NOT LISTED FOR SALE

2540 Marengo St Los Angeles, CA 90033

Estimated Value: $991,000 - $1,108,000

4 Beds
3 Baths
2,072 Sq Ft
$503/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $950,000 $458 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,688/month

16 Days on Market

Highlights

  • Two Primary Bedrooms
  • City Lights View
  • Cooling System Mounted To A Wall/Window
  • James A. Garfield Senior High School Rated A
  • No HOA
  • Living Room

About This Home

As of March 2022

Great opportunity, location, location!! This is the house you are looking for. Features 4 bedrooms, 3 bathrooms. 2 bedrooms upstairs and a small living room. One of the bedrooms upstairs has a full bathroom. Downstairs includes 2 bedrooms, one of the bedrooms includes a full bathroom with an additional bathroom in the hallway. Good size living room, laundry room family room and kitchen. This home also has a basement that has a bedroom, bathroom, kitchen/living room that was totally remodeled just recently. There is plenty of parking in the back (up to 4 cars) with alley access and remote control to open the door. There is also an elevator rack for someone on wheel chair who can't go up and down the stairs. This is a great home for a big family or 2 families. This home is conveniently located near downtown LA, LAC-USC general hospital, Cal State university. It is also close to san Bernardino freeway and Golden State Freeway. You must see it to appreciate it.

Last Agent to Sell the Property

ELVIRA RANGEL

FIRST FAMILY HOMES License #01078110 Listed on: 01/27/2022

Last Buyer's Agent

Julie Ann Martin

Dilbeck Real Estate License #01380092

Dilbeck Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,247

Year Built

  • Built in 1928

Lot Details

  • 5,741 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Interior Spaces

  • 2,072 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • City Lights Views
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 16 / 20
  • Assessor Parcel Number 5177005028
  • $363 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,247

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5177005028
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2072.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 458.49
  • Room Type: Basement, Family Room, Kitchen, Laundry, Living Room, Two Masters

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5741.00
  • Lot Size Acres: 0.1318

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5741.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 2032.00
  • Tax Lot: 16
  • TaxOtherAnnualAssessmentAmount: 363.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Mar 8, 2022
Sold by
Manuel And Maria Gonzalez Living Trust
Bought by
Simpson Tamra and Medrano Jennifer
Seller's Agent
ELVIRA RANGEL
FIRST FAMILY HOMES
Buyer's Agent
Julie Ann Martin
Dilbeck Real Estate
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Current Estimated Value
$1,042,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,006
Avg. Annual Appreciation
2.15%
Original Mortgage
$950,000
Outstanding Balance
$889,234
Interest Rate
3.76%
Mortgage Type
VA
Estimated Equity
$132,875

Purchase Details

Closed on
Nov 2, 2021
Sold by
Gonzalez Manuel and Gonzalez Maria
Bought by
Gonzalez Manuel and Gonzales Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2019
Sold by
Gonzalez Manuel and Gonzalez Maria
Bought by
Gonzalez Manuel and Gonzalez Maria

Purchase Details

Closed on
May 18, 2018
Sold by
Gonzalez Manuel and Gonzalez Maria
Bought by
Gonzalez Manuel and Gonzalez Mareia

Purchase Details

Closed on
Aug 25, 2005
Sold by
Gonzalez Manuel and Gonzalez Maria
Bought by
Gonzalez Manuel and Gonzalez Maria
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Simpson Tamra $950,000 New Title Company Name
Gonzalez Manuel -- Old Republic Title Company
Gonzalez Manuel -- None Available
Gonzalez Manuel -- None Available
Gonzalez Manuel -- None Available
Gonzalez Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Tamra $950,000
Previous Owner Gonzalez Manuel $365,000
Previous Owner Gonzalez Manuel $365,000
Previous Owner Gonzalez Manuel $100,000
Previous Owner Gonzalez Manuel $111,700
Previous Owner Gonzalez Manuel $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $950,000 -4.5% $458 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/05/2022 02/05/22 Price Changed $995,000 -5.2% $480 / Sq Ft
01/27/2022 01/27/22 For Sale $1,050,000 -- $507 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,247 $1,008,146 $641,075 $367,071
2024 $12,247 $988,379 $628,505 $359,874
2023 $12,011 $969,000 $616,182 $352,818
2022 $1,996 $145,416 $24,170 $121,246
2021 $1,960 $142,566 $23,697 $118,869
2019 $1,906 $138,341 $22,996 $115,345
2018 $1,782 $135,630 $22,546 $113,084
2016 $1,679 $130,365 $21,671 $108,694
2015 $1,656 $128,408 $21,346 $107,062
2014 $1,669 $125,893 $20,928 $104,965
Source: Public Records

Agents Affiliated with this Home

  • ELVIRA RANGEL

    Seller's Agent in 2022

    ELVIRA RANGEL

    FIRST FAMILY HOMES

    (213) 590-4495

    1 in this area

    15 Total Sales

    ELVIRA RANGEL
    Section Image

  • J

    Buyer's Agent in 2022

    Julie Ann Martin

    Dilbeck Real Estate

    (818) 240-8100

    1 in this area

    28 Total Sales

    Julie Ann Martin
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22011687

California Regional Multiple Listing Service (CRMLS)

APN: 5177-005-028

California Los Angeles County Los Angeles 90033

2540 Marengo St, Los Angeles, CA

This home is located at 2540 Marengo St, Los Angeles, CA 90033 since 27 January 2022 and is currently estimated at $1,042,006, approximately $502 per square foot. This property was built in 1928. 2540 Marengo St is a home located in Los Angeles County with nearby schools including Evergreen Avenue Elementary School, Belvedere Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. 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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