2719 Folsom, Los Angeles, CA 90033 - Photo 1 of 42, Los Angeles, CA
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$1,169,000

2719 Folsom, Los Angeles, CA 90033

6Beds
4Baths
3,048Sq Ft
1924Built
168Days Listed

About This Property

*Seller 2nd Loan Financing negotiable *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.)

Property Location

Map

Property Details

Property Type
Attached
Bedrooms
6
Bathrooms
4
Building Area
3,048 Sqft
Living Area
3,048 sqft
Year Built
1924
Stories
1.0
Status
Active
Days on Market
168
Cumulative Days on Market
141
Original Price
$1,218,800
MLS Number
WS25234373

Location & Neighborhood

What's nearby 2719 Folsom, Los Angeles, CA 90033

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POI data updated recently

Price History

$1,169,000

Feb 24, 2026

$1,000

-0.1%

Original List Price

$1,218,800

Los Angeles Market Snapshot

2,906

Active Listings

$750K

Median Price

91

Avg Days on Market

Last updated: Feb 24, 2026

Listed by

JUSTIN CHU, CIRCA PROPERTIES, INC. · 626-321-3211 · MLS# WS25234373

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$1,169,000