2837 Ganahl St, Los Angeles, CA 90033
2837 Ganahl St, Los Angeles, CA 90033
2837 Ganahl St, Los Angeles, CA 90033
2837 Ganahl St, Los Angeles, CA 90033
2837 Ganahl St, Los Angeles, CA 90033
2837 Ganahl St, Los Angeles, CA 90033
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RYAN STEELE

RYAN STEELE

+1(818) 900-1859
$ 499,000
Est. payment | /mo

5 Beds

2 Baths

1,588 SqFt

Save
$ 499,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,588 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,588 sqft

Price per Sqft $314

MLS Listing ID 26842807

Bedrooms 5

Year Built 1923

Lot Size 7,340 Sqft

Acres 0.1685

Property Sub-Type Multi-Family

Property Description

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***

Location

State CA

County Los Angeles

Area Boyle Heights

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Uncovered, Driveway

Garage Spaces 3.0

Building

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Marcus & Millichap

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2837 Ganahl St