2843 Folsom, Los Angeles, California 90033, Los Angeles, 90033 - bed, bath
2843 Folsom
Los Angeles, California 90033
Property Price
SUMMARY
Analysis of 2843 Folsom, Los Angeles, California 90033 is currently available with a list price of $3,199,500. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand-new 2026 construction featuring four modern townhomes. The property offers contemporary finishes including stainless steel appliances, central A/C, and updated light fixtures. With a 5-bedroom/5-bathroom layout per unit, all systems, flooring, and structural components are new, meeting the highest quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
As a 2026 build, this property offers modern townhome aesthetics, energy-efficient systems, and individual utility meters, significantly reducing long-term maintenance costs and landlord expenses.
- High-Yield Unit Configuration
Each of the four units features a rare 5-bedroom, 5-bathroom layout, making it an ideal asset for high-density rental strategies or co-living setups to maximize gross potential income.
- Prime Institutional Proximity
Located minutes from USC Medical Center and Keck Hospital, the property is perfectly positioned to capture a consistent tenant base of medical professionals and graduate students.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9000, other record living area = 792.
- Parking Constraints
The reliance on uncovered parking spaces may be a drawback for a high-occupancy 20-bedroom complex, potentially creating challenges in a dense urban neighborhood like Boyle Heights.
- Management Intensity
The large bedroom count per unit typically results in a higher number of occupants per door, which can lead to increased wear and tear and more intensive property management requirements.
About 2843 Folsom
4 Units 2026 Built. Brand new construction!! These stunning townhomes consist of spacious 5 Bed 5 Bath All of them are fully equipped with in unit laundry, stainless steel appliances, Central A/C, individual water, electric and gas meters, and uncovered parking spaces. Located just around the corner from the 10 fwy, these units provide convenient access to shops, restaurants and amenities such as the USC Medical Center, Keck Hospital, Gold Line Soto station and everything else that Downtown Los Angeles has to offer. Call me to schedule a showing!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 2026
- Lot Size
- 5,845 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 9,000 | 2,286 | 86% |
| Lot Size | 5,845 | 5,886 | 43% |
| Price | $3.20M | $847.5K | 86% |
| Price per sq ft | $356 | $366 | 50% |
| Built year | 2026 | 1925 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 212 | 7% |
Pricing History
Listed for Sale
Feb 27, 2026
$3,199,500
Initial Listing
Price Change
Feb 26, 2026
$31,995,000
Initial Listing
Sold
Dec 23, 2024
$750,000
Public Record
Sold
Dec 28, 2022
$750,000
Public Record
Sold
Jun 11, 2020
$470,000
Public Record