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2641 S La Salle Ave, Los Angeles, CA 90018

Sale Price: $1,510,000
Oct 30, 20245,662 sqft10 beds8 baths
Listed by: John Swartz
License #: 01873487
Phone #: 310-779-9929
Compass
Source:
CRMLS Logo
MLS #: 24458199

Property Description

2641 S La Salle Avenue, located in the sought-after West Adams neighborhood. This well-maintained property consists of eight spacious units: six (1 bed + 1 bath) and two (2 bed + 1 bath). Residents benefit from convenient amenities, including covered parking and on-site laundry facilities. This property represents a compelling value-add investment with a potential rental upside of + 45% without the addition of an Accessory Dwelling Unit (ADU) and + 58% with the inclusion of a studio ADU. Additionally, two of the units will be delivered vacant. The 5,662 sq. ft. building is situated on a +/- 7,500 sq. ft. lot, making it a prime investment in a dynamic and growing area. Residents of 2641 S La Salle Avenue benefit from the property's central location, offering easy access to major employment hubs and convenient connectivity to the broader Los Angeles area. The building is strategically situated near the 10 and 110 Freeways, providing seamless commutes to Downtown Los Angeles, CulverCity, and other key areas. This prime location ensures that residents are never far from work, entertainment, shopping, and dining, making it an attractive choice for those seeking both convenience and a vibrant urban lifestyle.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,256

TurboHome Estimated Value

$1,462,700

$258 sqft

High Valuation
$1,535,835
$271/sqft
Normal Valuation
$1,462,700
$258/sqft
Low Valuation
$1,389,565
$245/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$258/sqft$1,462,700

Neighborhood: South Los Angeles

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Comparative Value

$1.46M

$1.51M

$1.57M

1409 Arlington Ave, Los Angeles, CA 90019

Sale Price: $1,460,000

Selected Comparable

2641 S La Salle Ave, Los Angeles, CA 90018

Sale Price: $1,510,000

Selected Comparable

2641 S La Salle Ave, Los Angeles, CA 90018

List Price: $1,575,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
2641 S La Salle Ave, Los Angeles, CA 90018

2641 S La Salle Ave, Los Angeles, CA 90018

List: $1,575,000

Listed: 10/30/2024

Area:5,662 sqft
Price/sqft:$278
Beds:10
Baths:8
Year Built:
Lot Size:7,502

Comparable Properties

COMPARABLE
Choose comps
2641 S La Salle Ave, Los Angeles, CA 90018

2641 S La Salle Ave, Los Angeles, CA 90018

Sale: $1,510,000

12/2/20240.00 mi

Area:5,662 sqft
Price/sqft:$267
Beds:10
Baths:8
Year Built:
Weight:62.3%
1409 Arlington Ave, Los Angeles, CA 90019

1409 Arlington Ave, Los Angeles, CA 90019

Sale: $1,460,000

11/19/20241.22 mi

Area:5,797 sqft
Price/sqft:$252
Beds:9
Baths:9
Year Built:
Weight:37.7%

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