2809 Folsom Street
Los Angeles, CA 90033
- 7 beds
- – baths
- 2,519 sqft
- 5,847 sqft lot
- $325 per sqft
- 1922 build
- – on site
*** PRIME INVESTMENT OPPORTUNITY IN BOYLE HEIGHTS *** Located near Downtown Los Angeles in the vibrant Boyle Heights neighborhood, this freshly painted triplex features two buildings on a spacious lot with RD1.5 zoning, offering exceptional potential for investors or homeowners. The front duplex includes two units, each with 2 bedrooms and 1 bathroom. The back single-family home features 3 bedrooms, 1 bathroom, a private backyard, and a garage with the potential to be converted into an ADU. 1 front unit and back single-family home are both currently occupied by Section 8 tenants. A long driveway offers ample multi-vehicle parking, adding to the property's convenience and functionality. Conveniently located near major freeways, public transportation, and shopping, this property offers both comfort and accessibility. With rents currently below market, this property presents significant upside for increased income or redevelopment. Its ideal location and flexible possibilities make it a standout opportunity in one of LA’s most dynamic areas. Don't miss the chance to unlock the potential of this versatile property! Buyer to assist with 1031 Exchange. Drive by only, subject to inspection.
Last checked:
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Last updated Jan 25, 2025
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MLS# CRSB25010024 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1922
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Building Area Units:Square Feet
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Building Area Total:2519
Room Dimensions
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Living Area:2519
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Living Area Units:Square Feet
Location
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Directions:N. Evergreen, Cross Street Wabash Ave
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Parcel Number:5178010003
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Zoning:LARD
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Lot Size Area:0.13
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Lot Size Acres:0.13
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Lot Size SqFt:5847
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (310) 938-9792
Taxes
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Tax Tract:2037.20
Beds
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Bedrooms Total:7
The Listing
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Listing Terms:1031 Exchange
Appliances
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Laundry Features:Other
The Community
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Association:false
Parking
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Parking Total:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/21/25
Jan 21, 2025
|
Listed / Active | BRIDGE | $819,000 | 72.4% (8.1% / YR) |
|
4/1/24
Apr 1, 2024
|
Listed / Active | CRMLS_CA | ||
|
2/24/16
Feb 24, 2016
|
CRMLS_CA | $475,000 |
