Active

2822 S La Salle Avenue

Los Angeles, CA 90018
Mark as Favorite
Bed 4

Bed

Bath 0

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 : Residential Income

Price : $1,699,000

AD Id : 76502337

MLS Id : 26665641

Beds : 4

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 Bedrooms: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1913 Building Area Total: 4,320
  • Pool Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.145
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6317

  • Listing Price Information

    Original List Price: 1,699,000 Listing Contract Date: 2026-03-26
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5053021011

  • Garage and Parking

    Garage Description: None

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Postal Code Plus 4: 3165 Directions: La Salle Ave, between Jefferson and Adams. Zoning: LAR1 Source Property Type: Residential Income Area: C16 - Mid Los Angeles
  • Building and Construction

    Property Age: 113 Common Walls: 1 Common Wall Year Built Source: Assessor Total Square Feet Living: 4320 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1930 S La Salle Avenue, Los Angeles, CA, 90018 $2,100,000 11 -- 7,420 7,420 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
2640 Dalton Avenue, Los Angeles, CA, 90018 $1,250,000 -- -- 5,621 5,621 SqFt
1419 W 36th Street, Los Angeles, CA, 90018 $1,395,000 4 -- 4,786 4,786 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
2200 S Hobart Boulevard, Los Angeles, CA, 90018 $1,295,000 4 2 2,649 2,649 SqFt
2248 S Hobart Boulevard, Los Angeles, CA, 90018 $1,695,000 3 2 4,210 4,210 SqFt

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ByOwner last updated this listing 06/25/2026 @ 10:03

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

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