NOT LISTED FOR SALE

2916 Marengo St Los Angeles, CA 90033

Estimated Value: $905,000 - $1,177,000

5 Beds
3 Baths
1,900 Sq Ft
$543/Sq Ft Est. Value

Last Sold March 11, 2021

Last sale price $850,000 $447 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,556/month

12 Days on Market

Highlights

  • City Lights View
  • Property is near public transit
  • Laundry Room
  • James A. Garfield Senior High School Rated A
  • Private Yard
  • Rectangular Lot

About This Home

As of March 2021

Location! VIEWS! TRULY ONE OF A KIND!!! 3 UNITS centrally located in the heart of Boyle Heights! LIVE IN 1 & RENT THE OTHER 2! Peek a boo views of the DTLA skyline & beautiful San Gabriel Mountains! EXCELLENT UNIT MIX! Top story consists of side by side units, each w/2 bedrooms & 1 bath. Both upper units have rear exits leading to the newly hardscaped spacious yard.Open floor plans which encompass the living room, dining area as well as kitchen. Newly installed modern gray laminate wood flooring throughout. The long hallway lined w/new recessed lighting, leads to both bedrooms as well as the bathroom. North facing living rooms in each unit= plenty of natural light illuminating the space. ! bdr/1 bath downstairs. All 3 units have newly installed kitchen cabinets & custom granite countertops. Newer light fixtures & recessed lighting throughout! Long driveway leads to the rear yard & a spacious newly cemented area=plenty of parking. Drought tolerant land/hardscape. Established citrus trees at rear. Walk Score® of 66.TransitScore® of 51.Close to public transport, shops, restaurants, schools, Cal State LA, DTLA & various fwys: 10, 60, 710, 5 & 101 fwys. About 1.1 miles from the Metro Gold line (Runs from Azusa/East LA).Short distance to several Metro bus lines. Info deemed reliable but not guaranteed. Buyer to verify all info & entire condition on their own & must satisfy themselves as to all aspects of this property.

Last Agent to Sell the Property

Jennifer Avellan

Keller Williams SELA License #01468000 Listed on: 01/30/2021

Keller Williams SELA

Last Buyer's Agent

Diana Hernandez

Century 21 Allstars License #01814655

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,204

Year Built

  • Built in 1924

Lot Details

  • 4,788 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Private Yard
  • Back Yard

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer Hookup

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Property is near public transit
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 6 / 22
  • Tax Tract Number 2032
  • Assessor Parcel Number 5229003006

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,204

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5229003006
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 447.37

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Upper Level, Washer Hookup
  • Sewer: Unknown

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Rectangular Lot, Near Public Transit, Paved, Yard
  • Lot Size Sq Ft: 4788.00
  • Lot Size Acres: 0.1099

Multi Family

  • Lot Size Area: 4788.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: 22
  • Tax Census Tract: 2032.00
  • Tax Lot: 6
  • Tax Tract Number: 2032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2021
Closed on
Feb 18, 2021
Sold by
Royalty 26 Inc
Bought by
Cisneros Robert
Seller's Agent
Jennifer Avellan
Keller Williams SELA
Buyer's Agent
Diana Hernandez
Century 21 Allstars
List Price
$799,800
Sold Price
$850,000
Premium/Discount to List
$50,200
6.28%
Current Estimated Value
$1,031,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,776
Avg. Annual Appreciation
4.46%
Original Mortgage
$680,000
Outstanding Balance
$610,955
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$420,821

Purchase Details

Listed on
Oct 18, 2019
Closed on
Jan 9, 2020
Sold by
Montoya Dolores and Dolores Montoya Living Trust
Bought by
Royalty 26 Inc
Seller's Agent
Dave Shorter
David Shorter, Broker
Buyer's Agent
Dave Shorter
David Shorter, Broker
List Price
$470,000
Sold Price
$440,000
Premium/Discount to List
-$30,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.02%
Original Mortgage
$200,000
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 21, 2015
Sold by
Trevis Gabriel
Bought by
The Dolores Montoya Living Trust

Purchase Details

Closed on
Aug 22, 2001
Sold by
Trevis Richard and Trevis Helen
Bought by
Trevis Richard
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
Cisneros Robert $850,000 Stewart Title
Royalty 26 Inc $440,000 Stewart Title Of Califronia
The Dolores Montoya Living Trust -- None Available
The Dolores Montoya Living Trust -- None Available
Montoya Dolores -- None Available
Trevis Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cisneros Robert $680,000
Previous Owner Royalty 26 Inc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2021 03/11/21 Sold $850,000 0.0% $447 / Sq Ft
02/17/2021 02/17/21 Price Changed $850,000 0.0% $447 / Sq Ft
02/11/2021 02/11/21 Off Market $850,000 -- --
02/11/2021 02/11/21 Pending -- -- --
01/30/2021 01/30/21 For Sale $799,800 +81.8% $421 / Sq Ft
01/29/2020 01/29/20 Sold $440,000 0.0% $302 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
10/29/2019 10/29/19 Off Market $440,000 -- --
10/18/2019 10/18/19 For Sale $470,000 -- $323 / 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 $11,204 $920,065 $487,093 $432,972
2024 $11,204 $902,026 $477,543 $424,483
2023 $10,989 $884,340 $468,180 $416,160
2022 $10,444 $867,000 $459,000 $408,000
2021 $5,528 $444,557 $262,693 $181,864
2020 $2,782 $206,737 $143,679 $63,058
2019 $2,681 $202,684 $140,862 $61,822
2018 $2,585 $198,710 $138,100 $60,610
2016 $482 $32,047 $15,505 $16,542
2015 $476 $31,567 $15,273 $16,294
2014 $490 $30,949 $14,974 $15,975
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Avellan

    Seller's Agent in 2021

    Jennifer Avellan

    Keller Williams SELA

    (310) 346-7851

    12 in this area

    169 Total Sales

    Section Image

  • D

    Buyer's Agent in 2021

    Diana Hernandez

    Century 21 Allstars

    Section Image

  • D

    Seller's Agent in 2020

    Dave Shorter

    David Shorter, Broker

    (562) 862-7878

    2 in this area

    30 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21014496

California Regional Multiple Listing Service (CRMLS)

APN: 5229-003-006

California Los Angeles County Los Angeles 90033

2916 Marengo St, Los Angeles, CA

This home is located at 2916 Marengo St, Los Angeles, CA 90033 since 30 January 2021 and is currently estimated at $1,031,776, approximately $543 per square foot. This property was built in 1924. 2916 Marengo St is a home located in Los Angeles County with nearby schools including Harrison Street 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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