CBRE is pleased to exclusively offer for sale 3339 Folsom Street, a charming, well-maintained, pride of ownership six-unit apartment building built in 1924. The property boasts a favorable unit mix of one (1) one-bedroom one-bathroom unit, and five (5) two-bedroom one-bathroom units. 3339 Folsom Street, is a prime investment opportunity within a highly desired neighborhood. This is a premium investment opportunity located in the highly sought-after unincorporated county of Los Angeles. The property nestled in a small pocket next to Boyle Heights also has the potential to add an ADU with preliminary plans already in place(Buyer to Verify). There is also 50% upside potential with the current rents in place. The property boasts favorable CapEx improvements such as new roofs, gutters, repiping to copper, and new sewer lines. With both 50% upside in rental potential as well as preliminary plans for ADU in place, there is tons of upside for a potential buyer.
Property Details
Property Features
Property Information:
Architectural Style: Other
Year Built: 1924
Stories: 0
Living Area: 5,030 SqFt
Listing Office:
Office Name: CBRE
Listing Agent: John Boyett
Interior Features
Interior Information:
Fireplace: None
Bedroom and Bathroom Information:
Total Bedroom Count: 11
Exterior Features
Exterior Information:
Private Pool: No
View: None
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.25 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
School Info
Assigned Schools Information:
East Los Angeles Renaissance Academy at Esteban E. Torres High School, Public District Grades 9-12
East Los Angeles Performing Arts Academy at Esteban E. Torres High School, Public District Grades 9-12
Social Justice Leadership Academy at Esteban E. Torres High School, Public District Grades 9-12
Belvedere Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Malabar Street Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: On Folsom and off of N Indiana St
Price Information
Listing Price Info
Price Summary:
List Price: $1,375,000
Price Per SqFt: $273/SqFt
Tax Information:
Annual Amount: $12,023
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $388.5K more than the Median Sold Price and $359/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24385715
Listing Office:
Office Name: CBRE
Listing Agent: John Boyett
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: 5/29/2024, 12:55:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 01, 2021
Feb 01, 2021Home Sold
$1,160,000
Sep 17, 2020
Sep 17, 2020Home Sold
$780,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$12,023
$780,000
2020
$5,796
$251,477
2019
$5,548
$246,547
2018
$5,468
$241,714
2017
$5,468
$236,976
History based on county public records data.
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NMLS#3030
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.
Elementary School
6
/10
Malabar Street Elementary School
3200 Malabar St
Distance between this listing and this school0.19 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.26 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school23.46 miles
Public Magnet Grades KG-5
Middle School
5
/10
Belvedere Middle School
312 N Record Ave
Distance between this listing and this school0.69 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school4.94 miles
Public District Grades 6-8
High School
5
/10
East Los Angeles Renaissance Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.92 miles
Public District Grades 9-12
4
/10
East Los Angeles Performing Arts Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.92 miles
Public District Grades 9-12
5
/10
Social Justice Leadership Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.92 miles
Public District Grades 9-12
Assigned Schools
6
/10
Malabar Street Elementary School
3200 Malabar St
Distance between this listing and this school0.19 miles
Public District Grades KG-6
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.26 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school23.46 miles
Public Magnet Grades KG-5
Assigned Schools
5
/10
Belvedere Middle School
312 N Record Ave
Distance between this listing and this school0.69 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school4.94 miles
Public District Grades 6-8
Nearby Schools
4
/10
Robert Louis Stevenson Middle School
725 S Indiana St
Distance between this listing and this school1.22 miles
Public Magnet Grades 6-8
Assigned Schools
5
/10
East Los Angeles Renaissance Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.92 miles
Public District Grades 9-12
4
/10
East Los Angeles Performing Arts Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.92 miles
Public District Grades 9-12
5
/10
Social Justice Leadership Academy at Esteban E. Torres High School
4211 Dozier St
Distance between this listing and this school0.92 miles
The neighbors living near this home have an average income of $47,065. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3339 Folsom St
What is the listing price of this property?
The listing price of 3339 Folsom St property is $1,375,000.
What type of property is this?
The property 3339 Folsom St is a house located in Los Angeles, California, 90063.
Is this property for sale now?
Active Listing: 3339 Folsom St is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 3339 Folsom St are: Malabar Street Elementary School: GreatSchools Rating 6/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Point Fermin Elementary School: GreatSchools Rating 6/10Belvedere Middle School: GreatSchools Rating 5/10Studio: GreatSchools Rating 4/10East Los Angeles Renaissance Academy at Esteban E. Torres High School: GreatSchools Rating 5/10East Los Angeles Performing Arts Academy at Esteban E. Torres High School: GreatSchools Rating 4/10Social Justice Leadership Academy at Esteban E. Torres High School: GreatSchools Rating 5/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $12,023 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on February 1, 2021 for $1,160,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3339 Folsom St has 11 bedrooms and 6 bathrooms.
What is the square footage of this property?
The property 3339 Folsom St is 5,030 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 3339 Folsom St is 1924.
This home is located at 3339 Folsom St in Los Angeles, CA and zip code 90063 in the The Eastside neighborhood. This 5,030 square foot home, which was built in 1924, sits on a 0.25 acre lot. Features: 11 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $1,375,000.
In April 2024, from all listings sold in Los Angeles, CA there were more than 701 sold above asking price, over 629 sold below and more than 204 were sold right at the asked price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.
From Rocket Homes Real Estate and based on county public records data.