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$5,250,000

Beds
Unknown
sq ft
Unknown

248 S Occidental Blvd, Los Angeles, CA 90057

248 S Occidental Blvd

Los Angeles, CA 90057

  • 32 days on market
Prime Investment Opportunity in Los Angeles! This 21-unit apartment building offers an exceptional investment opportunity in a highly sought-after area. The property features a well-rounded mix of spacious units, including 19 one-bedroom apartments, one two-bedroom unit, and a unique three-bedroom penthouse on the rooftop with its own private outdoor space, perfect for commanding top-tier rents. Located in a high-demand neighborhood, the building enjoys a strong occupancy rate and a steady stream of rental income. Tenants benefit from the convenience of nearby shopping, dining, and public transportation, enhancing the appeal of the property for long-term renters. With considerable potential for value-add improvements and rent growth, this asset offers a lucrative opportunity for investors seeking both stable cash flow and future appreciation. Don’t miss the chance to capitalize on this prime investment opportunity!

Details

Property type

Apartment

Lot size

9,945 sq ft

Price per sq ft

Unknown

Year built

1962

Price History

02/26/2025
CRMLS

CRMLS #SR25042067

Listed
$5,250,000

Schools & Community

Neighborhood: 

Westlake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

Status: Active

Tomo last checked: 03/31/2025 at 7:35 AM

Listing updated: 02/26/2025 at 12:24 PM

Listed by: Young Hong, Young Hong, New Star Realty & InvestmentNew Star Realty & Investment Phone #: (661) 964-0600

MLS: CRMLS #SR25042067

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