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$748,888
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Property Description
PRIME INVESTMENT IN BOYLE HEIGHTS WITH VALUE ADD OPPORTUNITY.
Here's a great chance to own a triplex in the heart of Boyle Heights. This property sits on an RD1.5 lot and offers both immediate income and long-term potential. The front duplex has two units with 2 bedrooms and 1 bath each, while the back house features 3 bedrooms, 1 bath, a private yard, and a garage with ADU possibilities.
All units are occupied with long term tenants with rents still well below market-leaving plenty of room for upside. A long driveway allows for multiple cars, and the location offers quick access to Downtown LA, freeways, transit, and neighborhood amenities.
With its price reduction, strong cash flow, and value-add potential, this property is one of the best multifamily buys in the area. Buyer to assist with 1031 Exchange. Drive by only, Inspection subject to offer. Please do not disturb tenants. Property to be delivered with all tenants occupied.
Full Property Details
Full Property Details for 2809 Folsom
General
- Price: $748,888
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB26001073
- Updated: 1/8/2026
- Days on Market: 15 days
- Added to Site: 15 day(s) ago
Rooms
Other Rooms
- Laundry: Outside
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 1
Location
- Area: BOYH - Boyle Heights
- County: Los Angeles
- Development Name: BOYH - Boyle Heights
- Driving Directions: N. Evergreen, Cross street is Wabash Avenue
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 1
- # Electric Meters: 1
Structural Information
- Entry Location: 1
- Square Feet: 2,519
- Year Built: 1922
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.1342
- Lot Size (Sq. Ft.): 5,847
- Lot Size Source: Assessor
- Lot Description: Back Yard
Financial Considerations
- Price Per Sq. Ft.: $297.3
- Price Per Unit: 249629
Listed by Home Team Realty, Simon Wu
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Schools
Schools serving 2809 Folsom
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Malabar Street Elementary School 3200 Malabar Street, Los Angeles, CA 90063 | K-6 | 0.4 mi |
Boyle Heights Science, Technology, Engineering and Math Magnet 2550 East 6th Street, Los Angeles, CA 90033 | 9-12 | 0.8 mi |
Theodore Roosevelt Senior High 456 South Mathews Street, Los Angeles, CA 90033 | 9-12 | 0.8 mi |
Felicitas And Gonzalo Mendez High 1200 Plaza Del Sol East, Los Angeles, CA 90033 | 9-12 | 1.5 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 2809 Folsom
Date
Details
Price
Change
Source
1/05/2026
Listed
$748,888
57.66%
MLS
1/05/2016
Sold
$475,000
—
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 2809 Folsom
Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,155
3%
$729,544
4%
2023
$8,884
5%
$701,217
2%
2022
$8,480
1%
$687,469
2%
2021
$8,369
-1%
$673,990
1%
2020
$8,450
4%
$667,080
2%
2019
$8,124
30%
$654,000
32%
2018
$6,238
2%
$494,190
2%
2017
$6,103
41%
$484,500
43%
2016
$4,324
1%
$338,888
2%
2015
$4,264
-1%
$333,799
2%
2014
$4,297
—
$327,262
—
2013
$4,297
—
$325,784
—
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 2809 Folsom
2809 Folsom, Los Angeles, CA 90033 (MLS# SB26001073) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 2809 Folsom is currently listed for $748,888 and was received on January 05, 2026. Want to learn more about 2809 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.

