1930 S La Salle Avenue
Property Overview
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.
Home Details
- Property type
- Residential Income
- Year built
- 1922
- Living area
- 7,420 sq ft
- Lot size
- 9,934 sq ft
- Parking
- 10 spaces
- Days on market
- 64
- MLS status
- Active
- Architectural style
- Craftsman
- Zoning
- LAR2
Features & Amenities
Interior
- Ceiling Fans
Appliances
- Oven
- Refrigerator
Parking
- Uncovered
Community, Schools & Utilities
Community
- View
- None
Utilities
- Heating
- WallFurnace
- Sewer
- Other
Location & Neighborhood
Frequently Asked Questions About 1930 S La Salle Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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