Attention! Great investment opportunity in the up and coming neighborhood of Boyle Heights. With an attractive 5.9 cap rate, this property offers immediate positive cash flow. Property sits on an 11,491 square foot lot and has so much to offer. 5 separate units, each with their own gas and electric meters. 2 separate parking lots with plenty of parking and entrances through 2 different streets, a very low vacancy. 12 bedrooms and 8 bathrooms. This property would be a great addition to your portfolio. Owner is willing to carry with an acceptable offer.
Property Details
Price:
$1,750,000
MLS #:
DW24187622
Status:
Active
Baths:
0
Address:
3313 Folsom Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
boyhboyleheights
City:
Los Angeles
Listed Date:
Sep 9, 2024
State:
CA
ZIP:
90063
Lot Size:
11,494 sqft / 0.26 acres (approx)
Year Built:
1910
See this Listing
Mortgage Calculator
Schools
Interior
Fireplace Features
None
Heating
Floor Furnace
Exterior
Community Features
Curbs, Mountainous, Sidewalks, Storm Drains, Street Lights
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Features
On Site
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Tenant Pays
Cable T V, Electricity, Gas, Other, Parking Fee
Utilities
Electricity Available, Natural Gas Connected, Sewer Connected
Map
Community
- Address3313 Folsom Street Los Angeles CA
- AreaBOYH – Boyle Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90063
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Courtesy of United Real Estate Pacific States. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.3313 Folsom Street
Los Angeles, CA
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