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For SaleLuxury

$3,900,000

9,945 sqft$392/sqft35 days on market

248 S Occidental Blvd

Los Angeles, CA 90057

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

9,945

Square feet

1962

Built

Listing narrative

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!

Listing agent (MLS): Young Hong · Listing brokerage (MLS): New Star Realty & Investment

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,900,000

Beds

Beds n/a

Type

Condo

Home Size

9,945 sqft

Baths

Baths n/a

Lot Size

0.23 acres

Year

1962

Status

For Sale

Days on Market

35

$ / Sqft

$392

· 8% down, 7% APR, 30yr fixed
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Courtesy of New Star Realty & Investment