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3313 Folsom Street
Los Angeles, CA 90063

Residential Multi Family (Apartment)

0.26 Acres
5 Sqft Living Area

12 Bedrooms

8 Bathrooms (8 Full, 0 Half)

Year Built: 1910

$1,670,000

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Property Description

"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.

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Contact Details

Name: RICHARD TAMAYO

Email: richard@tamayohomes.com

MLS Listing Id: WS24016709

Agent Phone: (323) 717-3744

List Agent License: 01091316

Office Name: TAMAYO & ASSOC. R.E.

Office Phone: (888) 490-1444

Office MLS Id: 20038

Listing Status: Active

Listing URL: https://www.realtor.com/realestateandhomes-detail/3313-Folsom-St_Los-Angeles_CA_90063_M17328-99178?f=listhub&s=MRMLSCA&m=WS24016709&c=openhousinc

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