3 months on rocket

3313 Folsom St, Los Angeles, CA, 90063

$1,670,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3313 Folsom St, Los Angeles$1,670,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingOn Site
Year Built1910
HeatingFloor Furnace
FireplaceNone
MLS #WS24016709
Lot Size0.26 Acres
StatusActive

About 3313 Folsom St

"Investor Dream" Nothing but money! 5 units that feature (Two) 2 bedroom 2-bath (One) 2 bedroom 1- Bath (One) 3-bedroom 2- bath and (One) 3 bedroom 1-bath. This unique property is situated on a 11,000+ square foot Lot and has two separate addresses, (5) separate gas meters, (5) separate electric meters and 2 water meters (Note: Possible SB9 Opportunity). If you are looking for positive cash flow, this is it. But that's not all. What if I can tell you that the seller is willing to carry with great terms for the buyer, if an offer comes in that is acceptable to the seller, yes sir, Seller may carry on this one. Property has low vacancy and cash flow rents with great upside on this unique investment property in the up-and-coming Boyle Heights Neiborhood.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 1

Listing Office:

  • Office Name: TAMAYO & ASSOC. R.E.
  • Office Phone: (323) 717-3744
  • Listing Agent: RICHARD TAMAYO

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

School Info

Assigned Schools Information:

  • 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
  • Engineering and Technology 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: Go to Malabar left of Folsom

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,670,000

Tax Information:

  • Annual Amount: $6,175
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

3313 Folsom St vs Los Angeles

98 DAYS ON ROCKET

+64 Days

$1,670,000

+$683.5K More

KEY TAKEAWAY

This property is $683.5K 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: #WS24016709

Listing Office:

  • Office Name: TAMAYO & ASSOC. R.E.
  • Office Phone: (323) 717-3744
  • Listing Agent: RICHARD TAMAYO

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: 5/10/2024, 1:20:35 PM 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

$8,402

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,073

Powered By

Rocket Mortgage

Advertisement

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

school-card-donut-9832960
5
/10

  • Malabar Street Elementary School

  • 3200 Malabar St

  • 0.14 miles

  • Public District Grades KG-6

school-card-donut-9832961
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 9.21 miles

  • Public Magnet Grades KG-6

school-card-donut-9832962
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 23.44 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-9832963
5
/10

  • Belvedere Middle School

  • 312 N Record Ave

  • 0.73 miles

  • Public Magnet Grades 6-8

school-card-donut-9832964
4
/10

  • Studio

  • 2211 W Avenue 30

  • 4.92 miles

  • Public District Grades 6-8

High School

school-card-donut-9832965
2
/10

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

  • 4211 Dozier St

  • 0.96 miles

  • Public District Grades 9-12

school-card-donut-9832966
3
/10

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

  • 4211 Dozier St

  • 0.96 miles

  • Public District Grades 9-12

school-card-donut-9832967
2
/10

  • Engineering and Technology Academy at Esteban E. Torres High School

  • 4211 Dozier St

  • 0.96 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. Residents of Los Angeles, CA typically earn between $35k-100k each year. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.

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 $1,670,000.

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 are the assigned schools for this property?

The assigned schools for 3313 Folsom St are:
Malabar Street Elementary School: GreatSchools Rating 5/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Belvedere Middle School: GreatSchools Rating 5/10
Studio: GreatSchools Rating 4/10
East Los Angeles Performing Arts Academy at Esteban E. Torres High School: GreatSchools Rating 2/10
Social Justice Leadership Academy at Esteban E. Torres High School: GreatSchools Rating 3/10
Engineering and Technology Academy at Esteban E. Torres High School: GreatSchools Rating 2/10

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 February 01, 2024 and is currently priced at $1,670,000.

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. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

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

More Resources