2531 Folsom Street, Los Angeles, CA 90033
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
2531 Folsom Street,Los Angeles, CA 90033
$1,949,000
- 12 Beds
- 14 Baths
- 5,490 sq. ft.
- Multi-family
- Active
Listed by: jake glaser, spencer chan
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26640525
Source:CRMLS
Price summary
- Price:$1,949,000
- Price per sq. ft.:$355.01
About this home
Newly built 2023 construction 4-Plex in the heart of Boyle Heights. The 5,490 SF property consists of two separate duplex structures, each with two townhome style units. Each of the four huge townhome units is comprised of 3 bedrooms and 3.5 bathrooms, and the units average 1,373 square feet each. Plus each bedroom has its own en-suite bathroom. Tenants pay for all of their own utilities with four separate gas, water & electric meters, and there are fully paid off solar panels on the roofs. Tenants also subscribe to a solar rebate program, vastly lowering their monthly utility expenses. Each of the units has been thoughtfully designed with designer finishes, high-end fixtures, LVP flooring & stainless steel appliances. Every unit also includes a laundry closet on the upstairs landing with washer/dryer hookups. There are a total of eight uncovered parking spaces, with six in the back and two in the front, providing two parking spaces for each unit. The parking areas are secured by electric gates as well. The property is currently fully occupied, and it is subject to LA City rent control under RSO. Offered at an attractive 6.80% cap rate and only $355/SF, 2531 Folsom presents an extremely attractive offering for multifamily investors looking for Day 1 cash flow from a newly built asset....
Contact an agent
Home facts
- Year built:2023
- Listing ID #:26640525
- Added:979 day(s) ago
- Updated:April 25, 2026 at 10:49 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:14
- Living area:5,490 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:2023
- Building area:5,490 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Contemporary
- Levels:2 Story
Finances and disclosures
- Price:$1,949,000
- Price per sq. ft.:$355.01
Parking
- Total parking spaces:8
- Parking description:Uncovered
New listings near 2531 Folsom Street
- New
$599,000Active2 beds 2 baths1,114 sq. ft.765 W 26th, San Pedro, CA 90731
MLS# SB26089409Listed by: COMPASS - New
$689,000Active3 beds 2 baths1,420 sq. ft.13935 Burbank Boulevard #105, Van Nuys (los Angeles), CA 91401
MLS# CRHD26086687Listed by: COLDWELL BANKER HOME SOURCE - New
$1,235,000Active3 beds 3 baths2,359 sq. ft.1628 Laraine Circle, San Pedro (los Angeles), CA 90732
MLS# CRPV26051217Listed by: COMPASS - New
$888,888Active3 beds -- baths2,100 sq. ft.1171 W 38th Street, Los Angeles, CA 90037
MLS# CRSR26077216Listed by: JAMES BAKER REALTY, INC. - New
$1,749,999Active2 beds 3 baths1,980 sq. ft.7027 Macapa, Los Angeles, CA 90068
MLS# CRSR26084741Listed by: EPIQUE REALTY - New
$879,900Active3 beds 2 baths1,290 sq. ft.22915 Saticoy Avenue, West Hills (los Angeles), CA 91304
MLS# CRSR26084880Listed by: EQUITY UNION - New
$1,026,995Active4 beds 4 baths1,786 sq. ft.1699 Coral Sea Lane, San Pedro (los Angeles), CA 90731
MLS# CRSR26089133Listed by: RC HOMES - LOS ANGELES / VENTU - New
$699,000Active2 beds 3 baths1,302 sq. ft.7802 Via Tortona, Burbank, CA 91504
MLS# IG26087003Listed by: BLU DOT REALTY GROUP - Open Sun, 1 to 4amNew
$849,999Active-- beds 1 baths1,330 sq. ft.510 Hewitt Street #515, Los Angeles, CA 90013
MLS# SR26087863Listed by: VALLEY STAR REALTY, INC. - New
$1,899,000Active4 beds 4 baths2,951 sq. ft.8228 Rees Street, Playa Del Rey, CA 90293
MLS# 26800091Listed by: WESTLINE PROPERTIES