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East LA Fourplex Investment
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2719 Folsom, Los Angeles, CA 90033

Four-unit property in East LA with income and growth potential.

Property Size3,048 SF
Price / SF$383.53
Days on Market316

Property Features for 2719 Folsom

General Information

Standard status Active
Size 3,048 SF
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 2
Stories 1
Units 4
Listing Agency: Keller Williams South Bay
Listed By: JUSTIN CHU · License #01900624
Source: Crexi
Added: Oct 7, 2025 Changed: Aug 8 Last Checked: Aug 17 at 3:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams South Bay

Investment Insights

Based on property information with market context.

Located in the revitalizing East LA neighborhood, this multi-unit investment property at 2719-2721 Folsom Street offers immediate passive income with significant upside potential. The tenant-occupied fourplex spans approximately 3,048 sq ft. Constructed in 1924, this well-maintained property is primed for strong returns. The property currently delivers a 0.9% Cash on Cash return, with a clear path to 5% through market-driven rental adjustments. Recent upgrades include a new roof in 2024, a remodeled bathroom in unit 2721.5 planned for 2025, a full remodel of unit 2719.5 in 2021, and newer exterior paint. The month-to-month lease agreements allow quick alignment with market rents, maximizing income potential. This asset is well-positioned for long-term appreciation.

Key Highlights

  • Assumable 2.7% interest rate for VA buyers.
  • Significant income potential through market‑driven rental adjustments.
  • Located in a dynamic East LA neighborhood, well‑positioned for long‑term appreciation.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,816
Businesses Nearby

Demographics for 90033, CA

46,081
Population
13,874
Households
3.3
Avg Household Size
32
Median Age
14%
College-Educated
54%
High-School Grad
3.3 sq mi
ZIP Area
13,964
Density / Sq Mi
$56,001
Median Household Income
$29,600
Median Earnings
$1,391
Median Rent
$669,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property in East LA with income and growth potential.
Where is this quadplex located?
The property is located at 2719 Folsom Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,169,000.
What are key features of this property?
This property features: Assumable 2.7% interest rate for VA buyers.; Significant income potential through market‑driven rental adjustments.; Located in a dynamic East LA neighborhood, well‑positioned for long‑term appreciation.
(626) 321-3211 Call to check price and availability
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