2809 Folsom Street

Los Angeles, CA 90033

PRICE REDUCED

arrow_downward
-$16,000 (-1.92%)

$819,000

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1922

calendar_month Built

Property Description

*** PRIME INVESTMENT OPPORTUNITY IN BOYLE HEIGHTS *** Located near Downtown Los Angeles in the vibrant Boyle Heights neighborhood, this freshly painted triplex features two buildings on a spacious lot with RD1.5 zoning, offering exceptional potential for investors or homeowners. The front duplex includes two units, each with 2 bedrooms and 1 bathroom. The back single-family home features 3 bedrooms, 1 bathroom, a private backyard, and a garage with the potential to be converted into an ADU. 1 front unit and back single-family home are both currently occupied by Section 8 tenants. A long driveway offers ample multi-vehicle parking, adding to the property's convenience and functionality. Conveniently located near major freeways, public transportation, and shopping, this property offers both comfort and accessibility. With rents currently below market, this property presents significant upside for increased income or redevelopment. Its ideal location and flexible possibilities make it a standout opportunity in one of LA’s most dynamic areas. Don't miss the chance to unlock the potential of this versatile property! Buyer to assist with 1031 Exchange. Drive by only, subject to inspection.

Listing Information

List Price $819,000
Status Active
MLS SB25010024
Type Residential Income
Subtype Triplex
Year Built 1922
Lot Size 5,847
Structure Size N/A
DOM 4
Courtesy Of Home Team Realty
Listing Agent Chen Wen Wu DRE#00887854

Interior Features

Laundry Information
Location(s) Outside
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Chen Wen Wu, Home Team Realty 310-938-9792. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 25th, 2025 at 12:28 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.