3339 Folsom Street
3339 Folsom Street
$1,375,000
11
6
5,030
5,030
$273
Description
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...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.
- Listed by John Boyett • DRE #02056759 • Brokerage DRE #00868409 • CBRE
Property Details for 3339 Folsom Street
Zoning
LCR2*
StyleOther
Parcel Number5231025006
Total Units6.0
Living Area5030
Source Living AreaVendor Enhanced
AreaEast LA
Vacancy Rate0
Location
LISTING UPDATED: 05/07/2024 12:01 AM
Property Details for 3339 Folsom Street
Status | Active |
---|---|
MLS # | 24-385715 |
Days on Market | 33 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1924 |
Lot Size | 0.25 AC / 11,101 SF |
County | Los Angeles County |
Location
Building Information for 3339 Folsom Street
Stories-Residences-Year Built1924Building Size-Lot Size0.25 AC / 11,101 SF
Payment Calculator
$8,982 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3339 Folsom Street
Property History for 3339 Folsom Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3339 Folsom Street
Taxable ValueLand$735,562Additions$471,301Total$1,206,863
Tax Record2023$17,735 ($1,478 / month)
Home Facts
Total Finished SqFt5,030 SqFtAbove Grade Finished SqFt5,030 SqFtLot Size11,098 SqFtStyleMulti-Family Res (5+ Units)Year Built1924ZoningLCR2*CountyLOS ANGELESAPN5231-025-006
Schools near 3339 Folsom Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Malabar Street Elementary School PublicK to 6 | ||
Alliance College-Ready Middle Academy 8 Charter6 to 8 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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