2531 Folsom Street, Los Angeles, CA 90033
2531 Folsom Street, Los Angeles, CA 90033
2531 Folsom Street, Los Angeles, CA 90033
17
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$1,700,000
Est. payment /mo
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12 Beds
5,490 SqFt
Pending

2531 Folsom Street Los Angeles, CA 90033

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

+1(925) 864-5757

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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Pending

Purchase Type For Sale

Square Footage 5,490 sqft

Price per Sqft $309

MLS Listing ID CL26640525

Bedrooms 12

HOA Y/N No

Year Built 2023

Lot Size 6,998 Sqft

Acres 0.16

Property Sub-Type OTHER

Property Description

Newly built 2023 construction 4-Plex in the heart of Boyle Heights. The 5,490 SF property consists of two separate duplex structures, each with two townhome style units. Each of the four huge townhome units is comprised of 3 bedrooms and 3.5 bathrooms, and the units average 1,373 square feet each. Plus each bedroom has its own en-suite bathroom. Tenants pay for all of their own utilities with four separate gas, water & electric meters, and there are fully paid off solar panels on the roofs. Tenants also subscribe to a solar rebate program, vastly lowering their monthly utility expenses. Each of the units has been thoughtfully designed with designer finishes, high-end fixtures, LVP flooring & stainless steel appliances. Every unit also includes a laundry closet on the upstairs landing with washer/dryer hookups. There are a total of eight uncovered parking spaces, with six in the back and two in the front, providing two parking spaces for each unit. The parking areas are secured by electric gates as well. The property is currently fully occupied, and it is subject to LA City rent control under RSO. Offered at an attractive 7.54% cap rate and only $309/SF, 2531 Folsom presents an extremely attractive offering for multifamily investors looking for Day 1 cash flow from a newly built asset.

Location

State CA

County Los Angeles

Zoning LARD1.5

Interior

Heating Central

Cooling Central Air

Fireplace No

Laundry Other

Exterior

Total Parking Spaces 8

Building

New Construction No

Others

Tax ID 5177026019

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jake Glaser • Lyon Stahl Investment Real Estate, Inc.

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Mike & Jules Guzzardo Team With Jenny Biczkow

Mike & Jules Guzzardo Team With Jenny Biczkow

Realtor | r01066846,01955798,02086289

+1(925) 864-5757

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2531 Folsom Street

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