248 S Occidental, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

248 S Occidental

Los Angeles, CA 90057
9,945 Lot Sq Ft
Built 1962
$3,900,000

Property Overview

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!

Home Details

Property type
Residential Income - Apartment
Year built
1962
Lot size
9,945 sq ft
Parking
24 spaces
Garage
24 spaces
Stories
3
Days on market
1
MLS status
Active

Features & Amenities

Pool

  • None

Lot

  • Twenty One To Twenty Five Units Acre

Community, Schools & Utilities

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

248 S Occidental

Los Angeles, CA 90057

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Frequently Asked Questions About 248 S Occidental

Property type: Residential Income

The current asking price is $3,900,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 248 S Occidental. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1962. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Young Hong
MLS ID: SR175528316

Available property

$3,900,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.