3339 Folsom Street Los Angeles, CA ^$ 1,375,000

3339 Folsom Street

^$ 1,375,000

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3339 Folsom Street

Los Angeles, CA, 90063

^$ 1,375,000

Studio Baths0.0 Sq 5,030

Monthly Estimate*

^$ 9,139

3339 Folsom Street, Los Angeles, CA 90063 - Image 1

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,375,000. This 5,030 square foot home was built in 1924 on a lot size of 0.25.

CBRE is pleased to exclusively offer for sale 3339 Folsom Street, a charming, well-maintained, pride of ownership six-unit apartment building built in 1924. The property boasts a favorable unit mix of one (1) one-bedroom one-bathroom unit, and five (5) two-bedroom one-bathroom units. 3339 Folsom Street, is a prime investment opportunity within a highly desired neighborhood. This is a premium investment opportunity located in the highly sought-after unincorporated county of Los Angeles. The property nestled in a small pocket next to Boyle Heights also has the potential to add an ADU with preliminary plans already in place(Buyer to Verify). There is also 50% upside potential with the current rents in place. The property boasts favorable CapEx improvements such as new roofs, gutters, repiping to copper, and new sewer lines. With both 50% upside in rental potential as well as preliminary plans for ADU in place, there is tons of upside for a potential buyer.

Multi-Family Active

Price

^$ 1,375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.25

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024385715

Features

General

Sewer None

Heating Wall Furnace

Cooling Wall/Window Unit(s) See Remarks

Zoning LCR2*

Year Built 1924

Levels Multi/Split

County Los Angeles

Net Operating Income 72489.0

New Construction No

Property Type C

HOA / Comm Assn No

Status Active

City Los Angeles

View Y/N No

Senior Community Y/N No

MLS Area ELA - East Los Angeles

Lot Size Square Feet 11101.0

Street Name Folsom

Structure Type None

Standard Status Active

Buyer Agent Compensation Type %

Exterior

Water Source None

Lot Size Area 11101.0

Spa No

Pool Y/N? No

Building Area Total 5030.0

Lot Size Acres 0.25

Lot Size Units Square Feet

Land Lease Type Fee

Interior

Common Walls No Common Walls

Air Conditioning Y/N Yes

Heating Y/N Yes

Fireplace Y/N No

Street Suffix Street

Laundry Features None

Total Baths 0

* Excluded Features

List By

John Boyett

Listing Agent

Cbre

Broker

Affordability Calculator

$9,139

Per Month

Monthly Principal & Interest: $9,139
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,989,053

Percent of Sale Price 45%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/2/2024	$1,375,000		Listed Price

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3339 Folsom Street, Los Angeles, CA, 90063 is a Multi-Family Home for sale at $1,375,000 with 5,030 sqft and a lot size of 0.25. 3339 Folsom Street is a studio with 0.0 baths and was built in 1924. The property's zip code is 90063 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 5/7/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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3339 Folsom Street

Multi-Family Home for sale in Los Angeles, CA

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