3313 Folsom Street Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90063
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24187622
Bedrooms 9
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.
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 Los Angeles (90063)
Zoning Public Rec
Building
Lot Description Curbs,Sidewalks
Story 1
Others
Monthly Total Fees $238
Acceptable Financing Cash,Conventional
Space Rent $1,800
Listing Terms Cash,Conventional