248 S. Occidental Blvd., Los Angeles, CA 90057 - SR25042067 - iPro Real Estate

248 S. Occidental Blvd.
Los Angeles, CA 90057

Active, Multi-Family/Income Sale

New Listing
For Sale

$5,250,000 $527.96 per sqft

Free Professional CMA

Listing ID : SR25042067

  • Beds

    6
  • Lot Size

    9,944 Sqft

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. Dont miss the chance to capitalize on this prime investment opportunity!

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5155013008
Cap Rate: 5% 
Net Operating Income: $265,057 
Days on Market: 1 
Number of Units: 21 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

Show More

Interactive

34.067863 -118.28154 $5,250,000 SR25042067
248 S. Occidental Blvd., Los Angeles, CA 90057
Directions to here from:

Mortgage Calculator

Listed by Young Hong with New Star Realty & Investment