Fabrication of aluminum alloy components by traditional high-pressure die casting (HPDC) requires cost- and time-consuming tooling of steel dies, which makes HPDC uneconomic for producing low-volume components or prototypes. In comparison, powder bed-based additive manufacturing, e.g. selective laser melting (SLM), enables rapid prototyping and production of even complex-shaped components directly from computer-aided design models without needing expensive tools. However, SLM prototype components must have almost identical mechanical properties to HPDC serial components in order to emulate their functionality under different load conditions. In this work uniaxial tensile properties of cast alloy AlSi10MnMg (EN AC-43500) in condition T7, i.e. with 120-170 MPa yield stress, 200-240 MPa tensile strength and 9-12 % strain at fracture, shall be attained using selective laser melting of powder alloy AlSi10Mg (EN AC-43000). These properties were achieved by tailored heat treatment. Furthermore, the effect of hot isostatic pressing (HIP) was investigated. The results of the tensile tests confirmed the basic feasibility of substituting HPDC components with SLM components for prototyping. In particular, similar tensile strength and uniform strain were achieved for SLM samples in condition O, i.e. for SLM samples which were only annealed.