Listing provided courtesy of John Boyett of CBRE. Last updated 2024-05-18 08:11:45.000000. Listing information © 2023 CRMLS.

Asking Price: $1,375,000

3339 Folsom, Los Angeles CA 90063

Community: ​ELA - East Los Angeles

Status: Active


This property was built in 1924 and is priced at $1,375,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 372715246
  • Type:
  • Year Built: 1924
CBRE is pleased to exclusively offer for sale 3339 Folsom Street, a charming, well-maintained, pride of ownership six-unit apartment building built in 1924. The property boasts a favorable unit mix of one (1) one-bedroom one-bathroom unit, and five (5) two-bedroom one-bathroom units. 3339 Folsom Street, is a prime investment opportunity within a highly desired neighborhood. This is a premium investment opportunity located in the highly sought-after unincorporated county of Los Angeles. The property nestled in a small pocket next to Boyle Heights also has the potential to add an ADU with preliminary plans already in place(Buyer to Verify). There is also 50% upside potential with the current rents in place. The property boasts favorable CapEx improvements such as new roofs, gutters, repiping to copper, and new sewer lines. With both 50% upside in rental potential as well as preliminary plans for ADU in place, there is tons of upside for a potential buyer.

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600