2822 S La Salle Avenue, Los Angeles, CA 90018
Local realty services provided by:CENTURY 21 Valley Properties
2822 S La Salle Avenue,Los Angeles, CA 90018
$1,699,000
- 4 Beds
- 4 Baths
- 4,320 sq. ft.
- Multi-family
- Active
Listed by: scott goshorn
Office: rodeo realty310-724-7100
MLS#:26665641
Source:CRMLS
Price summary
- Price:$1,699,000
- Price per sq. ft.:$393.29
About this home
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....
Contact an agent
Home facts
- Year built:1913
- Listing ID #:26665641
- Added:86 day(s) ago
- Updated:June 21, 2026 at 10:46 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Living area:4,320 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1913
- Building area:4,320 sq. ft.
- Lot area:0.15 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,699,000
- Price per sq. ft.:$393.29
Parking
- Total parking spaces:4
New listings near 2822 S La Salle Avenue
- Open Sat, 10:30am to 1:30pmNew
$640,000Active2 beds 2 baths1,172 sq. ft.800 W 1st Street #2008, Los Angeles, CA 90012
MLS# 26847729Listed by: EXP REALTY OF GREATER LOS ANGELES - New
$2,450,000Active13 beds 8 baths3,572 sq. ft.1188 W 28th, Los Angeles, CA 90007
MLS# AR26134176Listed by: IRN REALTY - New
$1,315,000Active10 beds -- baths3,393 sq. ft.4501 S Budlong Avenue, Los Angeles, CA 90037
MLS# CL26850291Listed by: KELLER WILLIAMS HOLLYWOOD HILLS - New
$1,249,000Active4 beds -- baths1,612 sq. ft.6445 W 86th Place, Los Angeles, CA 90045
MLS# CL26850303Listed by: LINK BROKERAGES - New
$1,995,000Active3 beds 3 baths1,250 sq. ft.1947 Midvale Avenue, Los Angeles, CA 90025
MLS# CL26850323Listed by: MARY GRACE MACY - New
$2,550,000Active6 beds 8 baths4,537 sq. ft.5558 Edgewood Place, Los Angeles, CA 90019
MLS# GD26135223Listed by: HUNTINGTON GROUP - New
$1,195,000Active3 beds 3 baths2,235 sq. ft.19565 Turtle Springs, Porter Ranch, CA 91326
MLS# SR26135167Listed by: PINNACLE ESTATE PROPERTIES - New
$849,999Active4 beds 3 baths1,574 sq. ft.14601 Del Playa, Panorama City, CA 91402
MLS# WS26135076Listed by: TRAVIS ELY - Open Tue, 11am to 2pmNew
$1,595,000Active3 beds 3 baths1,987 sq. ft.6830 Cahuenga Park Trail, Los Angeles, CA 90068
MLS# 26850325Listed by: KELLER WILLIAMS REALTY LOS FELIZ - Coming SoonOpen Sun, 12 to 3pm
$763,000Coming Soon4 beds 3 baths9300 Burnet Avenue #122, North Hills, CA 91343
MLS# PW26135194Listed by: BALBOA REAL ESTATE INC.