3232 Marengo , City Terrace, CA 90063
$135,000
Est. Payment: $679.30/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 124
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

(Seller financing available)-Nestled in the vibrant and rapidly evolving neighborhood of City Terrace, this expansive 11,000 square foot lot presents a rare development opportunity with breathtaking panoramic views of Downtown Los Angeles. The property’s unique layout offers dual access points—from both Hicks Avenue and Marengo Street—providing exceptional flexibility for design, construction, and future use. With its generous size and strategic location, this lot is brimming with potential. Whether you envision a collection of modern homes or a custom estate, the possibilities are vast. Preliminary discussions suggest you may be able to build more than four residences here (buyer to verify with the city). Enjoy the best of Southern California living with stunning cityscape vistas and the convenience of a central Eastside location, just minutes from the Arts District, major freeways, and all that Downtown LA has to offer. Don’t miss this chance to be part of City Terrace’s exciting transformation—opportunities like this are few and far between.

Highlights

Listed by ERIK RUIZ , 323-722-7300 CENTURY 21 REALTY MASTERS , 323-722-7300. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
0.25

County

Los Angeles

Area

CTER - City Terrace

Listing ID

MB26066690

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Public

Exterior Features

Lot:0-1 Unit/Acre,Rectangular Lot,No Land Lease
Zoning:LCC2VV
Principal Interest
$679
Taxes
$86

Home Price

$135,000

Loan Details

30 yrs
6.453%

Down Payment

20%
$27,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$679.30

Principal

Taxes

Principal Taxes HOA Total
Monthly $679.30 $86.06 $0.00 $765.36
Yearly $8,151.58 $1,032.75 $0.00 $9,184.33
Total $244,547.52 $30,982.50 $0.00 $275,530.02

Today's Rates

30 Year

6.45%

20 Year

6.33%

15 Year

5.88%

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Current Listings

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Average Price

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Average Days on Market

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Market insight data is pulled from the same city as the listing being viewed (City Terrace, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-08T22:36:24.000Z

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