$818,888
2809 Folsom Street, Los Angeles 90033
7
Beds
3
Baths
5,847
Lot Size
3
# Of Units
Listing Agent
Patrick Natian - Keller Williams Encino/Sherman OaksIntroducing 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!
Facts & Features
| MLS® # | SR24064423 |
|---|---|
| Price | $818,888 |
| 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
| Utilities | Electricity Connected, Natural Gas Connected, Water Connected |
|---|---|
| Parking Spaces | 5 |
| Parking | Door-Single, Driveway, Garage |
| # of Garages | 1 |
| Garages | Door-Single, Driveway, Garage |
| View | Neighborhood |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Tile |
|---|---|
| Appliances | Gas Cooktop, Refrigerator |
| Heating | Wall Furnace |
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
| Fireplaces | None |
| # of Stories | 1 |
Exterior
| Lot Description | Back Yard, Front Yard |
|---|---|
| Roof | Shingle |
Additional Information
| Date Listed | April 1st, 2024 |
|---|---|
| Days on Market | 30 |
| Zoning | LARD1.5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Patrick Natian |
|---|---|
| Office | Keller Williams Encino/Sherman Oaks |