2809 Folsom St Los Angeles, CA 90033  | Multi Family
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$818,888

2809 Folsom St Los Angeles, CA 90033
7
Bedrooms
3
Bathrooms
5,847
sqft
1922
Year Built
Multi Family
Property Type
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About This Home

Introducing A prime investment opportunity in Boyle Heights! Keller Williams is proud to present to you: 2809 Folsom Street, a profitable triplex. Here youa??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 propertya??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. Dona??t miss out on this exceptional opportunity, reach out and schedule a viewing today!

Location

2809 Folsom St Los Angeles, CA 90033

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Listing Agent

Patrick Natian

Patrick Natian

Keller Williams Encino/Sherman oaks

(0 reviews)
Avg Price Sold$396.8K
Years Experience7
Total Transactions18