Property 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!

Features
: Community Facility
: Other
Address Map
CA
Los Angeles
Los Angeles
90057
248 S Occidental Boulevard
0
W119° 43' 27.1''
N34° 4' 35''
Google
MLS Addon
New Star Realty & Investment
Young Hong
younghong@newstarrealty.com
CR359943412
CR29286
: Public

Commercial Sale For Sale

248 S Occidental Boulevard, Los Angeles, California 90057

18,654 Sqft
$4,990,000
Listing ID #CRSR25042067
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : CRSR25042067
Price : $4,990,000
Square Footage : 18,654 Sqft
Year Built : 1962
Lot Area : 9,945 Sqft
Status : Active
Property SubType : Other
Agent info
Michael Roberts
Contact Agent