Los Angeles, CA 90033,2719 Folsom
Los Angeles, CA 90033,2719 Folsom
Los Angeles, CA 90033,2719 Folsom
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Listed by JUSTIN CHU • CIRCA PROPERTIES, INC.
$1,170,000
Est. payment /mo
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6 Beds
4 Baths
3,048 SqFt
Price Dropped by $18K

2719 Folsom Los Angeles, CA 90033

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,048 sqft

Price per Sqft $383

MLS Listing ID CRWS25234373

Bedrooms 6

Full Baths 4

Year Built 1924

Lot Size 5,851 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

*Seller 2nd Loan Financing negotiable *2.7% INTEREST RATE ASSUMABLE LOAN FOR VA BUYERS. 2719-2721 Folsom Street, Los Angeles (Tenant Occupied 4plex) This premium multi-unit investment in the revitalizing East LA neighborhood offers immediate passive income with significant upside potential. Spanning approximately 3,048 sq ft, this well-maintained, four-unit property, built in 1924, is primed for strong returns. Stable Cash Flow: Currently delivering a 0.9% CoC, with a clear path to 5% through market-driven rental adjustments. Recent Upgrades: New roof (2024), remodeled bathroom in unit 2721.5 (2025), full remodel of unit 2719.5 (2021), and newer exterior paint reduces near-term capex risk. Flexible Leases: Month-to-month agreements allow quick alignment with market rents, maximizing income potential. Prime Location: Situated in a dynamic, up-and-coming neighborhood, this asset is well-positioned for long-term appreciation. Seize this opportunity to invest in a turnkey property with both stability and growth potential! PLEASE DO NOT DISTURB OCCUPANTS! Broker does not guarantee the accuracy of the information provided, including lot size, lot acreage, lot dimensions, square footage measurements, and/or permissibility to build. Buyer is advised to independently verify the accuracy o

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Interior

Cooling None

Fireplaces Type Living Room

Laundry None

Exterior

Pool None

View None

Building

Story One Story

Water District - Public

Others

Tax ID 5177030005

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Kipp Iluminar Academy

    Public | KG - 4

  • 9

    Solano Avenue Elementary School

    Public | KG - 6

  • 9

    Kipp los Angeles College Preparatory

    Public | 5 - 8

  • 9

    Kipp Sol Academy

    Public | 5 - 8

  • 9

    Brooklyn Avenue School

    Public | KG - 8

  • 8

    Puc Milagro Charter

    Public | KG - 5

  • 7

    Dorris Place Elementary

    Public | KG - 6

  • 7

    Latona Elementary School

    Public | PK - 6

  • 6

    El Sereno Elementary School

    Public | PK - 6

  • 6

    Marianna Avenue Elementary School

    Public | KG - 6

  • 5

    Castelar Elementary School

    Public | KG - 5

  • 5

    Para los Ninos Charter

    Public | KG - 5

  • 5

    Vernon City Elementary School

    Public | KG - 6

  • 5

    Endeavor College Preparatory Charter

    Public | KG - 8

  • 5

    Griffin Avenue Elementary

    Public | KG - 5

  • 5

    Christopher Dena Elementary School

    Public | KG - 6

  • 5

    Sunrise Elementary School

    Public | KG - 6

  • 5

    Extera Public School No. 2

    Public | KG - 5

  • 5

    Glen Alta Span School

    Public | KG - 8

  • 5

    Malabar Street Elementary

    Public | KG - 6

Middle Schools 15
  • 6

    Hollenbeck Middle School

    Public | 6 - 8

  • 5

    Florence Nightingale Middle School

    Public | 6 - 8

  • 5

    Los Angeles Leadership Academy

    Public | 6 - 12

  • 5

    Griffith Middle School

    Public | 6 - 8

  • 4

    Puc Excel Charter Academy

    Public | 6 - 8

  • 4

    Belvedere Middle School

    Public | 6 - 8

  • 4

    El Sereno Middle School

    Public | 6 - 8

  • 3

    Animo Jefferson Charter Middle School

    Public | 6 - 8

  • 3

    Alliance College-Ready Middle Academy No. 5

    Public | 6 - 8

  • 3

    Stevenson Middle School

    Public | 6 - 8

  • 1

    Para los Ninos Middle School

    Public | 6 - 8

  • 0

    Pacific Ohana Acdemy

    Private | 6 - 12

  • 0

    Ramona Opportunity High School

    Public | 7 - 12

  • 0

    Kirby, Dorothy Camp

    Public | 7 - 12

  • 0

    East los Angeles Community Day

    Public | 7 - 12

High Schools 20
  • 9

    Francisco Bravo Medical Magnet High School

    Public | 9 - 12

  • 9

    Alliance Marc & Eva Stern Math and Science

    Public | 9 - 12

  • 9

    Alliance Media Arts and Entertainment Design High School

    Public | 9 - 12

  • 8

    Math, Science, & Technology Magnet Academy at Roosevelt High School

    Public | 9 - 12

  • 8

    Los Angeles High School for the Arts

    Public | 9 - 12

  • 7

    Ramon C. Cortines School of Visual and Performing

    Public | 9 - 12

  • 7

    Oscar de la Hoya Animo Charter High School

    Public | 9 - 12

  • 6

    Animo Ralph Bunche High School

    Public | 9 - 12

  • 6

    Alliance Susan and Eric Smidt Technology High School

    Public | 9 - 12

  • 6

    Lincoln High School

    Public | 9 - 12

  • 6

    James A. Garfield Senior High School

    Public | 9 - 12

  • 5

    Boyle Heights STEM High School

    Public | 9 - 12

  • 5

    Leadership in Entertainment and Media Arts (Lema)

    Public | 9 - 12

  • 5

    Esteban Torres High School - Engineering & Technology Academy

    Public | 9 - 12

  • 5

    Esteban Torres High School - East Los Angeles Renaissance Academy

    Public | 9 - 12

  • 5

    East Los Angeles Performing Arts Academy at Esteban E. Torres High School

    Public | 9 - 12

  • 4

    Woodrow Wilson High School

    Public | 9 - 12

  • 4

    Esteban Torres High School - Humanitas Academy of Art & Technology

    Public | 9 - 12

  • 4

    Hilda L. Solis College Prep High School

    Public | 9 - 12

  • 3

    Academy of Environmental & Soc Policy (Esp) at Roosev

    Public | 9 - 12

School and business data provided by Attom Data.
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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2719 Folsom