3339 Folsom Street, Los Angeles, CA 90063
-
Listed Price :
$1,375,000
-
Beds :
N/A
-
Baths :
N/A
-
Property Size :
N/A sqft
-
Year Built :
1924
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 |
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 |
List Price |
$1,375,000 |
Status |
Hidden |
Type |
Residential Income |
Structure Size |
N/A |
Lot Size |
11,101 |
Year Built |
1924 |
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.