$799,000
2809 Folsom Street, Los Angeles 90033
7
Beds
3
Baths
5,847
Lot Size
3
# Of Units
Listing Agent
Chen Wen Wu - Home Team Realty*** 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.
Facts & Features
| MLS® # | SB25010024 |
|---|---|
| Price | $799,000 |
| Bedrooms | 7 |
| Bathrooms | 3.00 |
| Lot Size | 5,847 |
| Year Built | 1922 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Active |
| # Of Units | 3 |
Community Information
| Address | 2809 Folsom Street |
|---|---|
| Area | BOYH - Boyle Heights |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90033 |
Amenities
| Parking Spaces | 1 |
|---|---|
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Additional Information
| Date Listed | January 15th, 2025 |
|---|---|
| Days on Market | 86 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Chen Wen Wu |
|---|---|
| Office | Home Team Realty |