$849,000
Built in 1924, this Spanish-style duplex in the hills of City Terrace offers two spacious side-by-side 3 bed, 1 bath residences with approximately 2,550 square feet of combined living space on a 4,800-square-foot lot. Blending original character with thoughtful updates, the property presents a versatile opportunity for an owner-user or investor, with one unit currently occupied at $3,076.61/month and the second to be delivered vacant, providing the flexibility to move in or establish a new market rent. Both residences feature similar, well-proportioned layouts with spacious living areas, interior laundry, and remodeled kitchens with granite countertops and stainless-steel appliances. Large windows bring in abundant natural light, while the elevated hillside setting captures neighborhood and Downtown LA views. Both the vacant residence and full exterior have been freshly repainted, complemented by updated landscaping around the property. Significant foundation work has also recently been completed, adding to the property's strong long-term value. At the rear, a private backyard creates valuable outdoor space for dining, entertaining, or relaxing. A detached 2-car garage plus 2 driveway spots offer convenient resident parking, while an additional basement/storage space adds functionality. Separate gas and electric meters for each unit further enhance the property's appeal as an income-producing investment. Ideally located in City Terrace with convenient access to Downtown Los Angeles, Cal State LA, the Arts District, major freeways, and public transportation, the property combines two generously sized residences with outdoor space, parking, storage, and city views. With one unit delivered vacant and the other generating immediate rental income, this is a compelling opportunity in a well-connected Eastside location.
6
Beds
⋅
2
Baths
⋅
26965623
MLS
3021 Ganahl Street, Los Angeles
Listing courtesy of Listing Agent: Lori Harris (lori@brockandlori.com) from Listing Office: Keller Williams Realty Los Feliz.
