Pending

2837 Ganahl Street

Los Angeles, CA 90033
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Bed 5

Bed

Bath 0

Bath

SqFt1,588

Sqft

SqFt7,340

Sqft(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $499,000

AD Id : 79963145

MLS Id : 26842807

Beds : 5

Lot Size : 7,340 Sqft

Living Area Size : 1,588

Year Built : 1923

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 5

    Bathroom Information

    Total Baths: 2 Full Baths: 0 Half Baths: 0

  • Building Information

    Year Built: 1923 Building Area Total: 1,588

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1685
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7340

  • Listing Price Information

    Original List Price: 499,000 Listing Contract Date: 2026-06-03
  • Lease Information

    Listing Agreement: Seller Reserved

  • Tax Information

    Parcel Number: 5177009024

  • Garage and Parking

    Garage Description: Driveway,Uncovered

    Homeowners Association

  • Other Property Info

    Source Listing Status: Pending Source Neighborhood: BOYH - Boyle Heights Postal Code Plus 4: 2020 Directions: East of Soto St and north of Wabash Ave Zoning: LAR2 Source Property Type: Residential Income Area: BOYH - Boyle Heights
  • Building and Construction

    Property Age: 103 Year Built Source: Vendor Enhanced Total Square Feet Living: 1588 Levels or Stories: One Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1652 N Murchison Street, Los Angeles, CA, 90033 $39,995 40 40 15,796 15,796 SqFt
1440 Tremont, Los Angeles, CA, 90033 $1,350,000 -- -- 4,836 4,836 SqFt
1237 N Evergreen, Los Angeles, CA, 90033 $515,000 2 1 1,008 1,008 SqFt
1517 Ricardo, Los Angeles, CA, 90033 $975,000 2 1 794 794 SqFt
1034 Evergreen Avenue, Los Angeles, CA, 90033 $425,000 2 1 689 689 SqFt
2711 Wabash Avenue, Los Angeles, CA, 90033 $730,000 5 -- 1,273 1,273 SqFt
2532 1/2 Ganahl Street, Los Angeles, CA, 90033 $399,000 2 2 850 850 SqFt
2440 Wabash Avenue, Los Angeles, CA, 90033 $795,000 5 -- 2,756 2,756 SqFt
1151 1153 Cornwell Street, Los Angeles, CA, 90033 $1,170,000 -- -- 3,682 3,682 SqFt
2505 Malabar Street, Los Angeles, CA, 90033 $1,200,000 10 -- 4,974 4,974 SqFt

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ByOwner last updated this listing 06/22/2026 @ 10:55

MLS: 26842807 LISTED BY: Kian Maronde, Marcus & Millichap 818-212-2700 SOURCE: CRMLS

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