2719-2721 Folsom Street, Los Angeles (Tenant Occupied 4plex) This premium multi-unit investment in the revitalizing East LA neighborhood offers immediate passive income with significant upside potential. Spanning approximately 3,048 sq ft, this well-maintained, four-unit property, built in 1924, is primed for strong returns. Stable Cash Flow: Currently delivering a 0.9% CoC, with a clear path to 5% through market-driven rental adjustments. Recent Upgrades: New roof (2024), remodeled bathroom in unit 2721.5 (2025), full remodel of unit 2719.5 (2021), and newer exterior paint reduces near-term capex risk. Flexible Leases: Month-to-month agreements allow quick alignment with market rents, maximizing income potential. Prime Location: Situated in a dynamic, up-and-coming neighborhood, this asset is well-positioned for long-term appreciation. Seize this opportunity to invest in a turnkey property with both stability and growth potential! PLEASE DO NOT DISTURB OCCUPANTS! Broker does not guarantee the accuracy of the information provided, including lot size, lot acreage, lot dimensions, square footage measurements, and/or permissibility to build. Buyer is advised to independently verify the accuracy of this information through personal inspection, building permits, and/or with appropriate professionals (i.e., attorney, appraiser, architect, contractor, surveyor, etc.)
Off market
$1,224,600
2719-2719 Folsom St, Los Angeles, CA 90033
6beds
3,048sqft
Quadruplex
Built in 1924
-- sqft lot
$1,224,600 Zestimate®
$402/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 02, 2025 at 06:38am
Source: CRMLS,MLS#: WS25229984
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
 - Bathrooms: 4
 - Full bathrooms: 4
 - Main level bathrooms: 4
 - Main level bedrooms: 6
 
Cooling
- Ductless
 
Appliances
- Laundry: None
 
Features
- All Bedrooms Down
 - Has fireplace: No
 - Fireplace features: None
 - Common walls with other units/homes: No Common Walls
 
Interior area
- Total interior livable area: 3,048 sqft
 
Property
Features
- Levels: One
 - Stories: 1
 - Entry location: South
 - Pool features: None
 - Has view: Yes
 - View description: None
 
Lot
- Size: 5,851 sqft
 - Features: 2-5 Units/Acre
 
Details
- Parcel number: 5177030005
 - Special conditions: Standard
 
Construction
Type & style
- Home type: MultiFamily
 - Property subtype: Quadruplex
 
Condition
- New construction: No
 - Year built: 1924
 
Utilities & green energy
- Sewer: Public Sewer
 - Water: Public
 
Community & neighborhood
Community
- Community features: Sidewalks
 
Location
- Region: Los Angeles
 
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Conventional
 
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Estimated market value
$1,224,600