29 days Back

2809 Folsom Street, Los Angeles, CA 90033

  • 7 Bedrooms
  • 3 Bathrooms
  • 2,519 sqft

Value Estimates

Fair Condition
$798,416
Good Condition
$831,990
Excellent Condition
$836,085

About

Introducing A prime investment opportunity in Boyle Heights!

Keller Williams is proud to present to you: 2809 Folsom Street, a profitable triplex. Here youll 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 propertys 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. Dont miss out on this exceptional opportunity, reach out and schedule a viewing today!

General Information

7 beds
2,519 Sq Ft
MultiFamily
1922
Active
3 baths
5,847.00 Sq Ft Lot
2
5 spaces
29 Days on Market

Listing Details

Triplex - Los Angeles, CA
MRMLSCA
California Regional Multiple Listing Service, Inc
SR24064423
ListHub
Keller Williams Encino/Sherman Oaks
(818) 475-3575
Patrick Natian
pnatian@gmail.com
(818) 455-3265
(818) 475-3575
3yd-MRMLSCA-SR175527373

Keller Williams Encino/Sherman Oaks
(818) 475-3575
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property Features

  • Attic
  • Barbecue Area
  • Basement
  • Deck
  • Disabled Access
  • DBL Pane Windows
  • Fireplace
  • Gated Entry
  • Greenhouse
  • Hot Tub Spa
  • Pool
  • RV Parking
  • Sauna
  • Security System
  • Sprinkler System
  • Vaulted Ceiling
  • Wet Bar
  • Heating Systems
  • New Construction
  • Waterfront
  • Parking: Driveway, Garage

Nearby Schools

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    Listing Agent

    Patrick Natian

    Keller Williams Encino/Sherman Oaks

    (818) 475-3575

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