$1,799,000

For Sale

A month ago

2822 S La Salle Ave, Los Angeles, CA

Name: 2822 S La Salle Ave, For Sale in Los Angeles - eXp Realty
Brand: Rodeo Realty
SKU: 26665641
Price: 1799000 USD

House

MLS® 26665641

4 Bed

4 Bath

4320 sqft

4 Parking

Key Facts
Description
Map

Key Facts

Type

Levels Residential Income

Size 4320 sqft

Garage

Taxes

Days Active 29

Lot Size

Approx. Age 1913

Avg. Price Per Sqft $416

MLS® Number 26665641

Property Address: 2822 S La Salle Ave, Los Angeles, CA, 90018

Average square foot calculated using Size range provided by listing 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 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.

MLS® Number26665641

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1913

Basement

DrivewayNone

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 26, 2026List Date

$1,799,000List Price

Home Appraisal

This property is estimated to sell between: $959,000 and $2,219,000.

Similar properties in this area sold on average for: $959,800

Expected to sell in 12 days. Similar properties sold in 41 days. This home has been on eXp Realty for 29 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

Commute

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Starting Address

Destination Address

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