Listing provided courtesy of Young Hong of New Star Realty & Investment. Last updated 2025-04-21 08:11:31.000000. Listing information © 2024 Sandicor.
Asking Price: $4,990,000 |
248 Occidental, Los Angeles CA 90057
Community: 699 - Not Defined
This Apartment property was built in 1962 and is priced at $4,990,000. Please see the additional details below.
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!