Millman Team Real Estate

$748,888
0.13 Acre Lot

2809 Folsom, Los Angeles, California 90033

  • Residential Income Property Type
  • 1922 Year Built
Property Description

PRIME INVESTMENT IN BOYLE HEIGHTS WITH VALUE ADD OPPORTUNITY.

Here’s a great chance to own a triplex in the heart of Boyle Heights. This property sits on an RD1.5 lot and offers both immediate income and long-term potential. The front duplex has two units with 2 bedrooms and 1 bath each, while the back house features 3 bedrooms, 1 bath, a private yard, and a garage with ADU possibilities.

All units are occupied with long term tenants with rents still well below market—leaving plenty of room for upside. A long driveway allows for multiple cars, and the location offers quick access to Downtown LA, freeways, transit, and neighborhood amenities.

With its price reduction, strong cash flow, and value-add potential, this property is one of the best multifamily buys in the area. Buyer to assist with 1031 Exchange. Drive by only, Inspection subject to offer. Please do not disturb tenants. Property to be delivered with all tenants occupied.

Basic Details
Residential Income
For Sale
SB26001073
$748,888
1922
0.13 Acre
Active
1
Triplex
Features
: None
: Outside
: Public Sewer
$0
Address Map
CA
Los Angeles
Los Angeles
90033
Folsom
2809
N. Evergreen, Cross street is Wabash Avenue
BOYH - Boyle Heights
Additional Information
$0
$0
$0
$0
$0
2519
: Sidewalks
1
1.0
: Back Yard
3
2026-01-05
1
: Public
Broker/Agent Information
Home Team Realty
Simon Wu
Listing Information
SBWUSIMO
S6486
Cash to New Loan,1031 Exchange
Active
2026-01-08T14:24:37Z
CRMLS
: Standard
2026-01-05T00:31:01Z
Agent info
Ray Millman
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