2719 Folsom, Los Angeles, CA 90033

• 6 beds |
• 4 baths |
• 3,048 sqft

Property Description

*2.7% INTEREST RATE ASSUMABLE LOAN FOR VA BUYERS. 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 OCCUPANTS! Broker does not guarantee the accuracy of the information provided, including lot size, lot acreage, lot dimensions, square footage measurements, and/or permissibility to build. Buyer is advised to independently verify the accuracy of this information through personal in

Listing Status:

Active

Date Added:

October 7, 2025 at 05:00AM

Listing Office:

CIRCA PROPERTIES, INC. : 714-203-6814

Listing Agent:

JUSTIN CHU : 626-321-3211

MLS ID:

CRWS25234373

Interior

• Laundry: None
• A/C: None
• Fireplace: Living RoomFireplace

Exterior

• Pool: None

Construction

• General: 1

Location

• HOA Amenities: 0.0
• School District: Los Angeles Unified
• County: Los Angeles

Lot

• Zoning: 5177030005
• View: None

This listing courtesy of JUSTIN CHU, CIRCA PROPERTIES, INC.