248 Occidental, Los Angeles CA 90057 | $4,990,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 9945 Lot Sq Ft
  • Type: Apartment
  • Stories: 3
  • Year Built: 1962
  • MLS#: SR25042067
  • Community: 699 - Not Defined

Listing provided courtesy of Young Hong of New Star Realty & Investment. Last updated 2025-04-30 08:14:14.000000. Listing information © 2025 SANDICOR.

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!

More Details

0.23 Acres
3 Stories

Catherine Black

Call or Text: 619.788.3056