$130,000
 $698 est/mo Sourced by Back At You

3232 Marengo,City Terrace, CA 90063

City Terrace, CA 90063

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Description

*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 pointsfrom both Hicks Avenue and Marengo Streetproviding 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 transformationopportunities like this are few and far between.

Details

MLS #MB26066690
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site167
Listing Provided ByCENTURY 21 REALTY MASTERS | ERIK RUIZ

Features

ZoningLCC2VV
Acreage0.25
Property ViewYes

Exterior

Lot FeaturesZero To One Unit Acre, Rectangular Lot

Utilities

UtilitiesCable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Location

Community FeaturesCurbs, Gutters, Storm Drains, Street Lights, Sidewalks, Urban

Area Information

StateCA
CountyLos Angeles
CityCity Terrace
Zip Code90063
AreaCTER City Terrace
Listing VS Median (in 90063)
Price:
$130,000
low | high
Med:
$949,950
100% of Average
On site:
167
low | high
Med:
80
100% of Average
Sourced by Back At You

Market Activity 90063

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Learn More About This Property

StateCA
CountyLos Angeles
CityCity Terrace
Zip Code90063
AreaCTER City Terrace
Listing VS Median (in 90063)
Price:
$130,000
low | high
Med:
$949,950
100% of Average
On site:
167
low | high
Med:
80
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $97K - $162K
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
0 Marengo Property Photo 1
$499,000
0 Marengo
Los Angeles, CA 90063
Listing Updated: August 21, 2026 at 11:10:54 PM PDT