26 days on rocket

3339 Folsom St, Los Angeles, CA, 90063

$1,375,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
6 Baths
5,030 SqFt
$273/SqFt
House
Schools Nearby

Location

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3339 Folsom St, Los Angeles$1,375,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1924
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
ViewNone
MLS #24385715
Lot Size0.25 Acres
StatusActive

About 3339 Folsom St

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.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

3339 Folsom St vs Los Angeles

26 DAYS ON ROCKET

-8 Days

$1,375,000

+$388.5K More

$273/SqFt

-$359 Less

KEY TAKEAWAY

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

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: 5/28/2024, 9:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 01, 2021Home Sold
$1,160,000
Sep 17, 2020Home Sold
$780,000

Tax History

YEARPROP. TAXASSESSMENT
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.

Payment Calculator

$6,930

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,189

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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.

Elementary School

school-card-donut-3968036
6
/10

  • Malabar Street Elementary School

  • 3200 Malabar St

  • 0.19 miles

  • Public District Grades KG-6

school-card-donut-3968037
9
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.26 miles

  • Public Magnet Grades KG-6

school-card-donut-3968038
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 23.46 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-3968039
5
/10

  • Belvedere Middle School

  • 312 N Record Ave

  • 0.69 miles

  • Public Magnet Grades 6-8

school-card-donut-3968040
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.94 miles

  • Public District Grades 6-8

High School

school-card-donut-3968041
5
/10

  • East Los Angeles Renaissance Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 0.92 miles

  • Public District Grades 9-12

school-card-donut-3968042
4
/10

  • East Los Angeles Performing Arts Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 0.92 miles

  • Public District Grades 9-12

school-card-donut-3968043
5
/10

  • Social Justice Leadership Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 0.92 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,065. The majority of Los Angeles, CA residents have income between $35k-100k annually. The most common type of family is 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 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 6/10
Melrose Avenue Elementary School: GreatSchools Rating 9/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Belvedere Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
East Los Angeles Renaissance Academy at Esteban E. Torres High School: GreatSchools Rating 5/10
East Los Angeles Performing Arts Academy at Esteban E. Torres High School: GreatSchools Rating 4/10
Social 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.

Rocket Homes›California›Los Angeles County›Los Angeles›90063›3339 Folsom St

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.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. In April 2024 in Los Angeles, CA there were 14.9% more homes for sale than in March 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

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

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