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For Sale

2719 Folsom

2719 Folsom, Los Angeles, CA 90033

$1,218,800
*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.)

6
beds

4
baths

3,048 Sq.Ft. LIVING AREA

5,851 Sq.Ft. lot

Justin Chu

Justin Chu

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms4
  • full bathrooms4
  • Laundry room None
  • Fireplace Living Room
  • other interior Features All Bedrooms Down

Area & Lot

  • Status For Sale
  • Living Area3,048 Sq.Ft.
  • Lot Area5,851 Sq.Ft.
  • MLS® IDWS25234373
  • TypeMulti-Family
  • YEAR BUILT1924
  • NeighborhoodCentral Los Angeles
  • View DescriptionNone
  • School DistrictLos Angeles Unified

Exterior

  • STORIES1
  • water SourcePublic
  • PoolNone
  • lot features2-5 Units/Acre
  • AIR CONDITIONINGNone
  • sewerPublic Sewer

Financial

  • Sales Price$1,218,800
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Thank you for your interest in 2719 Folsom, Los Angeles, CA 90033. We are reviewing your request and will be in touch shortly!

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