2822 S La Salle Avenue, Los Angeles, CA 90018

  • $1,799,000
2822 S La Salle Avenue
ResidentialIncome Active
2822 S La Salle Avenue, Los Angeles, CA 90018
2822 S La Salle Avenue
  • $1,799,000

Overview

Property ID: HZ26665641
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 4320
  • Sq Ft
  • 1913
  • Year Built

Description

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 benefited 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.

  • Address La Salle
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90018

Details

Updated on April 3, 2026 at 10:07 am
  • Property ID: HZ26665641
  • Price: $1,799,000
  • Property Size: 4320 Sq Ft
  • Bedrooms: 4
  • Bathrooms: 4
  • Year Built: 1913
  • Property Status: ResidentialIncome
  • Listed by: Scott Goshorn
  • DRE #: 01964409
  • Contact Phone: 3106969046|
  • Contact Mail: Listings@scottgoshorn.com
  • Brokered by: Rodeo Realty

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