2809 Folsom Street, Los Angeles

$818,888

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7

Beds

3

Baths

0.13

Acres

About 2809 Folsom Street

Introducing A prime investment opportunity in Boyle Heights! Keller 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!

Features of 2809 Folsom Street

MLS® # SR24064423
Price $818,888
Bedrooms 7
Bathrooms 3.00
Acres 0.13
Year Built 1922
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 2809 Folsom Street
Area BOYH - Boyle Heights
City Los Angeles
County Los Angeles
Zip Code 90033

Amenities

Utilities Electricity Connected, Natural Gas Connected, Water Connected
Parking Spaces 5
Parking Door-Single, Driveway, Garage
# of Garages 1
Garages Door-Single, Driveway, Garage
View Neighborhood
Is Waterfront No
Has Pool No
Pool None

Interior

Interior Tile
Appliances Gas Cooktop, Refrigerator
Heating Wall Furnace
Cooling None
Has Basement No
Fireplace No
Fireplaces None
# of Stories 1

Exterior

Lot Description Back Yard, Front Yard
Roof Shingle

Additional Information

Date Listed April 1st, 2024
Days on Market 49
Zoning LARD1.5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentPatrick Natian
OfficeKeller Williams Encino/Sherman Oaks

Listing Map

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