City Terrace homes
For sale219 days on market
$130,000

3232 Marengo, City Terrace, CA 90063

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Beds
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Baths
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Sq ft

About this home

*Seller will carry*-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.

Type
Residential
Year built
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Lot
11,003 sq ft
Garage
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HOA
None
Pool
No
View
Mountain(s)
Solar
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Estimated payment
$820/mo
  • Principal & interest$657
  • Property tax (est.)$125
  • Home insurance (est.)$38

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of ERIK RUIZ, CENTURY 21 REALTY MASTERS, 323-490-9434. MLS# MB26066690. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 8:24 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.