4
See all 4 photos
$4,990,000
Est. payment /mo
18,654 SqFt
Active
248 S Occidental Boulevard Los Angeles, CA 90057
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 18,654 sqft
Price per Sqft $267
MLS Listing ID CRSR25042067
HOA Y/N No
Year Built 1962
Lot Size 9,945 Sqft
Acres 0.23
Property Sub-Type Other
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
Zoning LAR4
Interior
Fireplace No
Laundry Community Facility
Building
Lot Description Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 5155013008
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Young Hong • New Star Realty & Investment
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289