Stacey Alysson Melman

2719 Folsom Los Angeles CA 90033 MLS #WS25234345

There are multiple listings for this address:
2719 Folsom
Los Angeles, CA, 90033
$1,169,000
Beds
0 Baths
0 SqFt
0.13 Acres
Add
MLS #WS25234345 image #0
*Seller 2nd Loan Financing negotiable *ASSUMABLE 2.7% INTEREST RATE FOR VA BUYERS, 2719-2721 Folsom Street, Los Angeles (Tenant Occupied 4plex) This premium multi-unit investment in the revitalizing East LA neighborhood offers immediate passive income with significant upside potential. Spanning approximately 3,048 sq ft, this well-maintained, four-unit property, built in 1924, is primed for strong returns. Stable Cash Flow: Currently delivering a 0.9% CoC, with a clear path to 5% through market-driven rental adjustments. Recent Upgrades: New roof (2024), remodeled bathroom in unit 2721.5 (2025), full remodel of unit 2719.5 (2021), and newer exterior paint reduces near-term capex risk. Flexible Leases: Month-to-month agreements allow quick alignment with market rents, maximizing income potential. Prime Location: Situated in a dynamic, up-and-coming neighborhood, this asset is well-positioned for long-term appreciation. Seize this opportunity to invest in a turnkey property with both stability and growth potential! PLEASE DO NOT DISTURB OCCUPANTS! Broker does not guarantee the accuracy of the information provided, including lot size, lot acreage, lot dimensions, square footage measurements, and/or permissibility to build. Buyer is advised to independently verify the accuracy of this information through personal inspection, building permits, and/or with appropriate professionals (i.e., attorney, appraiser, architect, contractor, surveyor, etc.)
AGENT: JUSTIN CHU
LISTING BROKERAGE: CIRCA PROPERTIES, INC.
2719 Folsom
Los Angeles, CA

Property Details

Price:
$1,169,000
MLS #:
WS25234345
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
boyhboyleheights
Listed Date:
Oct 7, 2025
Total Sq Ft:
3,048
Lot Size:
5,851 sqft / 0.13 acres (approx)
Year Built:
1924
Boyh – Boyle HeightsBoyhboyleheights
Ask a Question

See this Listing

Send
  

Schools

Interior

Laundry Features
NO
Levels
A

Exterior

Common Walls
NCW
Community Features
SDW, URB

Financial

Net Operating Income
$56,065

Map

Community

Similar Listings Nearby

broker reciprocity
MLS# MB26052409broker reciprocity
3408 N Figueroa ST
Glassell Park, CA

$1,500,000

2.6 miles away

broker reciprocity
MLS# 26644551broker reciprocity
313 E 36th ST
Los Angeles, CA

$1,500,000

4.1 miles away

broker reciprocity
MLS# WS26014826broker reciprocity
1147 Fedora ST
Los Angeles, CA

$1,500,000

5.0 miles away

broker reciprocity
MLS# AR26014659broker reciprocity
436 S Soto
Los Angeles, CA

$1,500,000

0.8 miles away

broker reciprocity
MLS# SR25266752broker reciprocity
2125 Cove AV
Los Angeles, CA

$1,500,000

3.9 miles away

broker reciprocity
MLS# HD25249253broker reciprocity
1211 Elden Ave.
Los Angeles, CA

$1,500,000

4.4 miles away

broker reciprocity
MLS# TR25171507broker reciprocity
1420 W 22nd ST
Los Angeles, CA

$1,500,000

4.6 miles away

broker reciprocity
MLS# WS25144262broker reciprocity
2132 Lincoln Park AV
Lincoln Heights, CA

$1,500,000

1.5 miles away

broker reciprocity
MLS# 22223784broker reciprocity
1804 Echo Park AV
Los Angeles, CA

$1,500,000

3.4 miles away

broker reciprocity
MLS# 26689519broker reciprocity
3223 Perlita AV
Atwater, CA

$1,499,999

5.0 miles away

2719 Folsom
Los Angeles, CA, 90033
$1,169,000
6 Beds
4 Baths
3,048 SqFt
0.13 Acres
Add
MLS #WS25234373 image #0
*Seller 2nd Loan Financing negotiable *ASSUMABLE 2.7% INTEREST RATE FOR VA BUYERS, 2719-2721 Folsom Street, Los Angeles (Tenant Occupied 4plex) This premium multi-unit investment in the revitalizing East LA neighborhood offers immediate passive income with significant upside potential. Spanning approximately 3,048 sq ft, this well-maintained, four-unit property, built in 1924, is primed for strong returns. Stable Cash Flow: Currently delivering a 0.9% CoC, with a clear path to 5% through market-driven rental adjustments. Recent Upgrades: New roof (2024), remodeled bathroom in unit 2721.5 (2025), full remodel of unit 2719.5 (2021), and newer exterior paint reduces near-term capex risk. Flexible Leases: Month-to-month agreements allow quick alignment with market rents, maximizing income potential. Prime Location: Situated in a dynamic, up-and-coming neighborhood, this asset is well-positioned for long-term appreciation. Seize this opportunity to invest in a turnkey property with both stability and growth potential! PLEASE DO NOT DISTURB OCCUPANTS! Broker does not guarantee the accuracy of the information provided, including lot size, lot acreage, lot dimensions, square footage measurements, and/or permissibility to build. Buyer is advised to independently verify the accuracy of this information through personal inspection, building permits, and/or with appropriate professionals (i.e., attorney, appraiser, architect, contractor, surveyor, etc.)
AGENT: JUSTIN CHU
LISTING BROKERAGE: CIRCA PROPERTIES, INC.
2719 Folsom
Los Angeles, CA

Property Details

Price:
$1,169,000
MLS #:
WS25234373
Status:
Active
Beds:
6
Baths:
4
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
boyhboyleheights
Listed Date:
Oct 7, 2025
Finished Sq Ft:
3,048
Total Sq Ft:
3,048
Lot Size:
5,851 sqft / 0.13 acres (approx)
Year Built:
1924
Boyh – Boyle HeightsBoyhboyleheights
Ask a Question

See this Listing

Send
  

Schools

Interior

Laundry Features
NO
Levels
A

Exterior

Common Walls
NCW
Community Features
SDW, URB

Financial

Net Operating Income
$56,065

Map

Community

Similar Listings Nearby

broker reciprocity
MLS# MB26052409broker reciprocity
3408 N Figueroa ST
Glassell Park, CA

$1,500,000

2.9 miles away

broker reciprocity
MLS# 26644551broker reciprocity
313 E 36th ST
Los Angeles, CA

$1,500,000

4.4 miles away

broker reciprocity
MLS# AR26014659broker reciprocity
436 S Soto
Los Angeles, CA

$1,500,000

0.8 miles away

broker reciprocity
MLS# SR25266752broker reciprocity
2125 Cove AV
Los Angeles, CA

$1,500,000

4.4 miles away

broker reciprocity
MLS# HD25249253broker reciprocity
1211 Elden Ave.
Los Angeles, CA

$1,500,000

4.9 miles away

broker reciprocity
MLS# WS25144262broker reciprocity
2132 Lincoln Park AV
Lincoln Heights, CA

$1,500,000

1.6 miles away

broker reciprocity
MLS# 22223784broker reciprocity
1804 Echo Park AV
Los Angeles, CA

$1,500,000

3.9 miles away

broker reciprocity
MLS# CV24144454broker reciprocity
2021 Miramar ST
Los Angeles, CA

$1,499,999

4.1 miles away

broker reciprocity
MLS# OC26027868broker reciprocity
1056 N Joels PL
Los Angeles, CA

$1,499,988

3.0 miles away

broker reciprocity
MLS# SR26086490broker reciprocity
2530 Ganahl
Los Angeles, CA

$1,499,900

0.4 miles away