Stacey Alysson Melman

1930 S La Salle AV Los Angeles CA 90018 MLS #26836809

1930 S La Salle AV
Los Angeles, CA, 90018
$2,100,000
11 Beds
11 Baths
7,420 SqFt
0.23 Acres
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MLS #26836809 image #0
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.
AGENT: Jenny Yu
LISTING BROKERAGE: Keller Williams Realty Los Feliz
1930 S La Salle AV
Los Angeles, CA

Property Details

Price:
$2,100,000
MLS #:
26836809
Status:
Active
Beds:
11
Baths:
11
Type:
Single Family
Neighborhood:
c16midlosangeles
Listed Date:
Jun 4, 2026
Finished Sq Ft:
7,420
Total Sq Ft:
7,420
Lot Size:
9,934 sqft / 0.23 acres (approx)
Year Built:
1922
CraftsmanC16 – Mid Los AngelesC16midlosangelesNone
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Schools

Interior

Appliances
RF, OV
Flooring
LAM, CARP
Heating
WL
Interior Features
CF
Laundry Features
NO
Levels
S

Exterior

Architectural Style
CRF
Parking Spots
10
Parking Total
10
View
NO

Financial

Gross Operating Income
$15,670
Net Operating Income
$122,777

Map

Community

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