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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
Nearby Schools
- 0.4 mi
- Colburn School0.4 mi
public
- Child Development Center0.4 mi
public
Parks & Recreation
- 0.1 mi
- 0.2 mi
- Yaanga park0.3 mi
park
Transit Access
- Spring Street & 1st Street72 yrd
Bus Stop
- Spring Street & Temple Street94 yrd
Bus Stop
- Main & 1st0.1 mi
Bus Stop
- Temple & Main0.1 mi
Bus Stop
- Temple & Spring0.1 mi
Bus Stop
Local Amenities
Dining
- Homeboy Diner26 yrd
- Señor Fish0.2 mi
Grocery
- Marukai Market0.2 mi
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