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2719 Folsom St, Los Angeles, CA 90033
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2719 Folsom St Los Angeles, CA 90033

$950,000 Sold Price as of 09/03/2021
  • 7 Beds
  • 4 Baths
  • 3,048 Sq.Ft.
Sold
$950,000 Sold Price as of 09/03/2021 Refinance Your Mortgage
Map preview of 2719 Folsom St, Los Angeles, CA 90033

Property Overview: 2719 Folsom St Los Angeles, CA has 7 bedrooms, 4 bathrooms, 3,048 living square feet and 5,851 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built in 1924, the property contains a good unit mix of two (2) one bedroom / one bathroom units, one (1) two bedroom / one bathroom unit, and one (1) three bedroom / one bathroom unit. The units are quiet and private with lovely natural sunlight. Each unit is updated with all new hardwood floors, appliances, plumbing, paint, fixtures, and completely remodeled kitchens and bathrooms. The property is a mere five (5) minute drive to Downtown Los Angeles, a seven (7) minute drive to the Arts District, a five (5) minute walk from East Cesar E Chavez Avenue, and is within walking distance to many shops and restaurants.

Listed by Jason Tuvia | BRE #01772495 | Marcus & Millichap
Last checked: 2 minutes ago | Last updated: November 17th, 2022 | Source CRMLS | DOM: 37

Home details

Lot Sq. Ft
5,851
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21754468
City
Los Angeles
County
Los Angeles
Time on Site
1055 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,495
  • Total Rent: $1,495
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,550
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,233
  • Total Rent: $1,233
  • Pro Forma/Market Rent: $1,900
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,300
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 13.35
  • Gross Scheduled Income: --
  • Net Operating Income: $48,819
  • Gross Operating Income: $69,004
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2719 Folsom St

Interior Features
Heating Information
  • Has Heating
  • Forced Air
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Features: Front Yard, Landscaped, Yard
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5177030005
  • Property Condition: Updated/Remodeled
Location / Neighborhood
Location Information
  • Directions: The property is situated in Boyle Heights, north of East Cesar E Chavez Avenue and east of North Soto Street.
View more facts & features

Local Los Angeles Agent

Sale History for 2719 Folsom St

Last sold for $950,000 on September 3rd, 2021

  • September, 2021

  • Sep 9, 2021

    Date

    Sold

    CRMLS: 21754468

    $950,000

    Price

  • Aug 8, 2021

    Date

    Active Under Contract

    CRMLS: 21754468

    $950,000

    Price

  • Jul 12, 2021

    Date

    Active

    CRMLS: 21754468

    $950,000

    Price

  • Jul 7, 2021

    Date

    Active Under Contract

    CRMLS: 21754468

    $950,000

    Price

  • Jun 29, 2021

    Date

    Active

    CRMLS: 21754468

    $950,000

    Price

  • November, 2020

  • Nov 18, 2020

    Date

    Leased

    CRMLS: 20656542

    $1,495

    Price

  • Nov 6, 2020

    Date

    Active

    CRMLS: 20656542

    $1,495

    Price

  • Listing provided courtesy of CRMLS

    ULTRA MODERN, SPACIOUS & NEWLY REMODELED 1bd/1ba unit in the heart of Boyle Heights, located on Folsom Street. This quiet and private unit is on the first floor of a quaint 4-plex. This open layout features natural sunlight, newer hardwood floors, newer appliances, newer paint, fixtures and a complete new bathroom. The property is a 5 minute drive to Downtown LA, 7 minute drive to the Arts District, 5 minute walk from Cesar Chavez and is within walking distance to many shops and restaurants. Easy access to 101, 10 & 5 freeways and in close proximity to the Metro Gold Line.

  • August, 2018

  • Aug 16, 2018

    Date

    Sold (Public Records)

    Public Records

    $610,000

    Price

  • December, 2008

  • Dec 12, 2008

    Date

    Expired

    CRMLS: 12103244

    $625,000

    Price

  • Dec 17, 2007

    Date

    Active

    CRMLS: 12103244

    $625,000

    Price

  • Listing provided courtesy of CRMLS

    Must See 4 unit Property!!! Property Pays for Itself! One-3 Bedroom, 1 Bath. Three-2 Bedroom 1 Bath, Large Living Rooms, Dining Rooms. All Have Huge Kitchens With Lots Of Cabinet Space, A Cooks Delight! Close To All Freeways. Shown By Appointment Only (323) 707-8944

  • August, 2001

  • Aug 2, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 2719 Folsom St

Assessed Value (2020): $622,660
Year Land Value Improved Value Assessed Value
2020 $372,300 $250,360 $622,660

Home Value Compared to the Market

This property vs the competition

2719 Folsom St sold on September 3, 2021 for 20.17% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $311.68 per/sqft which puts the price per square foot 58.72% lower than the current median sale per square foot for the city of Los Angeles.

About 2719 Folsom St

Detailed summary of property

2719 Folsom St is a multi family that recently sold in Los Angeles, CA 90033. This multi family property offered 7 bedrooms, 4 bathrooms, roughly 3,048 living square feet, and sits on an approximately 5,851 square foot lot. 2719 Folsom St was first listed on ArdentRealEstateGroup.com on June 29, 2021. The homeowner sold the property for $950,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 20.17% lower than the current median priced home. Local homes that are currently for sale include 2103 Michigan Ave, 923 N Alma Ave and 2306 E 3rd St. While the average home in Los Angeles, CA is selling in 92 days, 2719 Folsom St has a days on market of 37 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 2719 Folsom St Los Angeles, CA 90033 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2719 Folsom St

Public county record property details
Beds
6
Baths
4
Year built
1924
Sq. Ft.
3,048
Lot Size
5,850
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5
APN
5177-030-005

The source for these homes facts are from public records.

90033 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$800,000
Median List Price/Sq.Ft.
$520
Median Sold Price
--
Median Sold Price/Sq.Ft.
--
Total Inventory
11
Median Sale to List Price %
--
Avg Days on Market
--
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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