Home Team Realty
Listed by Home Team Realty
$728,888
2809 Folsom
Details
APN 5178010003
Property Type Multifamily
Sub Type Apartment Building
Units 3
Buildings 2
Stories 1
Acreage 0.134
Zoning Public Rec
Multifamily | 3 Units
Marketing description
PRIME INVESTMENT IN BOYLE HEIGHTS WITH VALUE ADD OPPORTUNITY. Heres a great chance to own a triplex in the heart of Boyle Heights. This property sits on an RD1.5 lot and offers both immediate income and long-term potential. The front duplex has two units with 2 bedrooms and 1 bath each, while the back house features 3 bedrooms, 1 bath, a private yard, and a garage with ADU possibilities. All units are occupied with long term tenants with rents still well below marketleaving plenty of room for upside. A long driveway allows for multiple cars, and the location offers quick access to Downtown LA, freeways, transit, and neighborhood amenities. With its price reduction, strong cash flow, and value-add potential, this property is one of the best multifamily buys in the area. Buyer to assist with 1031 Exchange. Drive by only, Inspection subject to offer. Please do not disturb tenants. Property to be delivered with all tenants occupied.
Listing Contacts
Home Team Realty
Listed by Home Team Realty
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