2809 Folsom Street
2809 Folsom Street
$818,888
7
3
2,519
2,519
$325
Description
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...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 viewing today!
- Listed by Patrick Natian • DRE #02098493 • Keller Williams Encino/Sherman Oaks • 818-455-3265
- Listed by Jack Dalyan • DRE #02204109 • Keller Williams Encino/Sherman Oaks
Property Details for 2809 Folsom Street
View
Neighborhood
Parking Spaces Total5
Private PoolNo
Cooling TypeN/K
Total Units3.0
Building TypeAttached
Lot Size SourceAssessor
Living Area2519
Location
LISTING UPDATED: 05/25/2024 06:41 AM
Property Details for 2809 Folsom Street
Status | Active |
---|---|
MLS # | SR24064423 |
Days on Market | 74 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.13 AC / 5,847 SF |
County | Los Angeles County |
Location
Building Information for 2809 Folsom Street
Stories1Residences-Year Built1922Building Size-Lot Size0.13 AC / 5,847 SF
Payment Calculator
$5,209 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2809 Folsom Street
Property History for 2809 Folsom Street
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2809 Folsom Street
Taxable ValueLand$428,879Additions$272,338Total$701,217
Tax Record2023$8,884 ($740 / month)
Home Facts
Total Finished SqFt2,519 SqFtAbove Grade Finished SqFt2,519 SqFtLot Size5,845 SqFtStyleTriplexYear Built1922ZoningLARD1.5CountyLOS ANGELESAPN5178-010-003
Schools near 2809 Folsom Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | K to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Malabar Street Elementary School PublicK to 6 | ||
Larchmont Charter School CharterK to 12 | ||
Felicitas And Gonzalo Mendez High Public9 to 12 | ||
Theodore Roosevelt Senior High Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.