3724 Folsom St Los Angeles, CA 90063

Welcome to 3724 Folsom St! a charming and versatile property in the vibrant hills of East Los Angeles! This cozy 2-bed, 1-bath home blends comfort, charm, and potential. Step inside to an inviting living space with warm natural light and a functional layout perfect for everyday living (main house is 645 SqFt per owner) A standout feature is the converted basement unit with its own private entrance, offering a great opportunity for guest quarters, home office, or multigenerational living (basement is 509 SqFt per owner) If you are looking for a rental property, this one is ideal…5% cap rate from day 1! Both units are vacant and ready to start making you money! Sitting on a generous lot, the property also INCLUDES LARGE VACANT LAND THAT IS PART OF THE SALE- a rare find in this area! With ample outdoor space, there's potential to build an ADU, additional parking, or create your dream outdoor oasis (buyer to verify possibilities). Located in a convenient and commuter-friendly neighborhood, you'll enjoy easy access to public transportation, major freeways, Downtown LA, Cal State LA, parks, local dining, and cultural hotspots. Whether you're a first-time buyer, an investor, or someone looking to expand, this property offers endless potential in one of LA's most connected communities. Take a look to the virtual tour! Don't miss out on this unique opportunity to own a home with expansion potential in the heart of Los Angeles! ***This property qualifies for $10,000 GRANT, 3% down payment and no PMI!!*** call for details!