Income Home for Sale in Los Angeles, California

1930 S La Salle Avenue, Los Angeles, California 90018, US

$ 2,000,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 2,000,000
  • MLS ID: 26836809
  • Property Type: Income Home
  • WEB ID: PR03632068
  • Property Status: Active
  • Lot Size: 9,934sqft

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 2,000,000
  • MLS ID: 26836809
  • Property Type: Income Home
  • WEB ID: PR03632068
  • Property Status: Active
  • Lot Size: 9,934sqft
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.

Additional Features

  • Wall Furnace
  • Multi/Split
  • None
  • Parking spaces: 10.00
  • Listing Status: Active
  • Listing Agent: Jenny Yu (lic# 01270838) of Beverly Hills/Greater LA
  • Listing Office: Keller Williams Realty Los Feliz (lic# 01430290)
  • Based on information from CRISNet MLS as of 7th August 2026 at 11:04am. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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