248 S Occidental, Los Angeles, CA 90057

Los Angeles
Local realty services provided by:ERA Donahoe Realty
248 S Occidental,Los Angeles, CA 90057
$3,900,000
  • - Beds
  • - Baths
  • 18,654 sq. ft.
  • Multi-family
  • Active
Listed by: young hong
Office: new star realty & investment661-964-0600
MLS#:SR26216020
Source:CRMLS

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$209.07

About this home

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!

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Home facts

  • Year built:1962
  • Listing ID #:SR26216020
  • Added:1 day(s) ago
  • Updated:October 05, 2026 at 07:28 PM

Rooms and interior

  • Living area:18,654 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:18,654 sq. ft.
  • Lot area:0.23 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,900,000
  • Price per sq. ft.:$209.07

Parking

  • Total parking spaces:24
  • Garage:Yes
  • Garage spaces:24
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