2683 E Marengo Street, East Los Angeles, California 90033, East Los Angeles, 90033 - 0 bed, 0 bath
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East Los Angeles, California 90033
This Multi-Unit Residential Income Asset is listed at $749,900, aligning with its $749,900 Fair Market Value. While priced at market, the property offers significant long-term upside through its oversized 8,191 sq. ft. lot and ADU/JADU potential, allowing for forced appreciation in a high-demand rental corridor. Featuring a Condition Rating of 4, the 1905-built triplex includes fully paid solar panels and a private cul-de-sac location. This versatile property is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to maximize rental income or multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2683 E Marengo Street Subject | $749,900* List Price | 0 | 0 | 2,206 | $340 | - |
A 917 N Mott St Sold | $685,000 | 0 | 0 | 2,156 | $318 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1905, this triplex is a well-maintained but aged investment property. While it features significant upgrades like fully paid solar panels, the interior finishes, kitchens, and bathrooms appear dated and consistent with a property that has undergone regular upkeep rather than a recent comprehensive renovation. The structure and systems are functional for rental use, but the property shows typical wear and aesthetic styles from several decades ago.
This triplex features a generous 8,161 sq. ft. lot with ADU/JADU potential, offering excellent opportunities for high rental yield or multi-generational living.
The property includes fully paid solar panels, providing significant long-term value and immediate utility cost savings for the owner or tenants.
Situated at the end of a quiet cul-de-sac, the property offers a rare level of suburban privacy and ample parking while maintaining urban accessibility.
Built in 1905, the property may require significant capital improvements to its structural, electrical, and plumbing systems to meet modern building codes.
Managing three separate units in a century-old building typically results in higher-than-average ongoing maintenance costs and repair requirements.
Welcome to 2683 Marengo Street in East Los Angeles! Tucked away at the end of a quiet cul-de-sac, this versatile three-unit property offers a rare investment or multi-generational living opportunity. Situated on a generous 8,161 sq. ft. lot, the property provides privacy, ample outdoor space, and room for potential expansion. Each unit is separately defined, giving options for owner-occupancy, extended family use, or steady rental income. The oversized lot accommodates multiple parking spaces and offers potential for additional ADU/JADU possibilities (buyer to verify with city). Even better, the property includes solar panels (paid in full), keeping utility costs low and adding long-term value. Conveniently located near major freeways, schools, shopping, and the vibrant East L.A. community, this property blends suburban privacy with urban accessibility. Whether you’re an investor seeking stable income or a homeowner looking to maximize value, 2683 Marengo Street is a unique opportunity with unlimited potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,206 | 2,206 | 50% |
| Lot Size | 8,191 | 5,849 | 91% |
| Price | $749.9K | $749.9K | 50% |
| Price per sq ft | $340 | $380 | 36% |
| Built year | 1905 | 1924 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 215 | 215 | 55% |
Sep 19, 2025
$749,900
Initial Listing