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.
Property Details
Price:
$1,799,000
MLS #:
26665641
Status:
Active
Beds:
4
Baths:
4
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Mar 26, 2026
Finished Sq Ft:
4,320
Total Sq Ft:
4,320
Lot Size:
6,317 sqft / 0.15 acres (approx)
Year Built:
1913
See this Listing
Schools
Interior
Cooling
NO
Heating
WL
Levels
U
Exterior
Common Walls
_1CW
Direction Faces
W
Parking Spots
4
Parking Total
4
Financial
Map
Community
- Address2822 S La Salle AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Apr 11, 2026
7,943
Single Family Listed
85
Avg DOM
512
Avg $ / SqFt
$1,528,122
Avg List Price
Property Summary
- 2822 S La Salle AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90018. It is listed for $1,799,000 and features 4 beds, 4 baths, and has approximately 4,320 square feet of living space, and was originally constructed in 1913. The current price per square foot is $416. The average price per square foot for Single Family listings in Los Angeles is $512. The average listing price for Single Family in Los Angeles is $1,528,122.
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