*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.)
Property Details
Price:
$1,188,800
MLS #:
WS25234373
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
boyh
Listed Date:
Oct 7, 2025
Finished Sq Ft:
3,048
Lot Size:
5,851 sqft / 0.13 acres (approx)
Year Built:
1924
See this Listing
Schools
School District:
Los Angeles Unified
Interior
Bathrooms
4 Full Bathrooms
Cooling
NO
Laundry Features
NO
Exterior
Community Features
SDW, URB
Financial
Map
Community
- AddressFolsom Lot 5 Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90033
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 19, 2025
1,854
Single Family Listed
79
Avg DOM
1,064
Avg $ / SqFt
$1,926,508
Avg List Price
Property Summary
- Folsom Lot 5 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90033. It is listed for $1,188,800 and features 6 beds, 4 baths, and has approximately 3,048 square feet of living space, and was originally constructed in 1924. The current price per square foot is $390. The average price per square foot for Single Family listings in Los Angeles is $1,064. The average listing price for Single Family in Los Angeles is $1,926,508.
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