Property photo 1
Property photo 2
24 Beds
0 Baths
18,654 sqft

$3,900,000

248 S Occidental, LOS ANGELES CA, 90057

Price per sqft$209.07
Built in1962
Property size18,654 sqft
Property typeMulti-family

Overview

Active

Listed Oct 4, 2026

Updated 4h ago

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!

$25,947/mo

Est. mortgage payment based on a $3,900,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
SR26216020MR

Interior Features

Bedrooms
24
Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Maintenance Expense
$9,000
Garage
Yes

Listed by Young Hong with New Star Realty & Investment
Listing Contact: 213-820-0218 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Sandro Dazzan shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/4/2026

.     

Powered by Luxury Presence