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3408 Folsom Street, Los Angeles, CA 90063
$1,065,000
3408 Folsom Street, Los Angeles, CA 90063View this property at 3408 Folsom Street, Los Angeles, CA 90063
3408 Folsom StreetLos AngelesCA90063
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Property Description
JUST REDUCED 50K!
Don't miss the amazing opportunity to own a property in a hot location. Property is located close to Downtown Los Angeles and has easy access to major freeways. This flourplex allows you to live in one unit and come income from the others or to maximize it as a full investment property. Property has one of the best views in the area as it sits on the hill close to City Terrace Neighborhood. Top unit was recently remodeled and provides a panoramic view for its occupants. Both two bedroom units provide a steady stream of income. Lower unit was recently remodeled, has a private patio and with your imagination you may turn it into a hidden oasis. ADU potential, as 3 Garage building is freestanding and may be developed. There are currently two available garages that may provide additional income. Property counts with 5 parking spaces. Do not miss this opportunity!
Full Property Details
Full Property Details for 3408 Folsom St
General
- Sold For: $1,065,000
- Status: Closed
- Type: Multi-Family
- MLS ID: DW23213519
- Added to Site: 157 day(s) ago
Interior
- Fireplace(s): None
- Flooring: Vinyl
Rooms
Other Rooms
- Laundry: See Remarks
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 3
- Parking Features: Assigned
- Parking: Assigned
Location
- Area: BOYH - Boyle Heights
- County: Los Angeles
- Development Name: BOYH - Boyle Heights
- Driving Directions: South of 10 Feeway. If coming on Cesar Chavez , turn North on Rowan and west on Folsom
- Direction Faces: South
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 3
- # Electric Meters: 2
Structural Information
- Roof: Composition
- Entry Location: 1
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 2,840
- Year Built: 1920
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Neighborhood, Panoramic
- Lot Size (Acres): 0.155
- Lot Size Source: Assessor
- Zoning: LCR2*
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $375
- Price Per Unit: 287500
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by CK Real Estate, Esther Rosas-Castaneda
Sold by Freemanfoxx Realty, Paul Munoz
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Schools
Schools serving 3408 Folsom St
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3200 Malabar St, Los Angeles, CA 90063 | K-6 | 0.2 mi | |
312 N Record Ave, Los Angeles, CA 90023 | 6-8 | 0.5 mi | |
319 N Humphreys Ave, Los Angeles, CA 90022 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3408 Folsom St
Date
Details
Price
Change
Source
4/17/2024
Sold
$1,065,000
-7.39%
MLS
2/23/2024
Price Reduced
$1,150,000
-4.17%
MLS
12/01/2023
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3408 Folsom Street, Los Angeles, CA 90063 (MLS# DW23213519) is a Multi-Family property that was sold at $1,065,000 on April 17, 2024. Want to learn more about 3408 Folsom Street? 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.