2719 Folsom Street, Los Angeles, CA 90033

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
2719 Folsom Street,Los Angeles, CA 90033
$1,248,800
  • - Beds
  • - Baths
  • 3,048 sq. ft.
  • Multi-family
  • Active
Listed by:justin chu
Office:circa properties, inc.
MLS#:WS25199372
Source:CRMLS

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

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Home facts

  • Year built:1924
  • Listing ID #:WS25199372
  • Added:1 day(s) ago
  • Updated:September 06, 2025 at 10:25 AM

Rooms and interior

  • Living area:3,048 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:3,048 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,248,800
  • Price per sq. ft.:$409.71
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