2719 2719 Folsom Los Angeles, CA 90033
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 WS25229984
Bedrooms 6
Full Baths 4
HOA Y/N No
Year Built 1924
Lot Size 5,850 Sqft
Property Sub-Type Quadruplex
Property Description
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 Ductless
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Sidewalks
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, Conventional
Listing Terms Cash, Cash to Existing Loan, Conventional
Special Listing Condition Standard
Lease Land No
GET MORE INFORMATION
- Home for Sale in Visalia, CA
- Home for Sale in Tulare, CA
- Home for sale in Porterville, CA
- Home for Sale in Clovis, CA
- Home for Sale in Fresno, CA
- Home for sale in Sanger, CA
- Home for Sale in Pismo Beach, CA
- Home for Sale in San Luis Obispo, CA
- Home for Sale in Cayucos, CA
- Home for sale in Santa Maria, CA
- Home for sale in Shell Beach, CA
- Home for sale in Orcutt, CA
- Home for Sale in Hanford, CA
- Home for sale in Lemoore, CA
- Home for sale in Corcoran, CA
- Homes for sale in Groveland, CA
- Home for sale in Jamestown, CA
- Home for sale in Sonora, CA