Listed By:
Home Team Realty, 3102188622, Chen Wen Wu
Local Realty Services Provided By:
KW Executive
Overview
What It'll Cost
Neighborhood
Similar Homes
$799,000
2809 Folsom Street, Los Angeles, CA 90033
2,519
sq ft
.13
ac
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$799,000
2809 Folsom Street, Los Angeles, CA 90033
Estimation provided by Keller Williams Realty Inc.
2,519
sq ft
.13
ac
Active
For Sale
Property Description
*** PRIME INVESTMENT OPPORTUNITY IN BOYLE HEIGHTS ***
Located near Downtown Los Angeles in the vibrant Boyle Heights neighborhood, this freshly painted triplex features two buildings on a spacious lot with RD1.5 zoning, offering exceptional potential for investors or homeowners. The front duplex includes two units, each with 2 bedrooms and 1 bathroom. The back single-family home features 3 bedrooms, 1 bathroom, a private backyard, and a garage with the potential to be converted into an ADU. 1 front unit and back single-family home are both currently occupied by Section 8 tenants. A long driveway offers ample multi-vehicle parking, adding to the property's convenience and functionality. Conveniently located near major freeways, public transportation, and shopping, this property offers both comfort and accessibility. With rents currently below market, this property presents significant upside for increased income or redevelopment. Its ideal location and flexible possibilities make it a standout opportunity in one of LA’s most dynamic areas. Don't miss the chance to unlock the potential of this versatile property! Buyer to assist with 1031 Exchange. Drive by only, subject to inspection.
Assessed Value is a combination of the land and additions.
2023
$8,884
(+4.77%)
$701,217
Land 428,879 +
Additions 272,338
2022
$8,480
(+1.32%)
$673,990
Land 412,226 +
Additions 261,764
2021
$8,369
(+3.02%)
$673,990
Land 412,226 +
Additions 261,764
2019
$8,124
(+33.1%)
$667,080
Land 408,000 +
Additions 259,080
2017
$6,103
$494,190
Land 286,110 +
Additions 208,080
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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