2822 S La Salle Ave , Los Angeles, CA 90018
$1,625,000
Est. Payment: $8,205.77/mo
10 Bed
6 Bath
4320 Sqft
Status: active | Days on site: 124
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House 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.

Highlights

Listed by Scott Goshorn , 310-696-9046 Rodeo Realty , 310-724-7100. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.15

Year Built

1913

County

Los Angeles

Area

C16 - Mid Los Angeles

Listing ID

26665641

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:6
  • Full Bathrooms:0

Exterior Features

Lot:No Land Lease
Garage Capacity:4
Zoning:LAR1
Others:2+ Total Units,Has ADU
Principal Interest
$8,206
Taxes
$1,036

Home Price

$1,625,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$325,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,205.77

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,205.77 $1,035.94 $0.00 $9,241.71
Yearly $98,469.28 $12,431.25 $0.00 $110,900.53
Total $2,954,078.34 $372,937.50 $0.00 $3,327,015.84

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-08-10T08:37:42.000Z

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