2111 Marengo Street

Los Angeles, CA 90033

$895,000
Price
4
Beds
4
Baths
2,424 Sq. Ft.
$369 / Sq. Ft.
2,424
Sq. Ft.
$369
per Sq. Ft.

Description

An investment opportunity awaits! This 4-plex is strategically positioned near the USC Health Sciences Campus, Keck Hopsital of USC, and Los Angeles General Medical Center. Featuring four 1-bedroom, 1-bathroom units. Residents will appreciate the proximity to a variety of dining and shopping destinations, with a Starbucks just a block away for morning pick-me-ups. Additionally, the property's excellent freeway access ensures effortless commuting and exploration of all that Los Angeles has to offer....An investment opportunity awaits! This 4-plex is strategically positioned near the USC Health Sciences Campus, Keck Hopsital of USC, and Los Angeles General Medical Center. Featuring four 1-bedroom, 1-bathroom units. Residents will appreciate the proximity to a variety of dining and shopping destinations, with a Starbucks just a block away for morning pick-me-ups. Additionally, the property's excellent freeway access ensures effortless commuting and exploration of all that Los Angeles has to offer. Notably, the area is experiencing significant growth, with many new multi-use developments currently underway. Listing information is deemed reliable but not guaranteed. Prospective buyers should conduct thorough due diligence and consult with the appropriate professionals.
  1. Listed by Edward Ward • DRE #02073888 • Brokerage DRE #02221174 • Acevedo Real Estate Corp
  2. Listed by Steven Thomas • DRE #02117549 • Brokerage DRE #02221174 • Acevedo Real Estate Corp

Property Details for 2111 Marengo Street

Parking Spaces Total
4
Private Pool
No
Cooling Type
N/K
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2424
Assessor Parcel Number
5201-010-034

Location

Listing Courtesy of Acevedo Real Estate Corp, Edward Ward, DRE #02073888; Acevedo Real Estate Corp, Steven Thomas, DRE #02117549
Add your commute
LISTING UPDATED: 05/15/2024 02:09 AM

Property Details for 2111 Marengo Street

StatusPending
MLS #CV24078891
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1943
Lot Size0.14 AC / 5,987 SF
CountyLos Angeles County

Location

Listing Courtesy of Acevedo Real Estate Corp, Edward Ward, DRE #02073888; Acevedo Real Estate Corp, Steven Thomas, DRE #02117549
Add your commute

Building Information for 2111 Marengo Street

Stories1Residences-Year Built1943Building Size-Lot Size0.14 AC / 5,987 SF

Payment Calculator

$4,999 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,884

Property Taxes

$115

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2111 Marengo Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $18,205
  • Gross Scheduled Income: $25,440
  • Net Operating Income: $18,205
Expense Details
  • Operating Expense: $7,235
  • Operating Expense Percent: 12.00%
  • Gardener Expense: $1,380
  • Fuel Expense: $0
  • Licenses Expense: $370
  • Electric Expense: $0
  • Insurance Expense: $3,835
  • Other Expense: $1,358
  • Other Expense Description: Taxes
  • Trash Expense: $0
  • Water Sewer Expense: $1,797
  • Total Expenses: $7,235
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 0
  • Tax Census Tract: 2033.00
  • CFD/Mello-Roos Fee: $567
  • Tax Lot: 23
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: None
  • Equipment: Gas Or Electric Dryer Hookup, Laundry Area, None, Outside, Washer Hookup
  • Laundry: Yes
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup, Outside, Washer Hookup
  • Fireplace Features: Kitchen, Gas
  • Fireplace Rooms: Gas, Kitchen
  • Cooling: None
  • Heating Type: Wall
  • Heating: Wall Furnace
  • Flooring: Carpet, Laminate
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Electric: Cable Available, Electricity Available, Natural Gas Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Attached Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,040
  • Unit Type Total Rent: $1,040
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,080
  • Unit Type Total Rent: $1,080
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 2
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 2111 Marengo Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2111 Marengo Street

Taxable ValueLand$40,513Additions$27,370Total$67,883
Tax Record2023$1,381 ($115 / month)
Home Facts
Total Finished SqFt2,424 SqFtAbove Grade Finished SqFt2,424 SqFtLot Size5,985 SqFtStyleQuadraplexZoningLAC2CountyLOS ANGELESAPN5201-010-034

Schools near 2111 Marengo Street

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

Extera Public Schools
CharterK to 8

Abraham Lincoln Senior High School
Public9 to 12

Woodrow Wilson 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.

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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 Acevedo Real Estate Corp, Edward Ward, DRE #02073888; Acevedo Real Estate Corp, Steven Thomas, DRE #02117549

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.