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Property Description

*2.7% INTEREST RATE ASSUMABLE LOAN 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. 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 appropriate professionals (i.e., attorney, appraiser, architect, contractor, surveyor, etc.)

Features
: None
: None
: Living Room
: All Bedrooms Down
: None
: Public Sewer
Address Map
2719 Folsom, Los Angeles, California 90033
US
CA
Los Angeles
Los Angeles
90033
Yes
Folsom
2719
W119° 47' 52''
N34° 2' 48''
Cross St is Cesar Chavez
BOYH - Boyle Heights
Neighborhood
Los Angeles Unified
Additional Information
: Public
1
1
1188800
2025-10-07
4
: 2-5 Units/Acre
: One
1
: Sidewalks, Urban
Listing Information
WS81922
22027
Cash,Cash to Existing Loan,Cash to New Loan,Conventional,VA Loan
Active
2025-12-03T18:10:28Z
CRMLS
: Standard
2025-10-07T12:21:41Z

Residential For Sale

2719 Folsom, Los Angeles, California 90033

6 Bedrooms
4 Bathrooms
3,048 Sqft
$1,170,000
Listing ID #WS25234373
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : WS25234373
Price : $1,170,000
View : None
Bedrooms : 6
Bathrooms : 4
Square Footage : 3,048 Sqft
Year Built : 1924
Lot Area : 0.13 Acre
Office Name : CIRCA PROPERTIES, INC.
Agent Name : JUSTIN CHU
Full Bathrooms : 4
Property Sub Type : Quadruplex
Listing Status : Active
Agent info
All View Realty
Contact Agent
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