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$775,000
Listing Price7beds
3baths
2,519sqft
5,845sqft lot
2809 Folsom St, Los Angeles, CA 90033
Member Features
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
*** PRIME INVESTMENT OPPORTUNITY IN BOYLE HEIGHTS ***nLocated 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 propertys 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 LAs most dynamic areas. Dont miss the chance to unlock the potential of this versatile property! Buyer to assist with 1031 Exchange. Drive by only, subject to offer. Property to be delivered with all tenants occupied.
Interior Details
2519
7
3
Has Heating:
Yes
Heating Type:
Yes
Has Cooling:
Yes
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
N/A
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
N/A
Property Details
5845
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Triplex
N/A
N/A
N/A
N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2019
$8,123
$408,000
$259,080
--%
$667,080
2019
$8,123
$400,000
$254,000
--%
$654,000
2018
$6,237
$286,110
$208,080
--%
$494,190
2017
$6,103
$280,500
$204,000
--%
$484,500
2016
$4,324
$165,162
$173,726
--%
$338,888
2014
$4,296
$159,496
$167,766
--%
$327,262
2013
$4,296
$158,776
$167,008
--%
$325,784
2012
$4,226
$155,663
$163,734
--%
$319,397
Average Home Price in 90033
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Details for 2809 FOLSOM ST
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In August 2024, LA’s pre-foreclosures plummeted 50% from July and 60% from last year, suggesting better economic conditions or successful homeowner interventions. Similar trends in San Jose, while SF and SD remain stable. Sacramento shows significant improvement. LA’s efforts stand out. #HousingMarket #LosAngeles




