3313 Folsom ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90063
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24187622
Year Built 1910
Lot Size 0.264 Acres
Property Description
Attention! Great investment opportunity in the up and coming neighborhood of Boyle Heights. With an attractive 5.9 cap rate, this property offers immediate positive cash flow. Property sits on an 11,491 square foot lot and has so much to offer. 5 separate units, each with their own gas and electric meters. 2 separate parking lots with plenty of parking and entrances through 2 different streets, a very low vacancy. 12 bedrooms and 8 bathrooms. This property would be a great addition to your portfolio. Owner is willing to carry with an acceptable offer.
Location
State CA
County Los Angeles
Area Boyh - Boyle Heights
Zoning LCR2*
Interior
Heating Floor Furnace
Fireplaces Type None
Laundry None
Exterior
Garage On Site
Pool None
Community Features Curbs,Mountainous,Storm Drain(s),Street Lights,Sidewalks
Utilities Available Electricity Available,Natural Gas Connected,Sewer Connected
Building
Lot Description 2-5 Units/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,Owner Will Carry
Listing Terms Cash,Cash to New Loan,Conventional,Owner Will Carry
Special Listing Condition Standard