Homes For Sale In California

$818,888
5,847 Sqft Lot
Visits : 8 In 44 Days

2809 Folsom Street, Los Angeles, California 90033

  • Residential Income Property Type
  • 3 Days Time On Market
  • 5 Cars Garage
  • 1922 Year Built
Property Description

Introducing A prime investment opportunity in Boyle Heights!rrnKeller 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!

Basic Details
Residential Income
For Sale
SR24064423
$818,888
1922
5,847 Sqft
Active
Triplex
Features
: Wall Furnace
: Wood
: Neighborhood
: 5
: Refrigerator, Gas Cooktop
: Biking, Curbs
: Garage, Driveway, Doorsingle
$0
: Shingle
: Public Sewer
Address Map
California
Los Angeles
Los Angeles
90033
2809 Folsom Street
0
W119° 47' 58.8''
N34° 2' 45''
Additional Info
$0
2,519 Sqft
$0
3
3
$0
: Tile
1
: Back Yard, Front Yard
$0
5178010003
: Standard
1
$0
: Electricity Connected, Natural Gas Connected, Water Connected
LARD1.5
$0
No
No
No
No
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