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$3,900,000

FOR SALE
Active

248 S Occidental

Los Angeles, CA

MLS# SR26216020

Apartment
33 days on marketNalren refreshed

Listing Agent

Young Hong

Listing Agent

New Star Realty & Investment

DRE #: 01967916

(213) 820-0218

Brokerage: New Star Realty & Investment

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1962

Year Built

0.23 acres

Lot Size

N/A

Price/Sq Ft

24

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

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!

Facts & Features

Interior

Laundry Features
Community Laundry

Exterior

Private Pool
No
Lot Features
Twenty One To Twenty Five Units Acre

Building

Year Built
1962
Building Area Total
18,654
Stories Total
3

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
24
Parking Total
24

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