Properties

Los Angeles, CA 90018 2822 S La Salle Avenue

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Presented By: Scott Goshorn with Rodeo Realty;
  • MLS# 26665641
  • 03/26/2026
  • Get pre-approved
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  • Beds • 4
  • Baths • 1
  • SQFT • 4,320

Home Details

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.
Presented By: Scott Goshorn with Rodeo Realty;

Interior Features for 2822 S La Salle Avenue

Bedrooms

Total Bedrooms4

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

Air Conditioning Y/NNo
Common Walls1 Common Wall
Heating Y/NYes
Total Stories2

General for 2822 S La Salle Avenue

Cap Rate5.38
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsLa Salle Ave, between Jefferson and Adams.
Facing DirectionWest
Full Baths
Gross Income8511
HOANo
HeatingWall Furnace
Land Lease Y/NNo
LevelsTwo
Living Area4320
Lot Size Square Feet6317
Lot Size UnitsSquare Feet
MLS AreaC16 - Mid Los Angeles
Net Operating Income96832.39
New ConstructionNo
Number Of Units Total4
Open Parking Spaces4
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Year Built1913
Year Built SourceAssessor
ZoningLAR1

Exterior for 2822 S La Salle Avenue

Building Area Total4320
Lot Size Acres0.145
Lot Size Area6317
Number of Buildings1
Parking FeaturesNone
Private PoolNo
Total Parking4

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,799,000
MLS#26665641
List Date 03/26/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
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Request Info
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