Property
Listing Agent: Kian Maronde (DRE #01952189) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Kian Maronde · Marcus & Millichap · MLS #26842807 · Source: CRMLS
2837 Ganahl Street sold for $480,000 in July 2026, 3.8% under its $499,000 list price, after 5 days on the market. That works out to $302 per square foot on 1,588 square feet. Across 64 closed sales in 90033 over the last 12 months, the median sold price is $723,000 and the median is $378 per square foot, 25% above this sale's $302.
| Quarter | Closed sales in 90033 | Median sold price |
|---|---|---|
| Q1 2026 | 4 | $1,037,500 |
| Q2 2026 | 26 | $762,500 |
| Q3 2026 | 28 | $646,000 |
| Q4 2026 | 6 | $694,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90033
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***
Listing description from the July 2026 sale, as reported to CRMLS.
Closed sales reported in 90033, nearest first, last 12 months. All recent sales in Los Angeles →