2809 Folsom Street

Los Angeles, CA 90033

$818,888

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $325 / sqft

1922

calendar_month Built

Property 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 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!

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Flooring Information
Material Tile
Fireplace Information
Features None
Interior Information
Cooling Type None

Listing Information

Address 2809 Folsom Street
City Los Angeles
State CA
Zip 90033
County Los Angeles
Listing Agent Patrick Natian DRE#02098493
Co-Listing Agent Jack Dalyan DRE#02204109
Courtesy Of Keller Williams Encino/Sherman Oaks
MLS SR24064423
List Price $818,888
Status Active
Type Residential Income
Subtype Triplex
Structure Size N/A
Lot Size 5,847
Year Built 1922
DOM 55

Exterior Information

Maps

Listing information courtesy of: Patrick Natian, Jack Dalyan, Keller Williams Encino/Sherman Oaks . *Based on information from the Association of REALTORS/Multiple Listing as of May 25th, 2024 at 1:41 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.