3339 Folsom Street Los Angeles, CA ^$ 1,375,000

3339 Folsom Street

^$ 1,375,000

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Recently Listed

3339 Folsom Street

Los Angeles, CA, 90063

^$ 1,375,000

Bedrooms11 Baths6.0 Sq 5,030

Monthly Estimate*

^$ 9,605

Listed by CBRE

3339 Folsom Street, Los Angeles, CA 90063 - Image 1

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3339 Folsom Street, Los Angeles, CA 90063 - Image 8

3339 Folsom Street, Los Angeles, CA 90063 - Image 9

3339 Folsom Street, Los Angeles, CA 90063 - Image 10

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Multi-Family Home for sale in Los Angeles, CA

for $1,375,000 with 11 bedrooms and 6 full baths. This 5,030 square foot home was built in 1924 on a lot size of 0.2548.

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.

Multi-Family Active

Price

^$ 1,375,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.2548

Year Built

1924

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

24385715

Days on Market

Features

General

Heating WallFurnace

Cooling WallWindowUnits

Zoning LCR2*

Architectural Style Other

Pool Features None

Year Built 1924

View None

Levels MultiSplit

Gross Income 110556.0

County Los Angeles

Net Operating Income 72489.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions On Folsom and off of N Indiana St

City Los Angeles

View Y/N N

Senior Community Y/N N

Total Units 6

MLS Area ELA - East Los Angeles

Lot Size Square Feet 11101.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Folsom

Spa Features None

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 8

Standard Status Active

Exterior

Parking Features None

Total Parking 0.0

Lot Size Area 11101.0

Number of Buildings 5

Spa N

Building Area Total 5030.0

Lot Size Acres 0.2548

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Fireplace Features None

Total Stories 0

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Full Baths 0

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Street Suffix Street

Laundry Features SeeRemarks

Total Bedrooms 11

Electric On Property Y/N N

Total Baths 6

Internal Only

Street Number 1 3339

* Excluded Features

List By

Cbre

Broker

John.Boyett@cbre.com

Affordability Calculator

$9,605

Per Month

Monthly Principal & Interest: $9,605
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$2,243,444

Percent of Sale Price 63%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/2/2024	$1,375,000		Listed Price

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3339 Folsom Street, Los Angeles, CA, 90063 is a Multi-Family Home for sale at $1,375,000 with 5,030 sqft and a lot size of 0.2548. 3339 Folsom Street has 11 bedrooms, 6.0 baths, and was built in 1924. The property's zip code is 90063 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3339 Folsom Street

Multi-Family Home for sale in Los Angeles, CA

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