FOR SALE
$818,888

2809 Folsom Street
Los Angeles, CA 90033

Triplex, Multi-Family
Residential
7
Beds
2,519
Sq. Ft.
0.13
Acre Lot
Courtesy: Patrick Natian - Keller Williams Encino/Sherman Oaks; Email: [email protected]
Agent Websites> California> Los Angeles> 90033
Introducing A prime investment opportunity in Boyle Heights! Keller Williams is proud to present to you: 2809 Folsom Street, a profitable triplex. Here youll 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 propertys 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. Dont miss out on this exceptional opportunity, reach out and schedule a view
CRSR24064423
Triplex, Multi-Family, Other
7
Los Angeles
1922
0.13 Acres
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Patrick Natian - Keller Williams Encino/Sherman Oaks; Email: [email protected]

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