8
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$760,000
Est. payment /mo
5,845 Sqft Lot
Price Dropped by $15K
2809 Folsom ST Los Angeles, CA 90033
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Key Details
Property Type Single Family Home, Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25010024
HOA Y/N No
Year Built 1922
Lot Size 5,845 Sqft
Property Sub-Type Triplex
Property Description
PRICE REDUCED – PRIME INVESTMENT IN BOYLE HEIGHTS
Here's 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 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. Final price reduction before taken off the market.
Please do not disturb tenants. Property to be delivered with all tenants occupied.
Here's 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 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. Final price reduction before taken off the market.
Please do not disturb tenants. Property to be delivered with all tenants occupied.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LARD1.5
Interior
Fireplace No
Laundry Outside
Exterior
Garage Spaces 1.0
Garage Description 1.0
Pool None
Community Features Sidewalks
Total Parking Spaces 1
Private Pool No
Building
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5178010003
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Listed by Chen Wen Wu Home Team Realty 310-938-9792
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