$9,500 Closing Credit¹
#MB25019785, MARIA MARIN, Listing Office: GBCASAS-REAL ESTATE EXPERTS
#SB25010024·
Listing Office: Home Team Realty·
Listing Agent: Chen Wen Wu·
Listing Office Phone: 3102188622
$799,000 List price
2809 Folsom St Los Angeles, CA 90033
$9,488
Closing credit¹
0.1 acres
Multi-Family
Property details
About 2809 Folsom St
*** PRIME INVESTMENT OPPORTUNITY IN BOYLE HEIGHTS *** Located near Downtown Los Angeles in the vibrant Boyle Heights neighborhood, this freshly painted triplex features two buildings on a spacious lot with RD1.5 zoning, offering exceptional potential for investors or homeowners. The front duplex includes two units, each with 2 bedrooms and 1 bathroom. The back single-family home features 3 bedrooms, 1 bathroom, a private backyard, and a garage with the potential to be converted into an ADU. 1 front unit and back single-family home are both currently occupied by Section 8 tenants. A long driveway offers ample multi-vehicle parking, adding to the property's convenience and functionality. Conveniently located near major freeways, public transportation, and shopping, this property offers both comfort and accessibility. With rents currently below market, this property presents significant upside for increased income or redevelopment. Its ideal location and flexible possibilities make it a standout opportunity in one of LA’s most dynamic areas. Don't miss the chance to unlock the potential of this versatile property! Buyer to assist with 1031 Exchange. Drive by only, subject to inspection.
Highlights
Home typeTriplex
StatusActive
Lot size0.1342 Acres
Year built1922
MLS #SB25010024
Garage1 space
Summary
- MLS Number: SB25010024
- MLS Name: CRMLS
- Office Name: Home Team Realty
- Office Phone: (310) 218-8622
- Listing Agent: Chen Wen Wu
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: 3/15/2025, 12:20:54 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
$799,000
2809 Folsom St
$9,488
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 22, 2016 | Home Sold | $475,000 |
| Sep 30, 2002 | Home Sold | $224,000 |
| Mar 06, 1997 | Home Sold | $120,000 |
| Feb 14, 1991 | Home Sold | $227,000 |
| Mar 22, 1989 | Home Sold | $190,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $715,240 | $9,054 |
| 2023 | $701,217 | $8,884 |
| 2022 | $687,469 | $8,479 |
| 2021 | $673,990 | $8,368 |
| 2020 | $667,080 | $8,123 |
| 2019 | $654,000 | $6,237 |
| 2018 | $494,190 | $6,103 |
| 2017 | $484,500 | $6,103 |
History based on county public records data.
Nearby schools
6
Malabar Street Elementary
Public District KG-6
0.4 mi
•3200 Malabar St
6
1st Street Elementary
Public District PK-6
0.4 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 $45,446. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
41%
<35k
46%
35k-100k
11%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
29%
Single, No Kids
20%
Single, with Kids
18%
Married, No Kids
33%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Major League Soccer (MLS)
Pro Boxing
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Popeyes
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 2809 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 January 20, 2025 and is currently priced at $799,000.
Over 212 listings were sold over their listed price in February 2025 in Los Angeles, CA. In the same period over 280 listings were sold below the listed price and 105 listings were sold for the listed price. The number of homes for sale in Los Angeles, CA increased by 10.8% between January and February 2025. While the average time on the market in February 2025 was 44 days, the median list price was $989,396.
From Rocket Homes Real Estate and based on county public records data.