Fully Occupied Four-Unit
2822 S La Salle Ave Los Angeles, CA 90018
2822 S La Salle Ave, Los Angeles, CA, 90018
$1,699,000
For Sale
$1,699,000
MULTI_FAMILY - Los Angeles, CA
Property Size4,320 SF
Lot Size0.15 Acres
Price / SF$393.29
Days on Market117
Property Features for 2822 S La Salle Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- LAR1
- Bedrooms
- 10
- Bathrooms
- 6
- Rooms
- Bedroom 4, Bedroom 8, Bedroom 1, Bathroom 4, Bathroom 5, Bedroom 7, Bedroom 6, Bedroom 10, Bathroom 3, Bathroom 6, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 9, Bedroom 3, Bedroom 2
- Parking
- 4
- Standard status
- Active
- APN
- 5053-021-011
- Size
- 4,320 SF
- Lot size
- 0.15 Acres
Building Details
- Year built
- 1913
- Floors in Building
- 2
- Number of units
- 4
Listing Agency
Rodeo Realty
(310) 724-7100
202 N Canon Dr., Beverly Hills, CA
Listed by
Scott Goshorn · License #01964409
(310) 696-9046
Added: Mar 26 Checked: Jul 20 at 10:06 am
MLS# 26665641
Listing URL
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Investment Insights
Based on property information with market context.
2822–2824 S. La Salle Ave is a four-unit quadplex presented for sale fully occupied, providing in-place rental income. The building includes a unit mix of spacious 2- and 3-bedroom residences, all described as well maintained, with two units updated in recent years. The property is positioned for operational stability with consistent collections and long-term tenancy.
Set on an approximately 6,315 square-foot lot, the asset is located in South Los Angeles near USC, Exposition Park, Downtown LA, and major transit corridors. The listing describes the surrounding area as a centrally located rental corridor with access to major employment hubs, universities, public transportation, and ongoing neighborhood investment.
From an investor ownership standpoint, the offering is described as generating approximately $8,500 per month with an estimated NOI of approximately $96,832 based on current operations, equating to an approximate 5.4% cap rate for a self-managed owner. Buyer should verify all zoning, use, density, and any ADU potential, as the listing notes that California’s evolving ADU regulations may present opportunities for additional units subject to city approval and site-specific feasibility. The combination of current occupancy, stated in-place income, and the potential for future options makes this a straightforward stabilized multifamily acquisition.
Set on an approximately 6,315 square-foot lot, the asset is located in South Los Angeles near USC, Exposition Park, Downtown LA, and major transit corridors. The listing describes the surrounding area as a centrally located rental corridor with access to major employment hubs, universities, public transportation, and ongoing neighborhood investment.
From an investor ownership standpoint, the offering is described as generating approximately $8,500 per month with an estimated NOI of approximately $96,832 based on current operations, equating to an approximate 5.4% cap rate for a self-managed owner. Buyer should verify all zoning, use, density, and any ADU potential, as the listing notes that California’s evolving ADU regulations may present opportunities for additional units subject to city approval and site-specific feasibility. The combination of current occupancy, stated in-place income, and the potential for future options makes this a straightforward stabilized multifamily acquisition.
Key Highlights
- Fully occupied, income‑producing four‑unit property at 2822–2824 S. La Salle Ave
- 100% occupancy with in‑place income of approximately $8,500/month
- Estimated NOI of approximately $96,832, about a 5.4% cap rate (based on current operations and self‑managed ownership)
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four-unit income property with 100% occupancy and in-place monthly rent near major South Los Angeles transit corridors.
Where is this quadplex located?
The property is located at 2822 S La Salle Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Fully occupied, income‑producing four‑unit property at 2822–2824 S. La Salle Ave; 100% occupancy with in‑place income of approximately $8,500/month; Estimated NOI of approximately $96,832, about a 5.4% cap rate (based on current operations and self‑managed ownership)
