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2551 Ganahl St, Los Angeles, CA 90033
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2551 Ganahl St Los Angeles, CA 90033

$1,050,000 Sold Price as of 05/07/2024
  • 20 Beds
  • 13 Baths
  • 4,048 Sq.Ft.
Sold
$1,050,000 Sold Price as of 05/07/2024 Refinance Your Mortgage
Map preview of 2551 Ganahl St, Los Angeles, CA 90033

Property Overview: 2551 Ganahl St Los Angeles, CA has 20 bedrooms, 13 bathrooms, 4,048 living square feet and 7,478 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to the city of Boyle Heights located Northeast of Downtown LA. Great income property for owner-user or investors. This property features 4 UNITS that are all 2 bedrooms. The two front units, with laundry hookups, are 2 bedrooms 1 bathroom while the rear units feature 2 story, 2 bedrooms and 2 bathroom. Parking is available onsite ( 4 parking spots on the premises) as well as on the street. This centralized and desirable property is close to schools, easy access to the 710,10,5, and 60 freeways, and only minutes away from Downtown Los Angeles, South Pasadena, and Alhambra. Don t miss the opportunity to own this beautiful complex. The property needs some repairs, see remarks. Property sold As-Is, Tenant Occupied. ONE UNIT WILL BE DELIVERED VACANT at close of escrow.

Listed by Patricia Martinez | BRE #01827889 | Castle Realty Group Inc
Last checked: 14 minutes ago | Last updated: May 12th, 2024 | Source CRMLS | DOM: 26

Home details

Lot Sq. Ft
7,478
HOA Dues
$0/mo
Year built
1925
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
24348181
City
Los Angeles
County
Los Angeles
Time on Site
127 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 2
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,154
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,300
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Unit Breakdown 4
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $900
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,950
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Virtual Tour

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Property Details for 2551 Ganahl St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5177008022
  • Year Built Source: Assessor
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Exit Soto from the 10 Fwy, East on Marengo, right on Tremont East of Tremont/ North of Wabash
View more facts & features

Local Los Angeles Agent

Sale History for 2551 Ganahl St

Last sold for $1,050,000 on May 7th, 2024

  • May, 2024

  • May 7, 2024

    Date

    Sold

    CRMLS: 24348181

    $1,050,000

    Price

  • Feb 1, 2024

    Date

    Active

    CRMLS: 24348181

    $1,050,000

    Price

  • March, 2023

  • Mar 23, 2023

    Date

    Expired

    CRMLS: CV22204904

    $1,050,000

    Price

  • Sep 22, 2022

    Date

    Active

    CRMLS: CV22204904

    $1,050,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to the city of Boyle Heights located Northeast of Downtown LA. Great income property for owner-user or investors. This property features 4 UNITS that are all 2 bedrooms. The two front units, with laundry hookups, are 2 bedrooms 1 bathroom while the rear units feature 2 story, 2 bedrooms and 1 ½ bathroom. Parking is available onsite ( 3 parking spots on the premises) as well as on the street. This centralized and desirable property is close to schools, easy access to the 710,10,5, and 60 freeways, and only minutes away from Downtown Los Angeles, South Pasadena, and Alhambra. Don’t miss the opportunity to own this beautiful complex. The property needs some repairs, see remarks. Property sold As-Is.

  • July, 2022

  • Jul 9, 2022

    Date

    Canceled

    CRMLS: 21104835

    $1,185,000

    Price

  • Nov 11, 2021

    Date

    Active

    CRMLS: 21104835

    $1,349,999

    Price

  • Listing provided courtesy of CRMLS

    Trust sale. Fantastic four-plex in Boyle heights. This property is a great find for owner users and investors alike. The property is within walking distance to schools, Wabash Recreation Area, Malabar Library and has great connection to freeways and public transportation. All units are 2 bedrooms, current on rents and sold tenant occupied. The two front units are single level and have a front porch, formal dining room with arched entry, spacious kitchens, laundry hookups and updated windows. The two rear units, are townhouse style with 1.5 baths, views from the upper floors and sliding doors to small outdoor porches. Property needs some repairs, see docs and is sold As-Is. A recent appraisal valued the property well above 1.2M. making the current list price a good deal. Great upside potential on rents. Viewings will be arranged with accepted offer and 48 hour notice.

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Tax History for 2551 Ganahl St

Assessed Value (2020): $77,060
Year Land Value Improved Value Assessed Value
2020 $21,715 $55,345 $77,060

Home Value Compared to the Market

This property vs the competition

2551 Ganahl St sold on May 7, 2024 for 7.08% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $259.39 per/sqft which puts the price per square foot 65.6% lower than the current median sale per square foot for the city of Los Angeles.

About 2551 Ganahl St

Detailed summary of property

2551 Ganahl St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 20 bedrooms, 13 bathrooms, roughly 4,048 living square feet, and sits on an approximately 7,478 square foot lot. 2551 Ganahl St was first listed on ArdentRealEstateGroup.com on January 26, 2024. The homeowner sold the property for $1,050,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 7.08% lower than the current median priced home. Local homes that are currently for sale include 2722 E 2nd St, 305 S Mott St and 843 N Gage Ave. While the average home in Los Angeles, CA is selling in 94 days, 2551 Ganahl St has a days on market of 26 days. There are currently 3780 homes for sale in the Los Angeles real estate market and 2562 of them are single family homes while 1120 of them are condos and 92 are townhomes. For more information on this home for sale at 2551 Ganahl St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2551 Ganahl St

Public county record property details
Beds
8
Baths
4
Year built
1925
Sq. Ft.
4,048
Lot Size
7,476
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
22
APN
5177-008-022

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,500
Median List Price/Sq.Ft.
$492
Median Sold Price
$755,000
Median Sold Price/Sq.Ft.
$625
Total Inventory
8
Median Sale to List Price %
108.01%
Avg Days on Market
19
Loan Type
Conventional (40%), FHA (0%), VA (0%), Cash (20%), Other (20%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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