2 months on rocket

3313 Folsom St, Los Angeles, CA, 90063

$1,750,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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3313 Folsom St, Los Angeles$1,750,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Site
Year Built1910
HeatingFloor Furnace
FireplaceNone
MLS #DW24187622
Lot Size0.26 Acres
StatusActive

About 3313 Folsom St

Attention! Great investment opportunity in the up and coming neighborhood of Boyle Heights. With an attractive 5.9 cap rate, this property offers immediate positive cash flow. Property sits on an 11,491 square foot lot and has so much to offer. 5 separate units, each with their own gas and electric meters. 2 separate parking lots with plenty of parking and entrances through 2 different streets, a very low vacancy. 12 bedrooms and 8 bathrooms. This property would be a great addition to your portfolio. Owner is willing to carry with an acceptable offer.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 1

Listing Office:

  • Office Name: United Real Estate Pacific States
  • Office Phone: (562) 201-7660
  • Listing Agent: Carlos Barillas

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: On Site

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace

Other

Directions Information:

  • Directions: Go to Malabar left of Folsom

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,750,000

Tax Information:

  • Annual Amount: $6,175
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

3313 Folsom St vs Los Angeles

67 DAYS ON ROCKET

+29 Days

$1,750,000

+$726.5K More

KEY TAKEAWAY

This property is $726.5K more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #DW24187622

Listing Office:

  • Office Name: United Real Estate Pacific States
  • Office Phone: (562) 201-7660
  • Listing Agent: Carlos Barillas

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$6,175$317,136
2020$5,981$313,885
2019$5,771$307,732
2018$5,680$301,699
2017$5,680$295,784

History based on county public records data.

Payment Calculator

$8,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,313

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-414289
6
/10

  • Malabar Street Elementary

  • 3200 Malabar St

  • 0.14 miles

  • Public District Grades KG-6

school-card-donut-414290
4
/10

  • William R. Anton Elementary

  • 831 N Bonnie Beach Pl

  • 0.64 miles

  • Public District Grades KG-6

school-card-donut-414291
3
/10

  • Belvedere Elementary School

  • 3724 E 1st St

  • 0.66 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,065. Residents of Los Angeles, CA typically earn between $35k-100k each year. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3313 Folsom St

What is the listing price of this property?

The listing price of 3313 Folsom St property is $1,750,000.

What type of property is this?

The property 3313 Folsom St is a condo located in Los Angeles, California, 90063.

Is this property for sale now?

Active Listing: 3313 Folsom St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,175 (source: MLS/based on county public records data).

Which year was this property built?

The year of construction for 3313 Folsom St is 1910.

Rocket Homes›California›Los Angeles County›Los Angeles›90063›3313 Folsom St

This home is located at 3313 Folsom St in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This home, which was built in 1910, sits on a 0.26 acre lot. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $1,750,000.

Los Angeles, CA housing market in October 2024 saw over 598 listings sold above listed price, more than 191 sold at listed price and over 753 sold below. The inventory of homes for sale in Los Angeles, CA between September 2024 and October 2024 increased by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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