2719 Folsom, Los Angeles, CA 90033

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Glen Henderson

[email protected] +1(619) 889-7646

$1,218,800

Est. payment - /mo

6 Beds

5,851 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS25234345

Bedrooms 6

Lot Size 5,851 Sqft

Property Sub-Type Res Income 2-4 Units

Property Type Res Income 2-4 Units

Property Description

*ASSUMABLE 2.7% INTEREST RATE 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

Zoning Assessor

Direction Cross St is Cesar Chavez Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 5177030005

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Listed by JUSTIN CHU CIRCA PROPERTIES, INC.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

2719 Folsom Los Angeles, CA 90033

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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