2837 Ganahl St, Los Angeles, CA, 90033
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Property Details
5
2
Single Family
Description
Property Details: • Type: Single Family • Bedrooms: 5 • Bathrooms: 2 • Square Feet: 1588 • Lot/Size: 7,340 sqft lot
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
Location
Address
2837 Ganahl St, Los Angeles, CA, 90033
City
Los Angeles
Features and Finishes
Year Built: 1923; [object Object]; [object Object]; [object Object]
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