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Listed by Chen Wen Wu • Home Team Realty
$ 760,000
Est. payment /mo
Price Dropped by $15K
2809 Folsom ST Los Angeles, CA 90033
5,847 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25010024
Year Built 1922
Lot Size 5,847 Sqft
Property Sub-Type Triplex
Source California Regional MLS
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.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Interior
Laundry Other
Exterior
Garage Spaces 1.0
Pool None
Building
Water District - Public
Others
Tax ID 5178010003
Special Listing Condition Not Applicable
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