$799,000

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

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: 3/2/2025, 4:20:57 PM 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

view of bungalow-style house

$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

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $45,446. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is married, with kids. Typical level of education for residents 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 SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

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

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Jack In The BoxJack In The Box
  • PopeyesPopeyes

What do the neighbors drive?

  • DodgeDodge
  • NissanNissan
  • KiaKia

What do the neighbors listen to?

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

Similar homes for sale

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. In February 2025 in Los Angeles, CA there were 10.8% more homes for sale than in January. 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.

More resources