$2,390,000

2531 Folsom St Los Angeles, CA 90033

$10,000
Closing credit¹
0.2 acres
Multi-Family

Property details

About 2531 Folsom St

Great investment opportunity!! Newer 4 units, total of 12 bedrooms and 16 bathrooms in a great location! Low-cost maintenance with upgraded features. Two separate dwelling with two units each. Each unit has its own laundry area and central HVAC, each bedroom has its own full bath and separate meters for every unit. Solar system, Star energy efficiency, tankless water heater, front and back automatic gates, security camera, earthquake auto shut off etc... Perfectly positioned near East LA, USC medical Center, Cal-State LA, Los Angeles Downtown and easy access to major freeways. Don't miss out !!

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1607 Acres
Year built2023
ParkingAssigned
MLS #AR25061195
ViewCity Lights

Summary

  • MLS Number: AR25061195
  • MLS Name: CRMLS
  • Office Name: Coldwell Banker New Century
  • Office Phone: (626) 215-0744
  • Listing Agent: Samuel Goh

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/14/2025, 4:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

exterior space with a fenced front yard

$2,390,000

2531 Folsom St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 28, 2023
Home Sold
$2,118,000
Jul 23, 2021
Home Sold
$435,000

Tax history

YearAssessmentProperty Tax
2024$2,118,000$26,079
2023$642,600$8,016
2022$435,000$5,373
2021$39,347$673
2020$38,945$656
2019$38,183$587
2018$37,436$573
2017$36,702$573

History based on county public records data.

Nearby schools

4

Sheridan Street Elementary School

Public District PK-6

0.3 mi

416 Cornwell St

6

1st Street Elementary

Public District PK-6

0.5 mi

2820 E 1st St

5

Evergreen Elementary School

Public District KG-6

0.5 mi

2730 Ganahl St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,015. The majority of Los Angeles, CA residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

45%
<35k
45%
35k-100k
8%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

30%
Single, No Kids
28%
Single, with Kids
13%
Married, No Kids
29%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

20%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
32%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • Boston MarketBoston Market

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • HondaHonda

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2531 Folsom St in Los Angeles, CA and zip code 90033 in the Boyle Heights neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $2,390,000.

Over 302 listings were sold over their listed price in March 2025 in Los Angeles, CA. In the same period over 322 listings were sold below the listed price and 116 listings were sold for the listed price. Between February and March 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 13.7%. In March 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $940,937.

From Rocket Homes Real Estate and based on county public records data.

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