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2514 Folsom Street

Los Angeles, CA 90033
  • $949,900
  • STATUS: ACTIVE
  • ON SITE: 66 Days
  • ID#: CV23006500
Price Reduced
UPDATED: 68 min ago
$949,900
  • 7
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

PRICE IMPROVEMENT! Excellent investor opportunity located in the Boyle Heights area of East Los Angeles. This is a two building triplex with very spacious units, the first unit 2516 features two bedrooms, one bathroom, living room with fireplace, kitchen, dining room, and two additional small bedrooms built to accommodate family, plus a small unit with two bedrooms, kitchen, bathroom, shower and laundry room with back access. The upstairs unit 2514 features 3 bedrooms, one bathroom, living room with balcony, kitchen, dining room, laundry room and breakfast nook, currently being used as pantry and storage, the back unit 2514 1/2 is a stand alone, single story unit with 3 bedrooms, one bathroom, kitchen, dining area, laundry room, front porch and front and back access. There is a patio area in between the front and back units for common use. Each unit has its own laundry room with washer and dryer hookups but some tenants are using them as storage room. This property is centrally located close to schools, medical facilities, shopping and dining, close proximity to freeways and just a quick drive to Downtown LA. Don't miss this great opportunity, come see for yourself! PRICE IMPROVEMENT! Excellent investor opportunity located in the Boyle Heights area of East Los Angeles. This is a two building triplex with very spacious units, the first unit 2516 features two bedrooms, one bathroom, living room with fireplace, kitchen, dining room, and two additional small bedrooms built to accommodate family, plus a small unit with two bedrooms, kitchen, bathroom, shower and laundry room with back access. The upstairs unit 2514 features 3 bedrooms, one bathroom, living room with balcony, kitchen, dining room, laundry room and breakfast nook, currently being used as pantry and storage, the back unit 2514 1/2 is a stand alone, single story unit with 3 bedrooms, one bathroom, kitchen, dining area, laundry room, front porch and front and back access. There is a patio area in between the front and back units for common use. Each unit has its own laundry room with washer and dryer hookups but some tenants are using them as storage room. This property is centrally located close to schools, medical facilities, shopping and dining, close proximity to freeways and just a quick drive to Downtown LA. Don't miss this great opportunity, come see for yourself!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.sandiegoareahomesforsale.co/homes/136024701
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2514 Folsom Street Los Angeles, CA 90033

  • Price: $949,900
  • Status: ACTIVE
  • On Site: 66 Days
  • Updated: 68 min ago
  • ID#: CV23006500
7
Beds
0
Baths
0
½ Baths
0.11
Acres
Neighborhood:
Boyle Heights
County:
Los Angeles
Area:
Los Angeles (90033)
Property Description
PRICE IMPROVEMENT! Excellent investor opportunity located in the Boyle Heights area of East Los Angeles. This is a two building triplex with very spacious units, the first unit 2516 features two bedrooms, one bathroom, living room with fireplace, kitchen, dining room, and two additional small bedrooms built to accommodate family, plus a small unit with two bedrooms, kitchen, bathroom, shower and laundry room with back access. The upstairs unit 2514 features 3 bedrooms, one bathroom, living room with balcony, kitchen, dining room, laundry room and breakfast nook, currently being used as pantry and storage, the back unit 2514 1/2 is a stand alone, single story unit with 3 bedrooms, one bathroom, kitchen, dining area, laundry room, front porch and front and back access. There is a patio area in between the front and back units for common use. Each unit has its own laundry room with washer and dryer hookups but some tenants are using them as storage room. This property is centrally located close to schools, medical facilities, shopping and dining, close proximity to freeways and just a quick drive to Downtown LA. Don't miss this great opportunity, come see for yourself! PRICE IMPROVEMENT! Excellent investor opportunity located in the Boyle Heights area of East Los Angeles. This is a two building triplex with very spacious units, the first unit 2516 features two bedrooms, one bathroom, living room with fireplace, kitchen, dining room, and two additional small bedrooms built to accommodate family, plus a small unit with two bedrooms, kitchen, bathroom, shower and laundry room with back access. The upstairs unit 2514 features 3 bedrooms, one bathroom, living room with balcony, kitchen, dining room, laundry room and breakfast nook, currently being used as pantry and storage, the back unit 2514 1/2 is a stand alone, single story unit with 3 bedrooms, one bathroom, kitchen, dining area, laundry room, front porch and front and back access. There is a patio area in between the front and back units for common use. Each unit has its own laundry room with washer and dryer hookups but some tenants are using them as storage room. This property is centrally located close to schools, medical facilities, shopping and dining, close proximity to freeways and just a quick drive to Downtown LA. Don't miss this great opportunity, come see for yourself!
Exterior Features

Pool N/K Site CurbsSidewalks Spa N/K Units With Patios 1

Interior Features

Cooling Wall/Window Heat Equipment Fireplace Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 1 Units With Cooling 2 Units With Range Oven 1 Units With Refrigerators 1 Units With Washers 0

Property Features

Annual Expense Actual 782 Buildings 2 Cfd Mello Roos Fee 474.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 42600 Home Owners Fees 0.0 Monthly Total Fees 39 Possession Close Of Escrow Security Security Bars Tenant Pays Cable TvElectricityGas/Propane Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit Number For Unit3 3 Unit1 Rent Actual 1000.0 Unit2 Rent Actual 1150.0 Unit3 Rent Actual 1400.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of First Team Real Estate: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Steven G. Fraioli & Associates
13176 Midbluff Ave
San Diego CA, 92128