Los Angeles, CA 90033 2531 Folsom Street
$2,390,000
10 more
Presented By: Samuel Goh with Coldwell Banker New Century; 626-215-0744
- MLS# AR25061195
- 03/24/2025
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 12
Baths • 12
SQFT • 5,490
Home Details
Great investment opportunity!! Newer 4 units, total of 12 bedrooms and 16 bathrooms in a great location! Low-cost maintenance with upgraded features. Two separate dwelling with two units each. Each unit has its own laundry area and central HVAC, each bedroom has its own full bath and separate meters for every unit. Solar system, Star energy efficiency, tankless water heater, front and back automatic gates, security camera, earthquake auto shut off etc... Perfectly positioned near East LA, USC medical Center, Cal-State LA, Los Angeles Downtown and easy access to major freeways. Don't miss out !!
Presented By: Samuel Goh with Coldwell Banker New Century; 626-215-0744
Interior Features for 2531 Folsom Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Interior AmenitiesAllBedroomsUp
Laundry FeaturesLaundryCloset
Total Stories2
Other Rooms
Entry Level1
General for 2531 Folsom Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesSidewalks
CoolingCentralAir
CountyLos Angeles
DirectionsFwy 10 exit south to Soto St, left turn to Folsom.
ElectricStandard
Electric On Property Y/NNo
Entry Locationfront
Garage Spaces0.0
Garage Y/NNo
Gross Income0.0
HOANo
HOA Fee$0.0
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2400.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet7000.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased1
Open Parking Spaces8.0
Operating Expense0.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Security FeaturesCarbonMonoxideDetectors, FireSprinklerSystem, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot16
Tenant PaysElectricity, Gas, TrashCollection, Water
Total Actual Rent13180.0
Trash Expense0.0
ViewCityLights
Year Built2023
Year Built SourcePublicRecords
ZoningLARD1.5
Exterior for 2531 Folsom Street
Building Area Total5490.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesFrontYard
Lot Size Acres0.1607
Lot Size Area7000.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters4
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking8.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate