2500 Ganahl, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This Residential Income Triplex Asset is offered at a List Price of $768,800, relative to a $448,095 Fair Market Value. Comprising three detached buildings on a generous 7,970 sqft lot, the property represents a significant Value-Add Potential for those prepared to address nearly a century of deferred maintenance. With a Condition Rating of 6, the 1924 structures require comprehensive system updates but benefit from a Distant hills/mountains view. This long-held asset is an ideal acquisition for Buy-and-Hold Investors or Contractors targeting the evolving City Terrace market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2500 Ganahl Subject | $768,800* List Price | 0 | 0 | 1,984 | $226 | - |
A 917 N Mott St Sold | $685,000 | 0 | 0 | 2,156 | $318 | 0.1 mi |
B 422 N Mott Street Active | $655,000 List Price | 0 | 0 | 1,900 | $345 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1924 and on the market for the first time since 1962, this property has likely seen no major renovations in over 60 years. The property analysis explicitly notes 'Advanced Age & Potential for Deferred Maintenance' and 'Lack of Renovation Details,' indicating significant updates are required for all major systems (plumbing, electrical, etc.). While the exterior appears structurally intact, the extensive deferred maintenance and the cost to bring a nearly 100-year-old property up to modern standards would likely make its value primarily in the land for redevelopment, aligning with the 'tear-down' criteria.
This triplex offers significant investment potential with three separate rental units, providing multiple streams of income.
Comprising three individual buildings, the property offers enhanced privacy for tenants and potentially easier individual unit management compared to a single multi-unit structure.
A substantial 7,970 sqft lot in Los Angeles provides valuable outdoor space, potential for future expansion, or additional parking opportunities.
Built in 1924, the property is nearly a century old, likely requiring significant updates to plumbing, electrical, and other systems to meet modern standards and tenant expectations.
The description provides no information on recent renovations or upgrades, suggesting the property may be sold in its current, potentially dated, condition, necessitating substantial capital investment.
Each unit having only two bedrooms and one bathroom might be a drawback for some prospective tenants, especially those seeking more modern conveniences or accommodating multiple occupants.
Located in City Terrace just south of the 10 freeway & east of N Soto Street. 3 buildings, all 2 br & 1 bath each. address 2500 (832 sqft) address 2500 1/4 (est 576 sqft), address 2500 1/2 (est 576 sqft). First time on the market since 1962.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,984 | 2,156 | 45% |
| Lot Size | 7,970 | 5,849 | 82% |
| Price | $768.8K | $768.8K | 50% |
| Price per sq ft | $388 | $388 | 50% |
| Built year | 1924 | 1924 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 98 | 204 | 36% |
Jan 14, 2026
$768,800
Initial Listing