2719 Folsom Street, Los Angeles, CA 90033

Local realty services provided by:ERA North Orange County Real Estate
2719 Folsom Street,Los Angeles, CA 90033
$1,248,800
  • - Beds
  • - Baths
  • 3,048 sq. ft.
  • Multi-family
  • Active
Listed by:justin chu
Office:circa properties, inc.
MLS#:WS25199372
Source:CRMLS

Price summary

  • Price:$1,248,800
  • Price per sq. ft.:$409.71

About this home

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

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Home facts

  • Year built:1924
  • Listing ID #:WS25199372
  • Added:1 day(s) ago
  • Updated:September 05, 2025 at 09:24 PM

Rooms and interior

  • Living area:3,048 sq. ft.

Structure and exterior

  • Year built:1924
  • Building area:3,048 sq. ft.
  • Lot area:0.13 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,248,800
  • Price per sq. ft.:$409.71
Based on information from California Regional Multiple Listing Service, Inc. as of September 5, 2025 . 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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