Los Angeles, CA 90033 2531 Folsom Street
$2,349,000
23 more
Presented By: Samuel Goh with Coldwell Banker New Century; 626-215-0744
- MLS# AR25154099
- 07/09/2025
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
Full/Half Baths • 12 / 4
SQFT • 5,490
Home Details
Great investment opportunity!! Built in 2023 newer 4 units, total of 12 bedrooms and 16 bathrooms in a great location! Very low-cost maintenance for the Landlord, 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 all utilities, 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 WallsTwoCommonWallsOrMore
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesAllBedroomsUp
Laundry FeaturesLaundryCloset
Total Stories1
Other Rooms
Entry Level1
General for 2531 Folsom Street
AccessibilityParking
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesUrban
CoolingCentralAir
CountyLos Angeles
DirectionsFwy 10 exit south to Soto St, left turn to Folsom
ElectricStandard
Entry Locationmain entrance
Garage Spaces0.0
Garage Y/NNo
Gross Income173040.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense2500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet7000.0
Lot Size UnitsSquareFeet
MLS AreaBOYH - Boyle Heights
MobileHomeRemainsYNNo
Net Operating Income169540.0
New ConstructionNo
Number Of Units Total4
Operating Expense3500.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count1
Tax Lot16
Tenant PaysCableTv, Electricity, Gas, Sewer, TrashCollection, Water
Trash Expense0.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
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
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Hal Schlegel
Broker Associate