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$849,000
6 Beds ⋅ 2 Baths ⋅ 26965623 MLS
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.

3021 Ganahl Street, Los Angeles

Listing courtesy of Listing Agent: Lori Harris (lori@brockandlori.com) from Listing Office: Keller Williams Realty Los Feliz.
$1,049,000
DW26169332 MLS
RTI Opportunity – 17-Unit Apartment Building in Los Angeles Rare RTI (Ready-To-Issue) 17-unit multifamily opportunity located at 2427 E. Houston Ave., Los Angeles, CA. This well-positioned investment property features 17 one-bedroom / one-bath units, offering a highly desirable and rentable unit mix ideal for long-term cash flow. With RTI approvals in place, this asset presents a streamlined path to development, allowing investors to move forward with confidence and minimize entitlement risk. One-bedroom units continue to show strong rental demand in the Los Angeles market, supporting stable occupancy and future rent growth. Centrally located near major freeways, employment hubs, shopping, and public transportation, the property benefits from excellent tenant appeal and accessibility. This is an ideal opportunity for investors seeking to add units, increase density, and maximize returns in a high-demand rental market. Perfect for developers or investors looking to capitalize on Los Angeles multifamily growth, value-add potential, and long-term appreciation

2427 Houston, Los Angeles

Listing courtesy of Listing Agent: Chris Limon (chris.limon@me.com) from Listing Office: Century 21 A Better Service.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.