4
See all 4 photos
Listed by Young Hong • New Star Realty & Investment
$4,990,000
Est. payment /mo
9,945 Sqft Lot
Active
248 S Occidental BLD Los Angeles, CA 90057
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSR25042067
Year Built 1962
Lot Size 9,945 Sqft
Source California Regional MLS
Property 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!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry Community Facility
Exterior
Garage Spaces 24.0
Pool None
Building
Water District - Public
Others
Tax ID 5155013008
Special Listing Condition Not Applicable
© 2025 MLSListings Inc. All rights reserved.