$1,169,000
Est. $6,546/mo2719 Folsom, Los Angeles, CA 90033
About this home
*Seller 2nd Loan Financing negotiable *2.7% INTEREST RATE ASSUMABLE LOAN 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.)
infoProperty Facts
Bedrooms
6
Bathrooms
4
Square Feet
3,048
Property Type
Quadruplex
Days on Market
139
HOA Fee
N/A
Garage Total
0
MLS #
WS25234373
chairInterior Details
General Interior
Interior Features
All Bedrooms Down
Fireplace
Living Room
Bed & Bath
Main Level Master
Yes
garageParking
deckExterior & Lot
Lot & Grounds
Sewer
Public Sewer
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Sidewalks, Urban
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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