3339 Folsom Street

Los Angeles, CA 90063

$1,375,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $273 / sqft

1924

calendar_month Built

Property Description

We are pleased to exclusively offer for sale 3339 Folsom Street, a charming, well-maintained, pride of ownership six-unit apartment building built in 1924. The property boasts a favorable unit mix of one (1) one-bedroom one-bathroom unit, and five (5) two-bedroom one-bathroom units. 3339 Folsom Street, is a prime investment opportunity within a highly desired neighborhood. This is a premium investment opportunity located in the highly sought-after unincorporated county of Los Angeles. The property nestled in a small pocket next to Boyle Heights also has the potential to add an ADU with preliminary plans already in place(Buyer to Verify). There is also 50% upside potential with the current rents in place. The property boasts favorable CapEx improvements such as new roofs, gutters, repiping to copper, and new sewer lines. With both 50% upside in rental potential as well as preliminary plans for ADU in place, there is tons of upside for a potential buyer.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Fireplace Information
Features None
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 3339 Folsom Street
City Los Angeles
State CA
Zip 90063
County Los Angeles
Listing Agent John Boyett DRE#02056759
Courtesy Of CBRE
MLS 24385715
List Price $1,375,000
Status Active
Type Residential Income
Structure Size N/A
Lot Size 11,101
Year Built 1924
DOM 49

Exterior Information

Maps

Listing information courtesy of: John Boyett, CBRE . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 17th, 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.