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2809 Folsom St Los Angeles, CA, 90033
$818,888 Home for sale 7 beds 2,519 sqft
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 view
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Property details
2,519 sqft interior area
Property type
Home
Interior area
2,519 sqft
View
Other
Land area
5,662 sqft (0.13 acres)
Price per sqft
$325/sqft
Days on Verhouse
48
Address
2809 Folsom St, Los Angeles, CA, 90033
City of California
Los Angeles
County
Los Angeles
nr.of parking places
5
Year Built
1922
District
Listing
Open Houses
No upcoming open houses
Interior Features
5 parking places, Tile floors
Beds
7
Floors
Tile
Parking
5
Garage & Parking
Other
Laundry Features
Other, Inside
Heathing & Cooling
No Air Conditioning, Wall Furnace
Amenities
Other
Listed by
Patrick Natian, Keller Williams Encino/Sherman Oaks
Name
Patrick Natian
License number
02098493
Brokerage company
Keller Williams Encino/Sherman Oaks
MLS #
CRSR24064423
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Calculate your monthly payments
Mortgage
$2,515
Taxes
$0
HOA dues
$0
Mortgage
$163,778 / 20%
2.28%
30 years
Your amount
$2,515 / month
Exterior Features
—
Yard
Back Yard, Front Yard
Lot details
TMK #5178010003
Lot Description
Back Yard, Front Yard
Parcel nr.
5178010003
90033 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 90033
38%
Families with children
National average: 39%
44%
Non family households
423,498
Population
$63,263
Average Income
Age & gender
Median age 36 years
More info
Commute types
68% commute by car
More info
Education level
37% have not graduated education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
35% have 1 vehicle
More info
Vehicles by gender
35% have 1 vehicle
More info
Housing market insights for
$783.06k
Neighborhood average
sales price*
sales price*
$721k
Neighborhood median
sales price*
sales price*
311
Number
of sales*
of sales*
Housing type
40% are single detacheds
More info
Rooms
39% of the houses have 4 or 5 rooms
More info
Bedrooms
52% have 2 or 3 bedrooms
More info
Owners vs Renters
75% are renters
More info
14.17 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
New Listing Apr 1, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 1, 2024 | New Listing | $818,888 | 325.08 | MLS #CRSR24064423 |
Taxes of 2809 Folsom St, Los Angeles, CA, 90033
LARD zoning / MLS #CRSR24064423
Zoning
LARD
Agent viewpoints of 2809 Folsom St, Los Angeles, CA, 90033
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Frequently Asked Questions about 2809 Folsom St
What is 2809 Folsom St?
2809 Folsom St, Los Angeles, CA, 90033 is a single family home located in the city of Los Angeles, California with zipcode 90033. This single family home has 7 bedrooms with an interior area of 2,519 sqft.
Which year was this home built?
This home was build in 1922.
What is the full address of this Home?
2809 Folsom St, Los Angeles, CA, 90033.
Are grocery stores nearby?
The closest grocery stores are Peñaloza Market, 0.54 miles away and El Super, 0.57 miles away.
What is the neighborhood like?
The 90033 zip area has a population of 423,498, and 38% of the families have children. The median age is 36.31 years and 68% commute by car. The most popular housing type is "single detached" and 75% is renter.
Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 04, 2024
Verhouse Last checked 7 minutes ago
The closest grocery stores are Peñaloza Market, 0.54 miles away and El Super, 0.57 miles away.
The 90033 zip area has a population of 423,498, and 38% of the families have children. The median age is 36.31 years and 68% commute by car. The most popular housing type is "single detached" and 75% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
