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2837 Ganahl Street, Los Angeles, CA 90033

Los Angeles
Local realty services provided by:CENTURY 21 Adams & Barnes
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:1 day(s) ago
  • Updated:June 04, 2026 at 04:40 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
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Adams & Barnes is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Adams & Barnes, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Thomas Adams

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