Los Angeles, CA 90057,248 S Occidental Boulevard
Los Angeles, CA 90057,248 S Occidental Boulevard
Los Angeles, CA 90057,248 S Occidental Boulevard
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Listed by Young Hong • New Star Realty & Investment
$4,990,000
Est. payment /mo
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18,654 SqFt
Active

248 S Occidental Boulevard Los Angeles, CA 90057

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 18,654 sqft

Price per Sqft $267

MLS Listing ID CRSR25042067

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1962

Lot Size 9,945 Sqft

Property Sub-Type Other

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!

Location

State CA

County Los Angeles

Interior

Fireplace No

Laundry Community Facility

Building

Lot Description Other

Water Public


Bay East AOR and Contra Costa AOR

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agent

Max Manatt

Agent | License ID: 01957416

+1(925) 980-3375

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248 S Occidental Boulevard