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About This Home

This 4-bedroom, 4-bathroom residential multi family at 2822 S La Salle Ave in Los Angeles, CA is listed for $1,799,000 ($416 per sqft). Built in 1913, the home offers 4,320 sqft of living space on a 0.14 acres lot.

Agent 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 pe

r 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.

Key Features

  • Built in 1913
  • 0.14 acre lot
  • 2 stories
  • 4 parking spaces

Property Details

2 stories
6 full
4 spaces
1913

Monthly Cost Estimate

$9,621/mo

20% down · 6.5% · 30 years

Principal$1,301
Interest$7,796
Insurance$525

Estimates only. Actual payments may vary.

Location

2822 S La Salle Ave

Los Angeles, CA 90018

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 2822 S La Salle Ave is listed at $1,799,000 ($416/sqft). The estimated monthly payment is $7,796 based on 20% down at 6.5% interest.

Key features include: Built in 1913, 0.14 acre lot, 2 stories, 4 parking spaces.

This property is listed by Scott Goshorn and can be reached at 3106969046 or Listings@scottgoshorn.com.

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SG

Scott Goshorn

Agent at Rodeo Realty

(310) 696-9046

Listed by Rodeo Realty

MLS# 26665641· Source: listhub· Updated 15 days ago

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2822 S La Salle Ave, Los Angeles, CA 90018

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