3026 Folsom Street

Description

Great triplex and opportunity situated in the historic neighborhood of Boyle heights! Property features TWO ON A LOT**! Just repainted exterior on both properties. Front house consists of 3 bedrooms and 1.5 baths and a spacious living room area. A separate duplex is located in the back consisting of two 1 bed 1 bath units. Duplex in the back has had one unit fully renovated seen in photos and it is light and bright. Lots of potential with this property it sits on a large lot for the neighborhood. One unit in the duplex and the front house are ready for your vision and have great upside. Plenty of secured parking spots. Property falls under LARC. Benefits of Section 8 are guaranteed payments, low vacancy, & stability. Attractive 4.4 CAP Rate! Property is qualified for a grant program to assist with closing costs!

Listing information courtesy of: Aris Anagnos, eXp Realty of California Inc 424-581-9006. *Based on information from the Association of REALTORS/Multiple Listing as of 11/09/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.