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2750 Folsom Street, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath

2750 Folsom Street, Los Angeles, California 90033 home-pic-0
ACTIVE$750,000
2750 Folsom Street, Los Angeles, California 90033
0Bed
0Bath
2,100Sqft
5,897Lot
Year Built
1923
Close
-
List price
$750K
Original List price
$800K
Price/Sqft
$357
HOA
-
Days on market
-
Sold On
-
MLS number
SR25154384
Home ConditionFair
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $750.0K(50th), sqft - 2100(50th), beds - undefined(50th), baths - undefined(50th).

Well Maintained Duplex in the Heart of Boyle Heights Welcome to this charming and spacious duplex located in the vibrant and culturally rich neighborhood of Boyle Heights. Each unit offers approximately 1,050 sq. ft. of well-designed living space, featuring 2 generous bedrooms, 1 full bathroom, a separate kitchen, dedicated dining area, and a comfortable living room — ideal for both homeowners and investors alike. Both units have been lovingly cared for and feature remodeled kitchens, The property boasts a large backyard perfect for entertaining or relaxing outdoors, along with a detached one-car garage for each unit. The gated front yard offers added privacy and security, while still providing a spacious, welcoming entrance. Located in R2 zoning, this duplex presents great long-term potential. Whether you’re a first-time buyer looking to live in one unit and rent the other, or an investor looking to grow your portfolio, this is a rare opportunity you won’t want to miss. Situated just minutes from Downtown LA, this Boyle Heights gem offers easy access to freeways, public transportation, schools, and the thriving arts and culinary scenes the area is known for. Boyle Heights continues to grow as one of Los Angeles’ most sought-after neighborhoods, offering a unique blend of history, culture, and community. Don’t miss your chance to own a well-maintained duplex in one of LA’s most dynamic and promising neighborhoods!

Price History

Date
Event
Price
12/18/25
Price Change
$750,000-3.2%
08/01/25
$775,000
07/10/25
$799,999
08/03/01
Sold
$130,000
Condition Rating
Fair
Built in 1923, this property is over a century old. While the listing highlights 'remodeled kitchens' and the images confirm updated kitchens and bathrooms with functional, clean finishes (e.g., dark wood cabinets, granite countertops, subway tile in bathrooms), the overall property shows its age. Key systems like cooling rely on window AC units and wall heaters, indicating a lack of modern central air conditioning. The flooring is a mix of hardwood and carpet, and light fixtures are basic. The property is well-maintained and livable, but the age of the structure and the presence of older systems, despite cosmetic updates, align with a 'fair' condition, requiring minor updates or repairs beyond the recently renovated areas.
Pros & Cons

Pros

Income-Generating Duplex: As a duplex, the property offers immediate rental income potential or the flexibility for an owner-occupier to live in one unit and rent the other, making it an attractive investment.
Prime Boyle Heights Location: Situated in the 'heart of Boyle Heights,' a vibrant and culturally rich neighborhood, with excellent proximity to Downtown LA, freeways, public transportation, and local amenities, enhancing desirability and tenant appeal.
Remodeled Kitchens: Both units feature recently remodeled kitchens, a significant value-add that reduces immediate renovation costs for a new owner and appeals to quality tenants.
R2 Zoning & Development Potential: The R2 zoning designation provides long-term potential for expansion or redevelopment, offering future value appreciation beyond its current use as a duplex.
Desirable Amenities & Maintenance: The property is 'well-maintained' and includes a large backyard, gated front yard, and two detached one-car garages (one for each unit), offering practical and appealing features for residents.

Cons

Property Age: Built in 1923, the property is over a century old. While 'well-maintained,' this age may imply potential for unseen maintenance issues or the need for updates to older systems (e.g., plumbing, electrical, roof) not explicitly mentioned as renovated beyond the kitchens.
Lack of Modern Cooling System: The description does not mention air conditioning or any modern cooling system, which can be a significant comfort amenity in Los Angeles' climate and a potential drawback for tenants or buyers.
Price Reduction History: Multiple price reductions from the original list price ($799,999 to $750,000) suggest the property may have been initially overpriced or is experiencing slower market absorption, potentially indicating a need for further price adjustment or a perceived lack of competitive value.

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