3335 Folsom Street, Los Angeles, California 90063, Los Angeles, 90063 - 14 bed, 4 bath
3335 Folsom Street
Los Angeles, California 90063
Property Price
SUMMARY
Analysis of 3335 Folsom Street, Los Angeles, California 90063 is currently available with a list price of $1,800,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1880, this property is extremely old with no indication of recent major renovations. The listing analysis explicitly notes 'Advanced Age and Condition,' 'outdated systems (plumbing, electrical, HVAC),' and 'deferred maintenance,' requiring 'extensive renovations' and 'significant financial investment.' The current 14-bedroom, 4-bathroom configuration is highly atypical and would necessitate costly reconfiguration. While the structure may have potential for renovation, its current state suggests substantial repairs and rehabilitation are needed across all major components, including kitchens and bathrooms, which are undoubtedly outdated and likely non-functional by modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Opportunity
Explicitly marketed as a 'GREAT INVESTMENT OPPORTUNITY' and classified as 'Residential Income,' this property offers significant potential for rental income, especially with its large size and multi-unit conversion capability.
- Exceptional Location
Boasting a 'GRETA LOCATION' close to USC University, Dodgers Stadium, Fashion District, Downtown Los Angeles, and major freeways, ensuring high demand for rentals and strong potential for appreciation.
- Versatile Conversion Potential
Originally a duplex and 'EASILY CAN BE CONVERTED INTO THE ORIGINAL 2 UNITS' (7 bedrooms and 2 bathrooms each), offering flexibility for various investment strategies, including multi-family rentals or owner-occupancy with income.
CONSRISKS & DEFICIENCIES
- Advanced Age and Condition
Built in 1880, the property is very old, suggesting a high likelihood of outdated systems (plumbing, electrical, HVAC), deferred maintenance, and the need for extensive renovations to meet modern standards and codes.
- Unusual Current Configuration
Currently described as a single unit with 14 bedrooms and 4 bathrooms, this highly atypical layout is impractical for most traditional single-family buyers and may require immediate, costly reconfiguration to appeal to a broader market.
- Significant Renovation Investment Required
While offering conversion potential, transforming the property back into a functional duplex or extensively updating an 1880 structure will necessitate substantial financial investment, time, and navigating complex permitting processes.
About 3335 Folsom Street
GREAT INVESTMENT OPPORTUNITY...LOCATION,LOCATION..THIS PROPERTY WAS A DUPLEX AND CONVERTED INTO A ONE SINGLE UNIT....THIS SPACIOUS PROPERTY FEATURES 14 BEDROOMS AND 4 FULL BATHROOMS PER ASSESORS.THAT EASILY CAN BE CONVERTED INTO THE ORIGINAL 2 UNITS WITH 7 BEDROOMS AND 2 BATHDROOMS EACH... PER ASSESORS 5,244 SQFT OF LIVING SPACE AND 14,148 SQFT LOT...THIS GREEAT PROPERTY HAS LOTS OF POTENTIAL AN SO MANY USES CODES.GRETA LOCATION, CLOSE TO USC UNIVERSITY,DODGERS STADIUM,FASHION DISTRICT,LOS ANGELES DOWNTOWN,FREEWAYS AND MUCH MORE
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1880
- Lot Size
- 14,148 Sq. Ft.
Interior
- Total Bedrooms
- 14
- Total Bathrooms
- 4 (4 Full, 0 Half)
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 | 14.0 | - | 95% |
| Baths | 4.0 | - | 90% |
| Square foot | 5,244 | 2,150 | 95% |
| Lot Size | 14,148 | 5,750 | 95% |
| Price | $1.80M | $810.0K | 95% |
| Price per sq ft | $343 | $384 | 33% |
| Built year | 1880 | 1924 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 212 | 5% |
Pricing History
Listed for Sale
Jan 8, 2026
$1,800,000
Initial Listing
Sold
Aug 12, 2022
$1,339,000
Public Record
Sold
Nov 13, 2017
$830,000
Public Record