2843 Folsom, Los Angeles, California 90033, Los Angeles, 90033 - 0 bed, 0 bath
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Los Angeles, California 90033
This High-Potential Investment Opportunity is a brand-new 2026 construction listed at $3,199,500, which aligns with its $3,199,500 Fair Market Value. Featuring a 5-bedroom/5-bathroom configuration per unit, this Residential Income asset offers modern efficiency with individual utility metering and stainless steel appliances. Its proximity to the USC Medical Center and Keck Hospital ensures consistent demand from medical professionals. With an Excellent Condition Rating, this property is a turnkey acquisition for Buy-and-Hold Investors or Institutional Portfolios seeking stable, high-density rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2843 Folsom Subject | $3,199,500* List Price | 0 | 0 | 9,000 | $356 | - |
A 327 N Chicago Street Active | $3,500,000 List Price | 0 | 0 | 7,724 | $453 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
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.
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.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 9000, other record living area = 792.
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.
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.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 9,000 | 2,156 | 93% |
| Lot Size | 5,845 | 5,864 | 40% |
| Price | $3.20M | $735.0K | 93% |
| Price per sq ft | $356 | $335 | 60% |
| Built year | 2026 | 1912 | 93% |
| HOA | $0 | $0 | 50% |
| Days on market | 109 | 139 | 40% |
Feb 27, 2026
$3,199,500
Initial Listing
Feb 26, 2026
$31,995,000
Initial Listing
Dec 23, 2024
$750,000
Public Record
Dec 28, 2022
$750,000
Public Record
Jun 11, 2020
$470,000
Public Record