Property Detail

248 Occidental

Los Angeles CA 90057

$4,990,000

Status: Active

Property Details

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!

Map Location

Listing provided courtesy of Young Hong of New Star Realty & Investment. Last updated 2025-07-21 08:11:21.000000. Listing information © 2025 CRMLS.

John Collins

John Collins

DRE# 01948188
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