2809 Folsom Street Los Angeles, CA $ 818,888
2809 Folsom Street
$ 818,888
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2809 Folsom Street

Los Angeles, CA, 90033
$ 818,888
Bedrooms7 Baths3.0 Sq 2,519

Monthly Estimate*

$ 5,720

Listed by Keller Williams Encino/Sherman Oaks
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Multi-Family Home for sale in Los Angeles, CA

for $818,888 with 7 bedrooms and 3 full baths. This 2,519 square foot home was built in 1922 on a lot size of 0.1342.

Introducing A prime investment opportunity in Boyle Heights! Keller Williams is proud to present to you: 2809 Folsom Street, a profitable triplex. Here you’ll find a rare chance to enter the thriving real estate market of Boyle Heights. Fully occupied and producing consistent income streams, this property is an ideal investment for all investors. The triplex features two units leased to Section 8 tenants, ensuring guaranteed monthly income. Two houses are 2 bedroom, 1 bath each and the detached home is a 3 bedroom, 1 bath home. Currently, the property yields a monthly gross income of $3,796, with the potential for significant growth based on investment strategies. Additionally, the property includes a rear garage, offering the opportunity to convert it into an ADU (Accessory Dwelling Unit). This conversion could elevate the property’s income potential, transforming it into a Fourplex. With LARD1.5 Zoning, there are further possibilities for expansion and enhancement of the property. This investment is strategically positioned for future growth and development. Whether you seek to expand your real estate portfolio or secure passive income, 2809 Folsom Street offers stability and investment returns. Don’t miss out on this exceptional opportunity, reach out and schedule a viewing today!

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Multi-Family Active

Price

$ 818,888

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Triplex

Lot Size

0.1342

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR24064423

Days on Market

43

Features
General
Sewer PublicSewer
Heating WallFurnace
Cooling None
Utilities ElectricityConnected NaturalGasConnected WaterConnected
Roof Shingle
Appliances GasCooktop Refrigerator
Zoning LARD1.5
Garage Spaces 1.0
Pool Features None
Year Built 1922
Tenant Pays AllUtilities
View Neighborhood
Property SubType Triplex
Gross Income 0.0
Community Features Biking Curbs
County Los Angeles
Net Operating Income 40080.0
Operating Expense 5472.0
Insurance Expense 1872.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions Right Turn on Evergreen Left turn on Folsom
City Los Angeles
Entry Location Folsom St
View Y/N Y
Senior Community Y/N N
Total Units 3
MLS Area BOYH - Boyle Heights
Lot Size Square Feet 5847.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Number of Units Leased 3
Street Name Folsom
Listing Terms Cash CashtoNewLoan Conventional Item1031Exchange FHA203k FHA FreddieMac VALoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 3600.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 3
Building Area Units SquareFeet
Standard Status Active
Year Built Source Assessor
Tax Lot 3
Property Sub Type Additional Triplex
Taxes 10236.0
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Interior
Flooring Tile
Fireplace Features None
Total Stories 1
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Street Suffix Street
Laundry Features ElectricDryerHookup GasDryerHookup Inside
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing Wood
Parking Features DoorSingle Driveway Garage
Lot Features BackYard FrontYard
Water Source Public
Total Parking 5.0
Lot Size Area 5847.0
Number of Buildings 2
Spa N
Building Area Total 2519.0
Lot Size Acres 0.1342
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 2809
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* Excluded Features
List By
Keller Williams Encino/Sherman Oaks

Broker

(818) 475-3575

Phone

Affordability Calculator

$5,720
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,720
Monthly Property Taxes
--
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2024$818,888 Listed Price

Map


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2809 Folsom Street, Los Angeles, CA, 90033 is a Multi-Family Home for sale at $818,888 with 2,519 sqft and a lot size of 0.1342. 2809 Folsom Street has 7 bedrooms, 3.0 baths, and was built in 1922. The property's zip code is 90033 which is in Los Angeles, CA