2719 Folsom Street, Los Angeles, CA 90033
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
2719 Folsom Street,Los Angeles, CA 90033
$1,248,800
- 6 Beds
- - Baths
- 3,048 sq. ft.
- Multi-family
- Active
Listed by:justin chu
Office:circa properties, inc.
MLS#:CRWS25199372
Source:CA_BRIDGEMLS
Price summary
- Price:$1,248,800
- Price per sq. ft.:$409.71
About this home
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. Stable Cash Flow: Currently delivering a 0.9% CoC, with a clear path to 5% through market-driven rental adjustments. Recent Upgrades: New roof (2024), remodeled bathroom in unit 2721.5 (2025), full remodel of unit 2719.5 (2021), and newer exterior paint reduces near-term capex risk. Flexible Leases: Month-to-month agreements allow quick alignment with market rents, maximizing income potential. Prime Location: Situated in a dynamic, up-and-coming neighborhood, this asset is well-positioned for long-term appreciation. Seize this opportunity to invest in a turnkey property with both stability and growth potential! PLEASE DO NOT DISTURB OCCUPANTS! Broker does not guarantee the accuracy of the information provided, including lot size, lot acreage, lot dimensions, square footage measurements, and/or permissibility to build. Buyer is advised to independently verify the accuracy of this information through personal inspection, building permits, and/or with appropriat
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Home facts
- Year built:1924
- Listing ID #:CRWS25199372
- Added:2 day(s) ago
- Updated:September 07, 2025 at 02:31 PM
Rooms and interior
- Bedrooms:6
- Living area:3,048 sq. ft.
Structure and exterior
- Year built:1924
- Building area:3,048 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$1,248,800
- Price per sq. ft.:$409.71
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