2822 South La Salle Avenue Los Angeles, CA $ 1,799,000
2822 South La Salle Avenue
$ 1,799,000
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2822 South La Salle Avenue

Los Angeles, CA, 90018
$ 1,799,000
Baths0.0 Sq 4,320

Monthly Estimate*

$ 11,077

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,799,000. This 4,320 square foot home was built in 1913 on a lot size of 0.15.

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.

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Multi-Family Active

Price

$ 1,799,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.15

Year Built

1913

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0026665641

Features
General
Living Area 4320.0
Sewer None
Heating Wall Furnace
Zoning LAR1
Year Built 1913
Levels Two
County Los Angeles
Net Operating Income 96832.39
New Construction No
Property Type C
HOA No
Facing Direction West
Status Active
City Los Angeles
Senior Community Y/N No
MLS Area C16 - Mid Los Angeles
Lot Size Units Square Feet
Lot Size Square Feet 6317.0
Property Attached Y/N Yes
Land Lease Y/N No
Standard Status Active
Year Built Source Assessor
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Exterior
Lot Size Area 6317.0
Foundation Details None
Pool Y/N? No
Building Area Total 4320.0
Lot Size Acres 0.15
Land Lease Type Fee
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Interior
Total Stories 2
Common Walls 1 Common Wall
Air Conditioning Y/N No
Heating Y/N Yes
Total Baths 0
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* Excluded Features
List By
Scott Goshorn

Listing Agent

Rodeo Realty

Broker

Affordability Calculator

$11,077
Per Month
100%
0%
0%
Monthly Principal & Interest
$11,077
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$1,799,000 Listed Price

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2822 South La Salle Avenue, Los Angeles, CA, 90018 is a Multi-Family Home for sale at $1,799,000 with 4,320 sqft and a lot size of 0.15. 2822 South La Salle Avenue is a studio with 0.0 baths and was built in 1913. The property's zip code is 90018 which is in Los Angeles, CA