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2719 Folsom

Los Angeles, CA 90033
Active
Multifamily
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$1,170,000
*ASSUMABLE 2.7% INTEREST RATE FOR VA BUYERS, 2719-2721 Folsom Street, Los Angeles (Tenant Occupied 4plex) This premium multi-unit investment in the revitalizing East LA neighborhood offers immediate passive income with significant upside potential. Spanning approximately 3,048 sq ft, this well-maintained, four-unit property, built in 1924, is primed for strong returns.… Read MoreRead Less
Property listed by CIRCA PROPERTIES, INC., JUSTIN CHU 626-321-3211
Listing Snapshot
Days Online
40
Last Updated
Property Type
Quadruplex
Lot Size
0.13 Acres
Year Built
1924
MLS Number
WS25234345
30 Days Snapshot Of 90033
$763k
0%
(avg) sold price
0
-100%
homes sold
58
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1924, Building area total: 3,048, Levels: One, 1 story, 2 buildings, Common walls: NoCommonWalls
Community
Sidewalks, Urban
Expenses
Insurance expense: $3,883, New taxes expense: $14,000, Operating expense: $21,483, Water sewer expense: $4,200
Income
Gross income: $79,946, Net operating income: $56,065
Laundry
None
Lot
0.1343 acres, 5,851 square feet, Size: 5,851, TwoToFiveUnitsAcre
Pool
None
Sewer
PublicSewer
Tenant Pays
Electricity
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Monthly Payment
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Joe Villaescusa
CEO
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Schools In The Area

Check out nearby schools with ratings and contact info.
Sheridan Street Elementary School 323-263-9818 Public PK-6
Hollenbeck Middle School 323-780-3000 Public 6-8
Theodore Roosevelt High School 323-780-6500 Public 9-12
Sheridan Street Elementary School 323-263-9818 Public PK-6
Sheridan Street Elementary School 323-263-9818 Public PK-6
Hollenbeck Middle School 323-780-3000 Public 6-8
Sheridan Street Elementary School 323-263-9818 Public PK-6
Theodore Roosevelt High School 323-780-6500 Public 9-12
Felicitas & Gonzalo Mendez High School 323-981-5400 Public 9-12

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Listing Information © California Regional MLS. All Rights Reserved.

Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.