2822 S La Salle Avenue, Los Angeles, CA 90018

Multi-Family · For sale · $1,699,000 · MLS# 26665641

Multi-Family for sale in Southern California — $1,699,000. 10 beds · 6 baths · 4,320 sqft. 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…

2822 S La Salle Avenue
For sale

$1,699,000

2822 S La Salle Avenue, Los Angeles, CA 90018

10beds
6baths
4,320sqft
Multi-FamilyProperty type
1913Year built
6,317 sqft lotLot size
4,320 sqftLiving area
$393/sqftPrice / sqft
HOA
4 spacesParking

Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 10
  • Bathrooms: 6

Heating

  • Heating: Wall Furnace

Cooling

  • Cooling: None

Interior area

  • Living area: 4,320 sqft

Property

Parking

  • Total parking spaces: 4

Lot

  • Lot size: 6,317 sqft

Features

  • Pool features: None

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1913

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 114 days
  • Price / sqft: $393
  • Status: Active
  • MLS#: 26665641

Location

  • City: Los Angeles
  • ZIP: 90018

About this home

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.

Listing updated: July 19, 2026 at 9:47 AM

Listed by: Scott Goshorn, Rodeo Realty

Source: CRMLS, MLS#: 26665641, Originating MLS: California Regional MLS

Location

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Los Angeles

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Facts & features

Interior

Bedrooms & bathrooms

  • Bedrooms: 10
  • Bathrooms: 6

Heating

  • Heating: Wall Furnace

Cooling

  • Cooling: None

Interior area

  • Living area: 4,320 sqft

Property

Parking

  • Total parking spaces: 4

Lot

  • Lot size: 6,317 sqft

Features

  • Pool features: None

Construction

Type & style

  • Home type: Multi-Family

Condition

  • Year built: 1913

Community & HOA

Community

  • Has HOA: No

Financial & listing details

  • Days on market: 114 days
  • Price / sqft: $393
  • Status: Active
  • MLS#: 26665641

Location

  • City: Los Angeles
  • ZIP: 90018

Price history

DateEventPrice
5/27/2026Source: CRMLS, #26665641Price change$1,699,000$393/sqft-2.9%
3/26/2026Source: CRMLS, #26665641Listed for sale$1,749,000$405/sqft
California Regional Multiple Listing Service (CRMLS)

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-07-19 09:47:38 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information