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28841191
28841192

3232 Marengo St, Los Angeles, CA 90063

Brokers Trust Real Estate Group
Listed by Brokers Trust Real Estate Group
$139,000
183 days on market
Updated 79 days ago

0.25 Acres Multi-unit Zoning | Minutes to USC Medical, CSULA

Details
APN 5229-017-007
Property Type Land
Sub Type Residential
Broker Co-Op Yes
Acreage 0.253
Zoning R2

0.25 Acres Multi-unit Zoning | Minutes to Downtown, USC Medical, CalSate University-Los Angeles

Marketing description

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.

Listing Contacts

Brokers Trust Real Estate Group
Listed by Brokers Trust Real Estate Group

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