2809 Folsom Street, Los Angeles, CA 90033
-
Listed Price :
$819,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1922
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.
Interior Features
Laundry Information |
Location(s) |
Outside |
Bedroom Information |
Bedrooms |
N/A |
Bathroom Information |
Bathrooms |
N/A |
Listing Information
Address |
2809 Folsom Street |
City |
Los Angeles |
State |
CA |
Zip |
90033 |
County |
Los Angeles |
Listing Agent |
Chen Wen Wu DRE #00887854 |
Courtesy Of |
Home Team Realty |
List Price |
$819,000 |
Status |
Active |
Type |
Residential Income |
Subtype |
Triplex |
Structure Size |
N/A |
Lot Size |
5,847 |
Year Built |
1922 |
Listing information courtesy of: Chen Wen Wu, Home Team Realty. *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.