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$1,170,000
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Property Description
*Seller 2nd Loan Financing negotiable *2.7% INTEREST RATE ASSUMABLE LOAN FOR VA BUYERS. 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.)
Full Property Details
Full Property Details for 2719 Folsom
General
- Price: $1,170,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: WS25234373
- Updated: 1/4/2026
- Days on Market: 102 days
- Added to Site: 102 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace: Yes
- Fireplace(s): Living Room
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Location
- County: Los Angeles
- Driving Directions: Cross St is Cesar Chavez
School Information
- School District: Los Angeles Unified
Community
- Community Features: Sidewalks, Urban
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Quadruplex
- Common Walls: No Common Walls
- Entry Location: E
- Stories/Levels: One
- Stories Description: One
- Square Feet: 3,048
- Sq. Ft. Source: Assessor
- Year Built: 1924
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.1343
- Lot Size (Sq. Ft.): 5,851
- Lot Size Source: Assessor
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $383.86
Disclosures and Reports
- Special Conditions: Standard
Listed by Circa Properties, Inc., JUSTIN CHU
Get Pre-Approved Today
Schools
Schools serving 2719 Folsom
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Evergreen Avenue Elementary School 2730 Ganahl Street, Los Angeles, CA 90033 | K-6 | 0.5 mi |
Belvedere Middle School 312 North Record Avenue, Los Angeles, CA 90063 | 6-8 | 1.3 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 0.7 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2719 Folsom
Date
Details
Price
Change
Source
12/01/2025
Price Reduced
$1,170,000
-1.58%
MLS
10/20/2025
Price Reduced
$1,188,800
-2.46%
MLS
10/07/2025
Listed
$1,218,800
28.29%
MLS
8/30/2021
Sold
$950,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2719 Folsom
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,473
1%
$1,008,607
2%
2024
$10,359
-15%
$988,840
2%
2023
$12,160
5%
$969,460
2%
2022
$11,602
47%
$950,460
51%
2021
$7,895
-1%
$629,105
1%
2020
$7,970
4%
$622,660
2%
2019
$7,666
115%
$610,000
124%
2018
$3,569
2%
$272,639
2%
2017
$3,493
3%
$267,294
2%
2016
$3,382
1%
$262,054
2%
2015
$3,336
-1%
$258,119
2%
2014
$3,371
—
$253,063
—
2013
$3,371
—
$251,920
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2719 Folsom
2719 Folsom, Los Angeles, CA 90033 (MLS# WS25234373) is a Multi-Family property with units containing 6 bedrooms and 4 full bathrooms. 2719 Folsom is currently listed for $1,170,000 and was received on October 07, 2025. Want to learn more about 2719 Folsom? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

