3339 Folsom Street Los Angeles, CA 90063
CBRE is pleased to exclusively offer for sale 3339 Folsom Street, a charming, well-maintained, pride of ownership six-unit apartment building built in 1924. The property boasts a favorable unit mix of one (1) one-bedroom one-bathroom unit, and five (5) two-bedroom one-bathroom units. 3339 Folsom Street, is a prime investment opportunity within a highly desired neighborhood. This is a premium investment opportunity located in the highly sought-after unincorporated county of Los Angeles. The property nestled in a small pocket next to Boyle Heights also has the potential to add an ADU with preliminary plans already in place(Buyer to Verify). There is also 50% upside potential with the current rents in place. The property boasts favorable CapEx improvements such as new roofs, gutters, repiping to copper, and new sewer lines. With both 50% upside in rental potential as well as preliminary plans for ADU in place, there is tons of upside for a potential buyer.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyLos Angeles
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site17 Days
- MLS StatusActive
- MLS ID Number24385715
- Home Size Source N/A
- Year Built1924
- Lot Size0.2548 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style See Remarks
- Parking None
- Parking Spaces 0
- Number of Stories Multi/Split0
- Acreage 0.2548
- Zoning LCR2*
- Listing Conditions Standard
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Wall Furnace
- Fireplace Features None
- Laundry Features See Remarks
- Fireplace No
Exterior Features
- View None
- Spa No
- Pool Features None
- Spa Features None
Community Features
- Senior Community No
- MLS Area ELA - East Los Angeles