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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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2719 Folsom Street, Los Angeles – $1,248,800

  • 6 Beds
  • 6 Baths
  • .13 Acres
  • 15 DOM
  • 6 Beds
  • 6 Baths
  • .13 Acres
  • 15 DOM

2719 Folsom Street

2719-2721 Folsom Street, Los Angeles (Tenant Occupied 4plex) This premium multi-unit investment in the revitalizing East LA neighborhood offers immediate passive income with significant upside potential. Spanning approximately 3,048 sq ft, this well-maintained, four-unit property, built in 1924, is primed for strong returns. Stable Cash Flow: Currently delivering a 0.9% CoC, with a clear path to 5% through market-driven rental adjustments. Recent Upgrades: New roof (2024), remodeled bathroom in unit 2721.5 (2025), full remodel of unit 2719.5 (2021), and newer exterior paint reduces near-term capex risk. Flexible Leases: Month-to-month agreements allow quick alignment with market rents, maximizing income potential. Prime Location: Situated in a dynamic, up-and-coming neighborhood, this asset is well-positioned for long-term appreciation. Seize this opportunity to invest in a turnkey property with both stability and growth potential! PLEASE DO NOT DISTURB OCCUPANTS! Broker does not guarantee the accuracy of the information provided, including lot size, lot acreage, lot dimensions, square footage measurements, and/or permissibility to build. Buyer is advised to independently verify the accuracy of this information through personal inspection, building permits, and/or with appropriate professionals (i.e., attorney, appraiser, architect, contractor, surveyor, etc.)

Essential Information

  • MLS® #WS25199372
  • Price$1,248,800
  • Bedrooms6
  • Bathrooms6.00
  • Acres0.13
  • Year Built1924
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StatusActive

Community Information

  • Address2719 Folsom Street
  • AreaBOYH - Boyle Heights
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90033

Amenities

  • PoolNone

Interior

  • # of Stories1

Exterior

  • Lot DescriptionTwoToFiveUnitsAcre

Additional Information

  • Date ListedSeptember 4th, 2025
  • Days on Market15
  • ZoningLAR2

Listing Details

  • AgentJustin Chu
  • OfficeCIRCA PROPERTIES, INC.
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Price Change History for 2719 Folsom Street, Los Angeles, (MLS® #WS25199372)

Date Details Change
Price Reduced from $12,488,000 to $1,248,800 $11,239,200 (90.00%)

Justin Chu, CIRCA PROPERTIES, INC..

Based on information from California Regional Multiple Listing Service, Inc. as of September 19th, 2025 at 1:56pm PDT. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.