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2822 S La Salle Avenue

Los Angeles, CA 90018
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Bed 10

Bed

Bath 6

Bath

SqFt4,320

Sqft

SqFt6,317

Sqft(Lot)

2822-2824 S. La Salle Ave presents a rare opportunity to acquire a fully occupied, income-producing four-unit property in a centrally located South Los Angeles neighborhood near USC, Exposition Park, Downtown LA, and major transit corridors. Currently operating at 100% occupancy, the property offers strong in-place income of approximately $8,500 per month and an estimated NOI of approximately $96,832 based on current operations, equating to an approximate 5.4% cap rate for a self-managed owner. Set on an approximately 6,315 sq. ft. lot, the property combines stable day-one cash flow with meaningful long-term upside potential. The unit mix includes spacious 2- and 3-bedroom residences, all of which are well maintained, with two units having been updated in recent years. The property has ben efited from consistent collections and long-term tenancy, supporting operational stability and tenant retention. From an investment perspective, the asset offers both immediate income and future optionality. Current ownership operates with an efficient expense structure, and investors may have the opportunity to further optimize performance over time. Additionally, California's evolving ADU regulations continue to create opportunities for additional units on multifamily properties, subject to city approval and site-specific feasibility. Buyer to verify all zoning, use, density, ADU potential, and development possibilities. The property's central location within a growing rental corridor near major employment hubs, universities, public transportation, and ongoing neighborhood investment positions it to benefit from sustained demand. A well-located, stabilized asset delivering strong current income with the potential for future growth and operational upside in one of Los Angeles' most dynamic rental markets. For investors seeking a well-performing asset in a high-demand Los Angeles corridor, this offering delivers both stability and potential. Inquire for details and availability.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,625,000

AD Id : 76502337

MLS Id : 26665641

Beds : 10

Lot Size : 6,317 Sqft

Living Area Size : 4,320

Year Built : 1913

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 10

    Bathroom Information

    Total Baths: 6
  • Heating & Cooling

    Has Heating: Yes Heating: WallFurnace Cooling: None

  • Building Information

    Year Built: 1913
    Building Area Total: 4320
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 6317 Lot Size Acres: 0.145 Lot Size Square Feet: 6,317

  • Listing Price Information

    Listing Price: $1625000
    Original Price: $1799000

  • Tax Information

    Parcel Number: 5053021011

  • Location Information

    Direction: La Salle Ave, between Jefferson and Adams.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1930 S La Salle Avenue, Los Angeles, CA, 90018 $2,000,000 11 11 7,420 7,420 SqFt
1760 W 24th Street, Los Angeles, CA, 90018 $749,000 6 4 2,623 2,623 SqFt
2052 S Hobart Boulevard, Los Angeles, CA, 90018 $1,999,000 4 4 3,019 3,019 SqFt
2068 S Hobart Boulevard, Los Angeles, CA, 90018 $1,850,000 5 4 4,087 4,087 SqFt
3013 Halldale Avenue, Los Angeles, CA, 90018 $800,000 3 2 1,400 1,400 SqFt
3111 Halldale Ave., Los Angeles, CA, 90018 $1,300,000 4 2 1,545 1,545 SqFt
1444 W 37th Street, Los Angeles, CA, 90018 $4,500,000 -- -- 9,056 9,056 SqFt
2248 S Hobart Boulevard, Los Angeles, CA, 90018 $1,575,000 3 4 4,210 4,210 SqFt
1506 W 36th Street, Los Angeles, CA, 90018 $979,000 8 -- 5,118 5,118 SqFt
1528 W 36th Street, Los Angeles, CA, 90018 $850,000 4 2 1,350 1,350 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/11/2026 @ 09:23

MLS: 26665641 LISTED BY: Scott Goshorn, Rodeo Realty 310-724-7100 SOURCE: CRMLS

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