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$1,750,000

Est. payment - /mo

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3,772 SqFt

Active

3313 Folsom ST Los Angeles, CA 90063

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 06:16 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,772 sqft

Price per Sqft $463

MLS Listing ID DW24187622

HOA Y/N No

Year Built 1910

Lot Size 0.264 Acres

Property Description

Attention! Great investment opportunity in the up and coming neighborhood of Boyle Heights. With an attractive 5.9 cap rate, this property offers immediate positive cash flow. Property sits on an 11,491 square foot lot and has so much to offer. 5 separate units, each with their own gas and electric meters. 2 separate parking lots with plenty of parking and entrances through 2 different streets, a very low vacancy. 12 bedrooms and 8 bathrooms. This property would be a great addition to your portfolio. Owner is willing to carry with an acceptable offer.

Location

State CA

County Los Angeles

Area Boyh - Boyle Heights

Zoning LCR2*

Rooms

Ensuite Laundry None

Interior

Laundry Location None

Heating Floor Furnace

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage On Site

Pool None

Community Features Curbs, Mountainous, Storm Drain(s), Street Lights, Sidewalks

Utilities Available Electricity Available, Natural Gas Connected, Sewer Connected

Parking Type On Site

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 5231025012

Acceptable Financing Cash, Cash to New Loan, Conventional, Owner Will Carry

Listing Terms Cash, Cash to New Loan, Conventional, Owner Will Carry

Special Listing Condition Standard

Listed by Carlos Barillas • United Real Estate Pacific States • 562-201-7660

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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