0 Marengo Street

Los Angeles, CA 90063

$550,000
Price
29,127 / 0.67
Lot Size / Acres

Description

Exciting Development Opportunity in City Terrace - Three Adjacent Hillside Lots with Spectacular Views, Totaling 29,127 sqft! We present an extraordinary investment proposition tailored for developers and investors seeking a remarkable opportunity. Nestled in City Terrace, this offering comprises three contiguous lots with a combined area of 29,127 sqft. Perched on a hillside, the location offers breathtaking 180-degree views of the surrounding University hills and the prestigious CSULA (Cal State...Exciting Development Opportunity in City Terrace - Three Adjacent Hillside Lots with Spectacular Views, Totaling 29,127 sqft! We present an extraordinary investment proposition tailored for developers and investors seeking a remarkable opportunity. Nestled in City Terrace, this offering comprises three contiguous lots with a combined area of 29,127 sqft. Perched on a hillside, the location offers breathtaking 180-degree views of the surrounding University hills and the prestigious CSULA (Cal State University Los Angeles). The potential for this property knows no bounds, allowing for a multitude of possibilities. With its proximity to CSULA, there exists the exciting prospect of developing student housing to cater to the university's growing population. Alternatively, the site holds great promise for residential development, making it an attractive venture for those seeking to create a vibrant community. These exceptional lots provide a canvas upon which visionary developers and investors can leave their mark. Capture the attention of those who value both natural beauty and strategic location, and seize the opportunity to shape the future of this remarkable locale. For more information and to explore this incredible development opportunity, please contact us. Together, let's transform possibilities into reality. Potential Buyers to verify any restriction and city ordinances regarding redevelopment and/or improvement to there satisfaction.
  1. Listed by Roland Castelar • DRE #01170252 • Engel & Voelkers Pasadena

Property Details for 0 Marengo Street

Subdivision Name
Not Applicable
View
City Lights

Location

Listing Courtesy of Engel & Voelkers Pasadena, Roland Castelar, DRE #01170252
Add your commute
LISTING UPDATED: 01/13/2024 04:26 PM

Property Details for 0 Marengo Street

StatusActive
MLS #P1-16192
Days on Market105
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand Lot
Year Built-
Lot Size0.67 AC
CountyLos Angeles County

Location

Listing Courtesy of Engel & Voelkers Pasadena, Roland Castelar, DRE #01170252
Add your commute

Building Information for 0 Marengo Street

Lot Size0.67 AC

Payment Calculator

$3,002 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Marengo Street

Summary
Location and General Information
  • Community Features: Curbs, Sidewalks, Street Lights
  • City: City Terrace
  • Country: US
  • Directions: On Marengo Southside of 10 freeway, West of City Terrance Drive (West of Harrison Elementary School)
  • Area: ELA - East Los Angeles
  • Road Surface Type: Paved
  • Unparsed Address: 0 Marengo Street, City Terrace, CA 90063
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Other Annual Assessment Amount: $3,340.00
Virtual Tour
  • Videos Count: 0
Property
Lot Information
  • Additional Parcels Description: 1. APN 5229-010-018: 13,120 sqft 2. APN 5229-010-019: 9,219 sqft 3. APN 5229-010-022: 6,788 sqft According to public records
  • Lot Features: Lot 20000-39999 Sqft, Sprinklers None, 0-1 Unit/Acre
  • Lot Size Acres: .67
  • Lot Size Square Feet: 29,127.00
  • Lot Size Area: 29,127.00
  • Lot Size Units: Square Feet
  • Parcel Number: 5229010018
  • Possible Use: Possible Use Comments, Multi-Family, Investment, Commercial
  • Road Frontage Type: City Street
  • Zoning: LCC2VV
  • Property Type: Land
Property and Assessments
  • Current Use: Unimproved
  • Documents Count: 0
  • Sign On Property: No
  • Senior Community: No
Utilities
  • Sewer: None
  • Utilities: None
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: None
Interior Features
  • Total Bathrooms: 0
  • View: Yes
Multi Family
Multi-Family Information
  • Special Listing Conditions: Standard

Property History for 0 Marengo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 0 Marengo Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Robert F. Kennedy Elementary School
PublicK to 6

Animo Ellen Ochoa Charter Middle
Charter6 to 8

Woodrow Wilson Senior High School
Public9 to 12

Abraham Lincoln Senior High School
Public9 to 12

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.

Similar Homes

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0 Marengo Street is a 0.67 ac of land for sale in Los Angeles, CA 90063. This property was listed for sale on January 13, 2024 by Engel & Voelkers Pasadena, it's currently listed at $550,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Robert F. Kennedy Elementary School, Animo Ellen Ochoa Charter Middle and Woodrow Wilson Senior High School. 0 Marengo Street is a 0-bed, 0-bath, 0.67 ac of land on a 29,127 sq. ft. / 0.67 acres lot.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Voelkers Pasadena, Roland Castelar, DRE #01170252

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.