Property listed by 24 Hour Real Estate, Miguel Franco 310-592-0602
2770 Marengo Street
Los Angeles, CA 90033
$999,999
Best of Both Worlds: Live in One unit, receive rent from other 3 units on this Wonderful and Special property with plenty of options to create your portfolio and maximize your investment...or simply...purchase this property and add to you existing Property Portfolio and all 4 can be rented...this property is… Read More a 4 Unit Multifamily Building featuring 1 unit with 2 bedrooms 1 bathrooms and 3 additional units of 1 bedroom 1 bathroom each, on a large parcel of land where it may be possible to build an additional ADU. Up and coming neighborhood just East of Downtown LA, Dodger Stadium, shopping, and other venues that the beautiful City of Los Angeles has to offer. Must see to appreciate and did I say: Priced to Sell!! Read Less
Listing Snapshot
Days Online
30
Last Updated
Property Type
Quadruplex
Lot Size
0.18 Acres
Year Built
1950
MLS Number
DW25228406
30 Days Snapshot Of 90033
$757k
+11%
(avg) sold price
3
+50%
homes sold
59
-24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1950, Building area total: 2,300, Levels: MultiSplit, 1 building, Common walls: NoCommonWalls
Community
Curbs, StreetLights, Sidewalks
Expenses
Insurance expense: $3,500, Operating expense: $5,500, Water sewer expense: $2,000
Fireplaces
None
Income
Gross income: $32,000, Net operating income: $31,852
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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