2809 Folsom Street, Los Angeles, CA

$760,000

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7

Beds

3

Baths

0.13

Acres

About 2809 Folsom Street

PRICE REDUCED PRIME INVESTMENT IN BOYLE HEIGHTS Heres a great chance to own a triplex in the heart of Boyle Heights, now offered at a lower price. This property sits on an RD1.5 lot and offers both immediate income and long-term potential. The front duplex has two units with 2 bedrooms and 1 bath each, while the back house features 3 bedrooms, 1 bath, a private yard, and a garage with ADU possibilities. All units are occupied with long term tenants with rents still well below marketleaving plenty of room for upside. A long driveway allows for multiple cars, and the location offers quick access to Downtown LA, freeways, transit, and neighborhood amenities. With its price reduction, strong cash flow, and value-add potential, this property is one of the best multifamily buys in the area. Buyer to assist with 1031 Exchange. Drive by only, Inspection subject to offer. Please do not disturb tenants. Property to be delivered with all tenants occupied. Final price reduction before taken off the market. Please do not disturb tenants. Property to be delivered with all tenants occupied.

Features of 2809 Folsom Street

MLS® # SB25010024
Price $760,000
Bedrooms 7
Bathrooms 3.00
Acres 0.13
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Active

Community Information

Address 2809 Folsom Street
Area LOS ANGELES (90033)
City Los Angeles
County Los Angeles
State CA
Zip Code 90033

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Fireplace Yes

Exterior

Lot Description Sidewalks

Additional Information

Date Listed January 15th, 2025
Days on Market 262
Zoning Public Rec
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHome Team Realty

Listing Map

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