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2719 FolsomLos Angeles, CA 90033

For Sale

$1,169,000

Smart Buyer Rebate $11,690

*Seller 2nd Loan Financing negotiable *ASSUMABLE 2.7% INTEREST RATE FOR VA BUYERS, 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.)

Listed by JUSTIN CHU

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License #01900624

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CIRCA PROPERTIES, INC.

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626-321-3211

Last updated February 23, 2026

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Source: CRMLS #WS25234345

Listing Facts

  • TypeMulti-family
  • NeighborhoodBoyle Heights
  • Days on Prevu160

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

02/23/2026
Price Decreased
$1,169,000
11/06/2025
Price Decreased
$1,170,000
10/27/2025
Status changed to Active
$1,188,800
10/23/2025
Status changed to Removed from Feed
$1,188,800
10/22/2025
Price Decreased
$1,188,800
10/07/2025
Listed by CIRCA PROPERTIES, INC.
$1,218,800

Property Details for 2719 Folsom

Association

Amenities

  • Community Features: Sidewalks, Urban

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1924
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: East

Measurements

  • Building Area Total: 3,048
  • Building Area Units: Square Feet
  • Lot Features: Item25Units Acre
  • Lot Size Acres: 0.13
  • Lot Size Area: 5,851
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,851
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.6
  • Gross Income: $79,946.00
  • Operating Expense: $21,483.00

Taxes

  • Parcel Number: 5177030005

Other

Location

  • Tax Block: N
  • Tax Lot: 5

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 2719 Folsom.

How does 2719 Folsom compare to other multi-family homes in Boyle Heights?

This multi-family home is listed 4% below the average price for multi-family homes in Boyle Heights and has been on the market for 65 more days than the typical home in this area.

2719 Folsom is a -bedroom multi-family home for sale in Los Angeles CA 90033. Listed on Prevu for 160 days at $1,169,000. This includes a recent price decrease of $1,000. This home is located in Boyle Heights. The median listing price for multi-family homes in this area is $950,000. The home offers parking. Browse more multi-family home listings in Los Angeles.

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.