3724 Folsom St, Los Angeles, California 90063, Los Angeles, 90063 - 2 bed, 1 bath

3724 Folsom St, Los Angeles, California 90063 home-pic-0

3724 Folsom St

Los Angeles, California 90063

ACTIVE
CONDITION: GOOD
2Beds
1Baths
600Sq Ft
3,094Lot Size

Property Price

LIST PRICE$650,000
EST. MARKET VALUE
$371,605
74% AboveMARKET VALUE

SUMMARY

Estimated Market Value

$371,605
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
3724 Folsom St
Subject
$650,000*
List Price
21600$619-
A
1225 Van Pelt Avenue
Sold
$638,00021830$7690.7 mi
B
1253 N Ditman Avenue
Active
$575,000
List Price
21572$1,0050.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Despite being built in 1924, the property is presented as move-in ready and 'ready to start making money,' indicating it has been well-maintained or partially updated. The inclusion of a functional, converted basement unit and the description of an inviting living space with natural light suggest that major systems are operational and the interior condition is suitable for immediate occupancy without the need for significant immediate repairs.

PROSSTRENGTHS & OPPORTUNITIES

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3094, other record lot size in square feet = 2867. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.

About 3724 Folsom St

Welcome to 3724 Folsom St! a charming and versatile property in the vibrant hills of East Los Angeles! This cozy 2-bed, 1-bath home blends comfort, charm, and potential. Step inside to an inviting living space with warm natural light and a functional layout perfect for everyday living (main house is 645 SqFt per owner) A standout feature is the converted basement unit with its own private entrance, offering a great opportunity for guest quarters, home office, or multigenerational living (basement is 509 SqFt per owner) If you are looking for a rental property, this one is ideal…5% cap rate from day 1! Both units are vacant and ready to start making you money! Sitting on a generous lot, the property also INCLUDES LARGE VACANT LAND THAT IS PART OF THE SALE- a rare find in this area! With ample outdoor space, there’s potential to build an ADU, additional parking, or create your dream outdoor oasis (buyer to verify possibilities). Located in a convenient and commuter-friendly neighborhood, you’ll enjoy easy access to public transportation, major freeways, Downtown LA, Cal State LA, parks, local dining, and cultural hotspots. Whether you’re a first-time buyer, an investor, or someone looking to expand, this property offers endless potential in one of LA’s most connected communities. Take a look to the virtual tour! Don’t miss out on this unique opportunity to own a home with expansion potential in the heart of Los Angeles! ***This property qualifies for $10,000 GRANT, 3% down payment and no PMI!!*** call for details!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1924
Lot Size
3,094 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
36%
Baths1.02.0
38%
Square foot6001,113
5%
Lot Size3,0944,510
17%
Price$650.0K$694.5K
38%
Price per sq ft$1.1K$611
98%
Built year19241926
45%
HOA$0$0
50%
Days on market113175
26%

Pricing History

Listed for Sale

Jan 25, 2026

$650,000

$675,000

-4% Price Drop

Initial Listing

Price Change

Nov 13, 2025

$675,000

Initial Listing

Sold

Oct 21, 2015

$270,000

Public Record

Sold

Jun 25, 2010

$180,000

Public Record

Sold

Sep 23, 2009

$86,500

Public Record

Sold

Sep 4, 2007

$420,000

Public Record

Sold

Mar 30, 2007

$435,000

Public Record

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