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2809 Folsom St, Los Angeles, CA, 90033

7beds
4baths
2,519sqft
$748,888
$297price/sqft
$5,241/moest. monthly cost
$209,640/yrincome needed

About This Home

PRIME INVESTMENT IN BOYLE HEIGHTS WITH VALUE ADD OPPORTUNITY. Here’s a great chance to own a triplex in the heart of Boyle Heights. 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 market—leaving 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.

Getting Around

87
WalkingVery Walkable
65
TransitGood Transit
59
BikeBikeable

Schools

4/10
Belvedere Middle SchoolGrades 6-81.2 mi
4/10

Construction

Condition

  • Year built: 1922

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: Outside

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4

Features

  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total structure area: 2,519
  • Total interior livable area: 2,519 sqft

Property

Details

  • Parcel number: 5178010003
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Entry location: 1
  • Pool features: None

Lot

  • Lot size: 5,847 sqft
  • Features: Back Yard

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1