• 3313 Folsom Street Los Angeles, CA 90063

  • $1,670,000
  • 0
    Bed(s)
  • 0
    Baths
  • 5
    Sq Ft
  • 11494
    Sqft
  • Listed By: RICHARD TAMAYO, TAMAYO & ASSOC. R.E., DRE #01091316
  • Source: CRMLS

"Investor Dream" Nothing but money! 5 units that feature (Two) 2 bedroom 2-bath (One) 2 bedroom 1- Bath (One) 3-bedroom 2- bath and (One) 3 bedroom 1-bath. This unique property is situated on a 11,000+ square foot Lot and has two separate addresses, (5) separate gas meters, (5) separate electric meters and 2 water meters (Note: Possible SB9 Opportunity). If you are looking for positive cash flow, this is it. But that's not all. What if I can tell you that the seller is willing to carry with great terms for the buyer, if an offer comes in that is acceptable to the seller, yes sir, Seller may carry on this one. Property has low vacancy and cash flow rents with great upside on this unique investment property in the up-and-coming Boyle Heights Neiborhood.

Property Type :

Residential Income

County :

Los Angeles

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : Public

Sewer : Public Sewer

Interior Features

Fireplace: None

Heating Source

Floor Furnace

Has Heating

Fireplace

Fireplace Features: None

Has Fireplace: 0

Building Information

Year Built: 1910

Building Area Total: 5

Pool Features

None

Laundry Features

None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 0.2639

Lot Size Source: Assessor

Lot Size Square Feet: 11494

Listing Price Information

Original List Price: 1,670,000

Listing Contract Date: 2024-01-26

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 5231025012

Garage and Parking

Garage Description: On Site

Homeowners Association

Rental Info

Lease Term: Negotiable

Tenant Pays: Electricity,Gas,Parking Fee

Other Property Info

Source Listing Status: Active

Source Neighborhood: BOYH - Boyle Heights

Postal Code Plus 4: 2100

Directions: Go to Malabar left of Folsom

Zoning: LCR2*

Source Property Type: Residential Income

Area: BOYH - Boyle Heights

Property SubType: Apartment

Building and Construction

Property Age: 114

Common Walls: No Common Walls

Property Condition: Repairs Cosmetic

Structure Type: Apartment

Year Built Source: Assessor

Levels or Stories: One

Building Total Stories: 1

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Snow Drive, Los Angeles, CA,90063 $185,000 -- -- -- 6438 Sqft
4156 Woolwine Drive, Los Angeles, CA,90063 $169,000 -- -- -- 3184 Sqft
1004 N Hicks Avenue, Los Angeles, CA,90063 $1,150,000 8 4 5,168 7249 Sqft
3134 Fairmount Street, Los Angeles, CA,90063 $479,900 5 2 1,522 5200 Sqft
3520 Pomeroy, Los Angeles, CA,90063 $525,000 -- -- -- 7244 Sqft
411 N Brannick Avenue #F, Los Angeles, CA,90063 $494,900 3 2 1,179 --
501 S Lorena Street, Los Angeles, CA,90063 $940,000 -- -- 2,200 4250 Sqft
1256 Schick Avenue, Los Angeles, CA,90063 $145,000 -- -- -- 7140 Sqft
Schick Avenue, Los Angeles, CA,90063 $145,000 -- -- -- 7533 Sqft
1243 Schick Avenue, Los Angeles, CA,90063 $145,000 -- -- -- 7151 Sqft

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ByOwner last updated this listing 05/29/2024 @ 03:59

MLS: WS24016709
LISTED BY: RICHARD TAMAYO, TAMAYO & ASSOC. R.E.
SOURCE: CRMLS
Buyer Agency Compensation: 1.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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