3232 Marengo Street, Los Angeles

$139,000

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0.25

Acres

About 3232 Marengo Street

Discover a rare development opportunity in the heart of East Los Angeles with this prime .25-acre (11,003 Sqft) parcel of land. Located with breathtaking panoramic views of the surrounding hills, mountains, and neighborhood, this property stretches from Marengo St to Hicks Ave, offering a perfect setting for a residential project. Ideal for a developer, the lot is zoned for the construction of a Primary Home, Accessory Dwelling Unit (ADU), and Junior ADU (Jr. ADU), each with separate, private access. The adjacent .26-acre (11,258 Sqft) lot is also available, offering a combined total of .51 acres (22,261 Sqft) and the potential for a 6-unit development, including 2 Primary Residences, 2 ADU's, and 2 Jr. ADU's (Buyer to verify all). Utility and sewer connections are conveniently available at the street, streamlining the development process and enhancing the appeal for future builders or investors. The property's prime location is just minutes from key landmarks such as California State University, Los Angeles, and USC Keck Medical Center, making it an ideal spot for residential ventures in this highly sought-after area. With easy access to major freeways - 10, 710, and 5 - commuting and connectivity are a breeze, offering convenience for residents and an attractive proposition for developers. Whether you're planning a vibrant new development or looking for a strategic investment, this land offers a blank canvas in one of Los Angeles' fastest-growing neighborhoods. Don't miss out on the opportunity to make your mark in this thriving area.

Features of 3232 Marengo Street

MLS® # 25495215
Price $139,000
Bathrooms 0.00
Acres 0.25
Type Land
Status Active

Community Information

Address 3232 Marengo Street
Area CTER - City Terrace
City Los Angeles
County Los Angeles
Zip Code 90063

Amenities

Utilities Overhead Utilities
View Hills, Mountain(s), City Lights
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description Rectangular Lot, Sloped Down, Sloped Up

Additional Information

Date Listed February 10th, 2025
Days on Market 265
Zoning R2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentFernando Lara
OfficeBrokers Trust Real Estate Group

Listing Map

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