2531 Folsom Street, Los Angeles, CA 90033
Local realty services provided by:ERA North Orange County Real Estate
2531 Folsom Street,Los Angeles, CA 90033
$1,949,000
- 12 Beds
- 14 Baths
- 5,490 sq. ft.
- Multi-family
- Active
Listed by: jake glaser, spencer chan
Office: lyon stahl investment real estate, inc.
MLS#:26640525
Source:CRMLS
Price summary
- Price:$1,949,000
- Price per sq. ft.:$355.01
About this home
Newly built 2023 construction 4-Plex in the heart of Boyle Heights. The 5,490 SF property consists of two separate duplex structures, each with two townhome style units. Each of the four huge townhome units is comprised of 3 bedrooms and 3.5 bathrooms, and the units average 1,373 square feet each. Plus each bedroom has its own en-suite bathroom. Tenants pay for all of their own utilities with four separate gas, water & electric meters, and there are fully paid off solar panels on the roofs. Tenants also subscribe to a solar rebate program, vastly lowering their monthly utility expenses. Each of the units has been thoughtfully designed with designer finishes, high-end fixtures, LVP flooring & stainless steel appliances. Every unit also includes a laundry closet on the upstairs landing with washer/dryer hookups. There are a total of eight uncovered parking spaces, with six in the back and two in the front, providing two parking spaces for each unit. The parking areas are secured by electric gates as well. The property is currently fully occupied, and it is subject to LA City rent control under RSO. Offered at an attractive 6.80% cap rate and only $355/SF, 2531 Folsom presents an extremely attractive offering for multifamily investors looking for Day 1 cash flow from a newly built asset....
Contact an agent
Home facts
- Year built:2023
- Listing ID #:26640525
- Added:955 day(s) ago
- Updated:March 28, 2026 at 01:23 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:14
- Living area:5,490 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central Furnace
- Central air:Yes
Structure and exterior
- Year built:2023
- Building area:5,490 sq. ft.
- Lot area:0.16 Acres
- Architectural Style:Contemporary
- Levels:2 Story
Finances and disclosures
- Price:$1,949,000
- Price per sq. ft.:$355.01
Features and amenities
- Laundry features:On Upper Level
Parking
- Total parking spaces:8
- Parking description:Uncovered
New listings near 2531 Folsom Street
- New
$1,525,000Active4 beds 3 baths2,328 sq. ft.10940 Andora Avenue, Chatsworth, CA 91311
MLS# 26671005Listed by: REAL ESTATE SOURCE, INC. - New
$2,885,000Active18 beds 16 baths6,734 sq. ft.1250 W 37th Street, Los Angeles, CA 90007
MLS# 26671171Listed by: KELLER WILLIAMS HOLLYWOOD HILLS - New
$3,150,000Active-- beds -- baths7,030 sq. ft.11341 Victory Boulevard, North Hollywood, CA 91606
MLS# GD26069750Listed by: KELLER WILLIAMS R. E. SERVICES - Coming Soon
$1,199,000Coming Soon3 beds 2 baths24133 Albers Street, Woodland Hills, CA 91367
MLS# SR26064873Listed by: COLDWELL BANKER REALTY - New
$3,150,000Active-- beds -- baths7,030 sq. ft.11341 Victory Boulevard, North Hollywood, CA 91606
MLS# GD26069750Listed by: KELLER WILLIAMS R. E. SERVICES - New
$939,000Active3 beds 3 baths1,938 sq. ft.783 Gatun Street #104, San Pedro, CA 90731
MLS# SB26067342Listed by: REALTY ONE GROUP UNITED - Coming Soon
$1,199,000Coming Soon3 beds 2 baths24133 Albers Street, Woodland Hills, CA 91367
MLS# SR26064873Listed by: COLDWELL BANKER REALTY - New
$599,990Active2 beds 1 baths832 sq. ft.14125 Lanark Street, Panorama City, CA 91402
MLS# OC26068749Listed by: DEL REY RESIDENTIAL - New
$2,195,000Active4 beds 3 baths2,458 sq. ft.19029 Sprague Street, Tarzana, CA 91356
MLS# SR26069052Listed by: RODEO REALTY - New
$799,999Active4 beds 2 baths1,723 sq. ft.10237 Oro Vista, Sunland, CA 91040
MLS# SR26069215Listed by: NON LISTED OFFICE