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3339 Folsom St
Los Angeles, CA 90063
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Strong in-place cash flow with ~50% upside in rents still available
- (1) 1 Bed | 1 Bath, (5) 2 bed | 1 Bath
- Nearby USC School of Medicine and USC University Hospital
- Preliminary plans to convert storage to ADU’s, an immediate value add
- Additional Passive Income Generated from Storage Unit
- Prime East Los Angeles (Unincorporated LA County) Location Adjacent to Boyle Heights and Within Close Proximity to E. Cesar Chavez Boulevard
Property Facts
| No. Units | 6 | Lot Size | 0.25 AC |
| Property Type | Multifamily | Building Size | 5,030 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1924 |
| Building Class | C | ||
| Zoning | LCR2* | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 5,030 SF |
| No. Stories | 1 |
| Year Built | 1924 |
| Zoning | LCR2* |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 5 | - | - |
Property Taxes
| Parcel Number | 5231-025-006 | Improvements Assessment | $490,341 |
| Land Assessment | $765,278 | Total Assessment | $1,255,619 |
Property Taxes
Parcel Number
5231-025-006
Land Assessment
$765,278
Improvements Assessment
$490,341
Total Assessment
$1,255,619
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