2809 Folsom Street Los Angeles, CA 90033

Multi-Family (2-4 Units) MLS #: SR24064423 Courtesy Of Keller Williams Encino/Sherman Oaks

$818,888

7 beds | 3 baths | 2,519 sq ft
Print property details Share
Estimated monthly payments: $3,580/mo.* (recalculate)

Property InformationDescription

Introducing A prime investment opportunity in Boyle Heights!

Keller Williams is proud to present to you: 2809 Folsom Street, a profitable triplex. Here you ll find a rare chance to enter the thriving real estate market of Boyle Heights. Fully occupied and producing consistent income streams, this property is an ideal investment for all investors. The triplex features two units leased to Section 8 tenants, ensuring guaranteed monthly income. Two houses are 2 bedroom, 1 bath each and the detached home is a 3 bedroom, 1 bath home. Currently, the property yields a monthly gross income of $3,796, with the potential for significant growth based on investment strategies. Additionally, the property includes a rear garage, offering the opportunity to convert it into an ADU (Accessory Dwelling Unit). This conversion could elevate the property s income potential, transforming it into a Fourplex. With LARD1.5 Zoning, there are further possibilities for expansion and enhancement of the property. This investment is strategically positioned for future growth and development. Whether you seek to expand your real estate portfolio or secure passive income, 2809 Folsom Street offers stability and investment returns. Don t miss out on this exceptional opportunity, reach out and schedule a viewing today!
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Amenities: Lawn
  • Appliances: Cooktop - Gas, Refrigerator
  • Architecture Style: Other
  • Cooling System: None
  • Floor Covering: Tile
  • Heating System: Central Furnace
  • Roof Type: Composition Shingle
  • Rooms: Bedroom, Full Bath, Kitchen, Laundry Room, Living Room

MAP & DIRECTIONS

Get Directions
2809 Folsom Street, Los Angeles, CA 90033
View Directions

School Information

2809 Folsom Street, Los Angeles, CA 90033

Elementary School
Grades KG-6 | Public School
MALABAR STREET ELEMENTARY
Los Angeles, CA 90063
3200 Malabar St
323.­261.1103
Distance: 0.4 mi
School Rating
B
Student:Teacher Ratio
22:1
Total Students
487
Middle School
N/A
High School
Grades 9-12 | Public School
THEODORE ROOSEVELT HIGH SCHOOL
Los Angeles, CA 90033
456 S Mathews St
323.­780.6500
Distance: 0.8 mi
School Rating
C+
Student:Teacher Ratio
20:1
Total Students
1452
High School
Grades 9-12 | Public School
FELICITAS & GONZALO MENDEZ HIGH SCHOOL
Los Angeles, CA 90033
1200 Plaza Del Sol St
323.­981.5400
Distance: 1.5 mi
School Rating
C
Student:Teacher Ratio
18:1
Total Students
958
High School
Grades 9-12 | Public School
BOYLE HEIGHTS STEM HIGH SCHOOL
Los Angeles, CA 90023
2550 E 6th St
323.­268.1031
Distance: 0.8 mi
School Rating
A-
Student:Teacher Ratio
12:1
Total Students
159
Other Nearby Schools Distance Type Grades School Rating
Assumption School 0.2 mi Private KG-8
1st Street Elementary 0.4 mi Public PK-6 B
Evergreen Elementary School 0.5 mi Public KG-6 C+
Sheridan Street Elementary School 0.5 mi Public PK-6 C
Kipp Promesa Preparatory 0.6 mi Public KG-4 B
Our Lady Of Talpa School 0.7 mi Private KG-8
Breed Street Elementary School 0.8 mi Public KG-6 D+
Extera Public 0.8 mi Public KG-8 D+
Math, Science, & Technology Magnet Academy At Roosevelt High School 0.8 mi Public 9-12 A-
Francisco Bravo Medical Magnet High School 0.9 mi Public 9-12 A+
Harrison Street Elementary 0.9 mi Public KG-6 C-
Boyle Heights Continuation 0.9 mi Public 9-12 D-
St Mary School 0.9 mi Private KG-8
Hollenbeck Middle School 0.9 mi Public 6-8 C
2nd Street Elementary School 0.9 mi Public KG-6 B
Ramona Opportunity High School 1.0 mi Public 7-12 C
Murchison Street Elementary School 1.0 mi Public PK-6 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Los Angeles, CA 90033

Median Age: 34.1
Married: 39%
Number of Households: 12,358
Households with Children: 42.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.