$2,100,000
Est. payment /mo
11 Beds
11 Baths
7,420 SqFt
New
1930 S La Salle AVE Los Angeles, CA 90018
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,420 sqft
Price per Sqft $283
MLS Listing ID 26836809
Bedrooms 11
HOA Y/N No
Year Built 1922
Lot Size 9,936 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LAR2
Interior
Interior Features Ceiling Fan(s)
Heating Wall Furnace
Flooring Carpet, Laminate
Fireplaces Type None
Fireplace No
Appliance Oven, Refrigerator
Laundry None
Exterior
Parking Features Uncovered
View Y/N No
View None
Total Parking Spaces 10
Building
Entry Level Multi/Split
Sewer Other
Architectural Style Craftsman
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5074027002
Financing Cash
Special Listing Condition Standard
Listed by Jenny Yu Keller Williams Realty Los Feliz #01270838
NEARBY SCHOOL & BUSINESS
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