April 12, 2024
Updated
Map
2649 Marengo Street
Los Angeles CA, 90033
Interior Features
Total Stories
3
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.68 Acres
Sewer
Public Sewer
Other Property Details
Area Name
BOYH - Boyle Heights
Days on Market
19
Garage
No
Parking Total
46
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
LARD1.5
Buyer Agency Compensation
2%
Listing History
Date | Event | Price |
|---|---|---|
4/10/2024 | Price Change | $5,950,000 -7% |
Listing Contact: 562-436-5800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/12/2024. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 4/12/2024 at 7:43 PM UTC