Property Description

2719-2721 Folsom Street, Los Angeles (Tenant Occupied 4plex)rnrnThis 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.rnStable Cash Flow: Currently delivering a 0.9% CoC, with a clear path to 5% through market-driven rental adjustments.rnRecent 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.rnFlexible Leases: Month-to-month agreements allow quick alignment with market rents, maximizing income potential.rnPrime Location: Situated in a dynamic, up-and-coming neighborhood, this asset is well-positioned for long-term appreciation.rnSeize this opportunity to invest in a turnkey property with both stability and growth potential!rnrnPLEASE DO NOT DISTURB OCCUPANTS!rnrnBroker 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 of this information through personal inspection, building permits, and/or with appropriate professionals (i.e., attorney, appraiser, architect, contractor, surveyor, etc.)

Features
0
0
: No Common Walls
1
: Sidewalks
: 0.00
: 2-5 Units/acre
1
: All Bedrooms Down
: South
4
6
: Ductless
: Public
: Public Sewer
MLS Addon
5177030005
5,851
$0
Arlington
Arling
Miller
Los Angeles Unified
One
$0
0
0
: Standard
01/10/2025 13:40:43
Listing courtesy of
CIRCA PROPERTIES, INC.
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Residential For Sale

2719 Folsom, Los Angeles, California, 90033

6 Bedrooms
4 Bathrooms (Full)
3,048 Sqft
Visits : 1
$1,218,000
Listing ID #WS25229984
Basic Details
Status : Active
Listing Type : For Sale
Property Type : Residential
Property SubType : Quadruplex
Price : $1,218,000
Price Per Square Foot : $400
Square Footage : 3,048 Sqft
Lot Area : 0.13 Sqft
Year Built : 1924
View : Mountain(s)
Bedrooms : 6
Bathrooms : 4
Bathrooms (Full) : 4
Listing ID : WS25229984
Agent info
Rina Maya
Designated Broker
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