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 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.

Property details

Property type

Land

Lot size

11,003 sqft

Location

3232 Marengo • City Terrace, CA 90063

More homes for sale and rent in City Terrace, CA →

Listed by

ERIK RUIZ · CENTURY 21 REALTY MASTERS

Similar Listings

Recent sales near 3232 Marengo

1239 Stone Street: Sold $915,000 · 4 bd · 3 ba · 1,659 sqft · Jul 2026 · 0.1 mi
Compass | DRE #01137955
Buyer's agent: Roxanna Godinez, Compass | DRE #01137955
1258 N Ditman: Sold $780,000 · Jun 2026 · 0.1 mi
T.N.G. Real Estate Consultants | DRE #01859433
Buyer's agent: Vicky De La Herran, Excellence RE Real Estate, Inc. | DRE #01990435
3538 City Terrace Drive: Sold $1,087,000 · Jul 2026 · 0.2 mi
Big Block Powerhouse Realty | DRE #01240004
Buyer's agent: Isabel Vasquez, Big Block Powerhouse Realty | DRE #01240004
3566 City Terrace Drive: Sold $810,000 · 3 bd · 2 ba · 1,064 sqft · May 2026 · 0.2 mi
Coldwell Banker Realty | DRE #02192025
Buyer's agent: Brandon Walls, Compass | DRE #01806256
1156 N Hicks: Sold $675,000 · 2 bd · 1 ba · 788 sqft · Jul 2026 · 0.2 mi
RE/MAX Dynasty | DRE #02308947
Buyer's agent: Luis Cossio Suarez, RE/MAX Dynasty | DRE #02308947
3202 Ganahl: Sold $600,000 · 4 bd · 3 ba · 1,578 sqft · Jul 2026 · 0.3 mi
Century 21 Realty Masters | DRE #01455611
Buyer's agent: Esthela Macias, NONMEMBER MRML | DRE #California
3611 Whiteside Street: Sold $785,000 · 4 bd · 2 ba · 1,671 sqft · May 2026 · 0.3 mi
The Core Agency | DRE #01373253
Buyer's agent: Lisa Osborn, Equity Union Real Estate | DRE #02041996
1059 N Hicks Ave: Sold $570,000 · 3 bd · 2 ba · 1,280 sqft · Sep 2026 · 0.3 mi
EXP REALTY OF CALIFORNIA INC | DRE #01257668
Buyer's agent: Hector Aguilar, EXP REALTY OF CALIFORNIA INC | DRE #01257668

Closed sales reported in 90063, nearest first, last 12 months. All recent sales in City Terrace →

Land - 3232 Marengo, City Terrace, CA