$1.17M
2719 Folsom, LOS ANGELES, CA 90033
Quadruplex
Description
*Seller 2nd Loan Financing negotiable *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 inspection, building permits, and/or with appropriate professionals (i.e., attorney, appraiser, architect, contractor, surveyor, etc.)
Property Details
Bedrooms
6
Bathrooms
4
Living Area
3,048 sqft
Lot Size
5,851 sqft
Year Built
1924
Stories
1
Price History
Listed
Oct 7, 2025
$1.22M
Price Change
Dec 1, 2025
$1.17M
$-48,800
Location
Location Scores
What's Nearby
Restaurants, parks, schools, and more within 3 km. Powered by Google Places.
San Antonio Winery
737 Lamar Street, Los Angeles
Panda Express
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El Tepeyac Cafe
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Bestia
2121 East 7th Place, Los Angeles
Subway
2000 Marengo Street Unit-B & C, Los Angeles
Subway
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WaBa Grill
2324 Whittier Boulevard Ste 8, Los Angeles
Shakey's Pizza Parlor
2023 East Cesar E Chavez Avenue, Los Angeles
8 places within 3 km · Google Places
Listed by JUSTIN CHU — CIRCA PROPERTIES, INC. (MLS# WS81922)
MLS# WS25234373
Listing data provided by CRMLS (California Regional Multiple Listing Service). Based on information from CRMLS as of 2/21/2026. 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Rose District Real Estate — DRE# 02356332
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Estimated Monthly Payment
$7,243.38
per month
Loan Amount
$936,000
Down Payment
$234,000
Total Interest
$1,249,516
Total Cost
$2,607,616
Rose District
Real Estate Team
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$1.17M
2719 Folsom, LOS ANGELES, CA 90033