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2683 E Marengo Street, East Los Angeles, California 90033, East Los Angeles, 90033 - bed, bath

2683 E Marengo Street, East Los Angeles, California 90033 home-pic-0
ACTIVE$749,900
2683 E Marengo Street, East Los Angeles, California 90033
0Bed
0Bath
2,206Sqft
8,191Lot
Year Built
1905
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$340
HOA
-
Days on market
-
Sold On
-
MLS number
PW25220174
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $749.9K(50th), sqft - 2206(50th), beds - undefined(50th), baths - undefined(50th).

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.

Price History

Date
Event
Price
09/19/25
Listing
$749,900
Condition Rating
Poor
Built in 1905, this property shows significant signs of age and deferred maintenance. The exterior images reveal worn stucco, exposed wiring, a visible window AC unit (suggesting no central cooling), and a boarded-up window, which is a major red flag for safety and structural integrity. The complete absence of interior photos, especially of the kitchen and bathrooms, strongly indicates these areas are in very poor, outdated condition and require substantial renovation. While the property includes solar panels, this modern amenity does not offset the extensive repairs and rehabilitation needed throughout the rest of the structure to meet current living standards.
Pros & Cons

Pros

Multi-Unit Investment Opportunity: This versatile three-unit property offers significant potential for investment income, owner-occupancy with rental income, or multi-generational living arrangements, enhancing its financial appeal.
Generous Lot Size & Expansion Potential: Situated on an 8,161 sq. ft. lot, the property provides ample outdoor space, privacy, multiple parking options, and room for potential additional dwelling units (ADU/JADU), offering future value-add opportunities.
Paid Solar Panels: The inclusion of fully paid solar panels significantly reduces utility costs for the property, contributing to lower operating expenses and adding long-term value.
Quiet Cul-de-Sac Location: Tucked away at the end of a quiet cul-de-sac, the property benefits from enhanced privacy and reduced traffic, a desirable feature for residents.
Urban Accessibility: Conveniently located near major freeways, schools, shopping, and the vibrant East L.A. community, offering a blend of suburban privacy with easy access to urban amenities and transportation.

Cons

Historic Property Age: Built in 1905, the property's age suggests potential for outdated systems, deferred maintenance, and the need for significant renovations or upgrades to meet modern standards and maximize rental income.
Unspecified Unit Condition: The description lacks specific details regarding the interior condition or recent updates of the individual units, implying they may require renovation to optimize appeal and rental value.
ADU/JADU Verification Required: While ADU/JADU potential is noted, the requirement for the buyer to verify with the city introduces uncertainty, potential costs, and effort, making it not a guaranteed or immediate value-add.

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