Listing provided courtesy of Young Hong of New Star Realty & Investment. Last updated 2025-12-05 09:11:21.000000. Listing information © 2025 CRMLS.

Asking Price: $4,890,000

248 Occidental, Los Angeles CA 90057

Community: ​699 - Not Defined

Status: Active


This Apartment property was built in 1962 and is priced at $4,890,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: 407032137
  • Type: Apartment
  • Year Built: 1962
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. CAP 5.49% Don’t miss the chance to capitalize on this prime investment opportunity!

Call or Email AK Luxury Properties now to inquire about this property

424-345-1600