2809 Folsom Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90033
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25010024
Bedrooms 7
Lot Size 5,847 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
PRICE REDUCED PRIME INVESTMENT IN BOYLE HEIGHTS Heres a great chance to own a triplex in the heart of Boyle Heights, now offered at a lower price. This property sits on an RD1.5 lot and offers both immediate income and long-term potential. The front duplex has two units with 2 bedrooms and 1 bath each, while the back house features 3 bedrooms, 1 bath, a private yard, and a garage with ADU possibilities. All units are occupied with long term tenants with rents still well below marketleaving plenty of room for upside. A long driveway allows for multiple cars, and the location offers quick access to Downtown LA, freeways, transit, and neighborhood amenities. With its price reduction, strong cash flow, and value-add potential, this property is one of the best multifamily buys in the area. Buyer to assist with 1031 Exchange. Drive by only, Inspection subject to offer. Please do not disturb tenants. Property to be delivered with all tenants occupied. Final price reduction before taken off the market. Please do not disturb tenants. Property to be delivered with all tenants occupied.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction N. Evergreen, Cross Street Wabash Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 5178010003