CA > Los Angeles
Los Angeles, CA 90033,2719 Folsom
Los Angeles, CA 90033,2719 Folsom
Los Angeles, CA 90033,2719 Folsom
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$1,218,800
Est. payment /mo
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6 Beds
4 Baths
3,048 SqFt
New

2719 Folsom Los Angeles, CA 90033

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Sergio Palomino

Sergio Palomino

+1(619) 534-4400

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,048 sqft

Price per Sqft $399

MLS Listing ID WS25234373

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1924

Lot Size 5,850 Sqft

Property Sub-Type Quadruplex

Property Description

*2.7% INTEREST RATE ASSUMABLE LOAN FOR VA BUYERS. 2719-2721 Folsom Street, Los Angeles (Tenant Occupied 4plex) This 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. Stable Cash Flow: Currently delivering a 0.9% CoC, with a clear path to 5% through market-driven rental adjustments. Recent 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. Flexible Leases: Month-to-month agreements allow quick alignment with market rents, maximizing income potential. Prime Location: Situated in a dynamic, up-and-coming neighborhood, this asset is well-positioned for long-term appreciation. Seize this opportunity to invest in a turnkey property with both stability and growth potential! PLEASE DO NOT DISTURB OCCUPANTS! Broker 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.)

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Rooms

Main Level Bedrooms 6

Interior

Interior Features All Bedrooms Down

Cooling None

Fireplaces Type Living Room

Fireplace Yes

Laundry None

Exterior

Pool None

Community Features Sidewalks, Urban

View Y/N No

View None

Private Pool No

Building

Lot Description 2-5 Units/Acre

Dwelling Type Quadruplex

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

School District Los Angeles Unified

Others

Senior Community No

Tax ID 5177030005

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, VA Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, VA Loan

Special Listing Condition Standard

CRMLS – RECore
Listed by JUSTIN CHU CIRCA PROPERTIES, INC. 626-321-3211

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Sergio Palomino

Sergio Palomino

Agent | License ID: 1870045

+1(619) 534-4400

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2719 Folsom