3313 Folsom Street
Los Angeles, CA 90063
0.26 acres | #DW24187622
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.
Property Details
- Lot DescriptionItem25UnitsAcre
- Stories1
Measurements
- Acres0.2639
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1910
Utilities / Energy Details
- Utility FeaturesElectricityAvailable, NaturalGasConnected, SewerConnected
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$1,750,000
Other
- MLS #DW24187622
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Carlos Barillas (#DWBARCAR)
Listing Office: United Real Estate Pacific States (#YPSR)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.