2837 Ganahl Street, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
2837 Ganahl Street,Los Angeles, CA 90033
$499,000
  • 5 Beds
  • 2 Baths
  • 1,588 sq. ft.
  • Multi-family
  • Active
Listed by: kian maronde, jason tuvia
Office: marcus & millichap818-212-2700
MLS#:26842807
Source:CRMLS

Price summary

  • Price:$499,000
  • Price per sq. ft.:$314.23

About this home

Offered at an attractive basis, this duplex presents investors with a compelling value-add opportunity in the heart of Boyle Heights. The property features a 2+1 house, 3+1 house, and a vacant owner's garage. There is approximately 39% rental upside, allowing for a projected increase from a 5.08% current cap rate to an 8.23% pro forma cap rate, while generating substantial growth in cash flow. Situated on a sizable 7,340 SF R2-zoned lot, the asset offers the potential to add ADUs and significantly increase density (buyer to verify). Additional value is created through the vacant owner's garage, which may provide future development or income-generating opportunities, while onsite parking for every tenant enhances long-term tenant appeal and occupancy. Combined with a basis well below recent area duplex sales, the property offers a rare opportunity to acquire a cash-flowing asset with multiple paths to future value creation. ***PLEASE NOTE: PROPERTY TO BE DELIVERED FULLY OCCUPIED***

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Home facts

  • Year built:1923
  • Listing ID #:26842807
  • Added:2 day(s) ago
  • Updated:June 06, 2026 at 10:36 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:2
  • Living area:1,588 sq. ft.

Structure and exterior

  • Year built:1923
  • Building area:1,588 sq. ft.
  • Lot area:0.17 Acres
  • Levels:1 Story

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$314.23

Parking

  • Total parking spaces:3
  • Parking description:Driveway, Uncovered
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