For sale
  • Listing Provided by: 

    Young Hong DRE #01967916 213-820-0218,

    New Star Realty & Investment

    Price cut: $260K (4/3)
    $4,990,000

    248 S Occidental Blvd, Los Angeles, CA 90057

    --beds
    --baths
    18,654sqft
    : 
    Multi Family
    Built in 1962
    -- sqft lot
    $4,760,300 Zestimate®
    $268/sqft
    $-- HOA

    What's special

    Three-bedroom penthouseSpacious unitsTwo-bedroom unitPrivate outdoor space
    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!
    107 days
    on Zillow
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    26
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