3026 Folsom Street

Los Angeles, CA 90033

$920,000
Price
5
Beds
3
Baths
1,854 Sq. Ft.
$496 / Sq. Ft.
1,854
Sq. Ft.
$496
per Sq. Ft.

Description

Great triplex and opportunity situated in the historic neighborhood of Boyle heights! Property features TWO ON A LOT ! Front house consists of 3 bedrooms and 1.5 baths and a spacious living room area. A separate duplex is located in the back consisting of two 1 bed 1 bath units. Duplex in the back has had one unit fully renovated seen in photos and it is light and bright. Lots of potential with this property it sits on a large lot for the neighborhood. One unit in the duplex and the front house are...Great triplex and opportunity situated in the historic neighborhood of Boyle heights! Property features TWO ON A LOT ! Front house consists of 3 bedrooms and 1.5 baths and a spacious living room area. A separate duplex is located in the back consisting of two 1 bed 1 bath units. Duplex in the back has had one unit fully renovated seen in photos and it is light and bright. Lots of potential with this property it sits on a large lot for the neighborhood. One unit in the duplex and the front house are ready for your vision and have great upside. Plenty of secured parking spots. Property falls under LARC. Benefits of Section 8 are guaranteed payments, low vacancy, & stability. Attractive 4.4 CAP Rate! Property is qualified for a grant program to assist with closing costs!
  1. Listed by Aris Anagnos • DRE #01926776 • Brokerage DRE #01022642 • eXp Realty of California Inc
  2. Listed by Jean Anagnos • DRE #01993397 • Brokerage DRE #01022642 • eXp Realty of California Inc

Property Details for 3026 Folsom Street

Zoning
LAR2
Parcel Number
5178020036
Total Units
3.0
Living Area
1854
Source Living Area
Vendor Enhanced
Area
Boyle Heights (BOYH)
Vacancy Rate
1
Lot Size Area
7352
LISTING UPDATED: 08/13/2024 12:16 PM

Property Details for 3026 Folsom Street

StatusActive
MLS #24-421815
Days on Market51
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1953
Lot Size0.17 AC / 7,352 SF
CountyLos Angeles County

Building Information for 3026 Folsom Street

Stories1Residences-Year Built1953Building Size-Lot Size0.17 AC / 7,352 SF

Property Information for 3026 Folsom Street

Community / Development
Community / Development
  • Number Of Units: 3
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Multifamily
Contract Info
Contract Info
  • Disclosures: As Is, Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $58,176
  • Net Operating Income: $.00
  • Gross Income: $58,176
  • Cap Rate: 6.30%
  • Gross Rent Multiplier: $15.81
  • Actual Annual Gross Rent: $58,176.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1688
  • Lot Size Square Feet: 7352
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 4
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Levels: One
  • Cooling: Wall/Window Unit(s)
  • Cooling Type: Wall/Window
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Ceiling Fan, Garbage Disposal, Refrigerator
  • Interior Features: Ceiling Fan(s)
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-31-2024
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $1,535.00
  • Unit Actual Rent: $1,535.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $972.00
  • Unit Actual Rent: $972.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,341.00
  • Unit Actual Rent: $2,341.00
  • Unit Projected Rent: $.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $131,341.00
  • Assessed Improvement Percent: 25.0
  • Assessed Land Value: $394,048.00
  • Assessed Land Percent: 75
  • Assessed Total Value: $525,389.00

Property History for 3026 Folsom Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3026 Folsom Street

Taxable ValueLand$401,928Additions$133,967Total$535,895
Tax Record2023$6,709 ($559 / month)
Home Facts
Total Finished SqFt1,854 SqFtAbove Grade Finished SqFt1,854 SqFtLot Size7,350 SqFtStyleTriplexYear Built1953ZoningLAR2CountyLOS ANGELESAPN5178-020-036

Schools near 3026 Folsom Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - K to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Malabar Street Elementary School
PublicK to 6

Extera Public Schools
CharterK to 8

Theodore Roosevelt Senior High
Public9 to 12

Felicitas And Gonzalo Mendez High
Public9 to 12

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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3026 Folsom Street is a multi-family home for sale in Los Angeles, CA 90033. This property was listed for sale on July 31, 2024 by eXp Realty of California Inc, it's currently listed at $920,000. It has been on the market for a total of 51 days and was last sold on November 1, 2005. This listing's school district is Los Angeles Unified School District. Nearby schools include Malabar Street Elementary School, Extera Public Schools and Theodore Roosevelt Senior High. 3026 Folsom Street is a 5-bed, 3-bath, 1,854 sqft multi-family home built in 1953.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty of California Inc, Aris Anagnos, DRE #01926776; eXp Realty of California Inc, Jean Anagnos, DRE #01993397

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.