$10,000 Closing Credit¹
#PW25109397, Steven Gray, Listing office: eXp Realty of Greater Los Angeles
#AR25061195·
Listing office: Coldwell Banker New Century·
Listing agent: Samuel Goh·
Listing office phone: 626-215-0744
$2,390,000 List price
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
- Flooring Type: Laminate
- Interior: All Bedrooms Up
- Fireplace: None
- Private Pool: No
- Parking: Assigned
- View: City Lights
- Heating: Central
- Cooling: Central Air
- List Price: $2,390,000
- HOA Amount: $0
- Annual Tax Amount: $26,079
- Tax Year: 2024
- Lot: Front Yard
- Directions: Fwy 10 exit south to Soto St, left turn to Folsom.
- Year Built: 2023
- Stories: 2
- Lot Size: 0.1607 Acres
- MLS Number: AR25061195
- MLS Name: CRMLS
- Office Name: Coldwell Banker New Century
- Office Phone: (626) 215-0744
- Listing Agent: Samuel Goh
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: 6/5/2025, 9:45:49 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
$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
| Date | Event | Price |
|---|---|---|
| Nov 28, 2023 | Home Sold | $2,118,000 |
| Jul 23, 2021 | Home Sold | $435,000 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $39,015. Residents of Los Angeles, CA typically earn less than $<35k each year. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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 Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 2531 Folsom St
The listing price of 2531 Folsom St property is $2,390,000.
The property 2531 Folsom St is a multi located in Los Angeles, California, 90033.
Active Listing: 2531 Folsom St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2531 Folsom St are: Sheridan Street Elementary School (GreatSchools Rating 4/10), 1st Street Elementary (GreatSchools Rating 6/10), Evergreen Elementary School (GreatSchools Rating 5/10), Extera Public (GreatSchools Rating 3/10), Hollenbeck Middle School (GreatSchools Rating 5/10), Kipp los Angeles College Preparatory (GreatSchools Rating 8/10), Francisco Bravo Medical Magnet High School (GreatSchools Rating 10/10), Theodore Roosevelt High School (GreatSchools Rating 5/10), Math, Science, & Technology Magnet Academy at Roosevelt High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $26,079 (source: MLS/based on county public records data).
The last sale was on November 28, 2023 for $2,118,000 (source: MLS/tax record).
The year of construction for 2531 Folsom St is 2023.
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.
In May 2025 more than 325 listings in Los Angeles, CA were sold above the asking price. During the same period more than 134 listings were sold at asking price, while more than 319 were sold below. The inventory of homes for sale in Los Angeles, CA between April and May 2025 increased by 8.7%. In May 2025, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $871,794.
From Rocket Homes Real Estate and based on county public records data.