2837 Ganahl Street, Los Angeles, CA 90033

About this property

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.

Sale history

$480,000

Sold July 2026 · listed $499,000, on market June 2026 · MLS #26842807 · Source: CRMLS

Listing Agent: Kian Maronde · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Kian Maronde · Marcus & Millichap

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