2822 S La Salle Avenue, Los Angeles, CA 90018

• 10 beds
• 4,320 sqft

Property 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 ci

Listing Status:

Active

Date Added:

March 26, 2026

Data Last Updated:

April 1, 2026 at 11:09PM

Listing Office:

Rodeo Realty : 310-724-7100

Listing Agent:

Scott Goshorn : 310-696-9046

MLS ID:

CL26665641

Interior

• A/C: No Air Conditioning
• Heating: Wall Furnace

Exterior

• Parking: Parking spaces: 4

Location

• County: Los Angeles

Lot

• Zoning: LAR15053021011