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About This Home
This 11-bedroom, 11-bathroom residential multi family at 1930 S La Salle Ave in Los Angeles, CA is listed for $2,100,000 ($283 per sqft). Built in 1922, the home offers 7,420 sqft of living space on a 0.23 acres lot.
Located in the heart of Los Angeles, this rare investment opportunity consists of two well-maintained apartment buildings: 1930 S. La Salle Ave featuring 8 units totaling approximately 4,444 SF, and 1935 Cordova St featuring 3 units totaling approximately 2,976 SF.
The property also includes 7 garage parking spaces plus 2 additional uncovered parking spaces, providing valuable convenience for tenants in this highly desirable urban location. Despite the vintage character of the buildings, the property has been carefully maintained over the years and features a newer roof, stable occupancy, and strong long-term tenancy.
With no current vacancies, this asset offers immediate and consistent cash flow while still presenting significant rental upside potential for investors seeking future income growth. Two of the units are Section 8 tenants, adding additional income stability.
Situated in a quiet residential neighborhood with excellent access to the 10 and 110 Freeways, the property offers outstanding convenience to Downtown Los Angeles, Koreatown, USC, shopping, dining, and major employment centers. The location continues to attract long-term renters due to its central accessibility and neighborhood appeal.
The property is known for its friendly, cooperative long-term tenants and easy day-to-day management. Tenant occupancy remains strong, and pride of ownership is evident throughout the property. Please do not disturb tenants. Tenants are not aware of the sale. Drive-by only. Property to be sold in its current "as-is" condition.
Key Features
- Built in 1922
- 0.23 acre lot
- 10 parking spaces
Property Details
Monthly Cost Estimate
$11,231/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1930 S La Salle Ave
Los Angeles, CA 90018
Property Details
Flooring
Parking
Cooling
Appliances
Questions & Answers
This 11-bedroom, 11-bathroom residential multi family at 1930 S La Salle Ave is listed at $2,100,000 ($283/sqft). The estimated monthly payment is $9,100 based on 20% down at 6.5% interest.
Key features include: Built in 1922, 0.23 acre lot, 10 parking spaces.
This property is listed by Jenny Yu and can be reached at 2133993303 or jennyyure@gmail.com.
