3313 Folsom Street Los Angeles, CA ^$ 1,670,000

3313 Folsom Street

^$ 1,670,000

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3313 Folsom Street

Los Angeles, CA, 90063

^$ 1,670,000

Bedrooms12 Baths8.0 Sq 5

Monthly Estimate*

^$ 11,665

Listed by TAMAYO & ASSOC. R.E.

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Multi-Family Home for sale in Los Angeles, CA

for $1,670,000 with 12 bedrooms and 8 full baths. This 5 square foot home was built in 1910 on a lot size of 0.2639.

"Investor Dream" Nothing but money! 5 units that feature (Two) 2 bedroom 2-bath (One) 2 bedroom 1- Bath (One) 3-bedroom 2- bath and (One) 3 bedroom 1-bath. This unique property is situated on a 11,000+ square foot Lot and has two separate addresses, (5) separate gas meters, (5) separate electric meters and 2 water meters (Note: Possible SB9 Opportunity). If you are looking for positive cash flow, this is it. But that's not all. What if I can tell you that the seller is willing to carry with great terms for the buyer, if an offer comes in that is acceptable to the seller, yes sir, Seller may carry on this one. Property has low vacancy and cash flow rents with great upside on this unique investment property in the up-and-coming Boyle Heights Neiborhood.

Multi-Family Active

Price

^$ 1,670,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Apartment

Lot Size

0.2639

Year Built

1910

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

WS24016709

Days on Market

103

Features

General

Sewer PublicSewer

Heating FloorFurnace

Utilities ElectricityAvailable NaturalGasAvailable SewerConnected

Possession CloseOfEscrow

Zoning LCR2*

HOA 0.0

Garage Spaces 0.0

Pool Features None

Year Built 1910

Tenant Pays Electricity Gas ParkingFee

Stories 1

Levels One

Property SubType Apartment

Gross Income 110268.0

Community Features Curbs Mountainous StormDrains StreetLights Sidewalks

County Los Angeles

Net Operating Income 22000.0

Operating Expense 0.0

Insurance Expense 0.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Go to Malabar left of Folsom

City Los Angeles

Entry Location 0

View Y/N N

Senior Community Y/N N

Total Units 5

MLS Area BOYH - Boyle Heights

Lot Size Square Feet 11494.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Number of Units Leased 5

Street Name Folsom

Listing Terms CashtoNewLoan Conventional OwnerMayCarry

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Current Financing Private

Fuel Expense 0.0

Property Condition RepairsCosmetic

Trash Expense 0.0

Water Sewer Expense 0.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N Y

Days on Market 0

Building Area Units SquareFeet

Standard Status Active

Year Built Source Assessor

Tax Lot 62

Total Actual Rent 110268.0

Property Sub Type Additional Apartment

Exterior

Parking Features OnSite

Lot Features Item25UnitsAcre

Water Source Public

Total Parking 0.0

Lot Size Area 11494.0

Number of Buildings 5

Spa N

Building Area Total 5.0

Lot Size Acres 0.2639

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 2

Number of Separate Gas Meters 5

Number of Separate Electric Meters 5

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Entry Level 0

Electric On Property Y/N N

Internal Only

Street Number 1 3313

* Excluded Features

List By

Tamayo & Assoc. R.E.

Broker

(323) 725-7100

Phone

Affordability Calculator

$11,665

Per Month

Monthly Principal & Interest: $11,665
Monthly Property Taxes: --
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,986,097

Percent of Sale Price 19%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/1/2024	$1,670,000		Listed Price

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3313 Folsom Street, Los Angeles, CA, 90063 is a Multi-Family Home for sale at $1,670,000 with 5 sqft and a lot size of 0.2639. 3313 Folsom Street has 12 bedrooms, 8.0 baths, and was built in 1910. The property's zip code is 90063 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/14/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3313 Folsom Street

Multi-Family Home for sale in Los Angeles, CA

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