$3,900,000
 $20,936 est/mo Sourced by Back At You

248 S Occidental,Los Angeles, CA 90057

Los Angeles, CA 90057

Share:

PreviousNext

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!

Details

MLS #SR26216020
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1962
Days On Site17
Listing Provided ByNew Star Realty & Investment | Young Hong

Features

SQ Feet18,654
Garage24
Story(s)3
Units21
Building(s)1
Acreage0.23

Exterior

Lot FeaturesTwenty One To Twenty Five Units Acre

Parking

Garage Yes / NoYes

Utilities

SewerPublic Sewer

Location

Community FeaturesSidewalks

Area Information

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90057
Area699 Not Defined
Listing VS Median (in 90057)
Price:
$3,900,000
low | high
Med:
$471,150
100% of Average
sqft:
18,654
low | high
Med:
1,018
100% of Average
$ / sqft:
$209
low | high
Med:
$465
72.32530534221% of Average
On site:
17
low | high
Med:
68.5
24.817518248175% of Average
Sourced by Back At You

Market Activity 90057

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Desert Lifestyle Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Contact

Learn More About This Property

Jean Iovino

Jean Iovino

Desert Lifestyle Properties

02007087 (630) 333-7878jeansellsdesertlifestyle@gmail.com
StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90057
Area699 Not Defined
Listing VS Median (in 90057)
Price:
$3,900,000
low | high
Med:
$471,150
100% of Average
sqft:
18,654
low | high
Med:
1,018
100% of Average
$ / sqft:
$209
low | high
Med:
$465
72.32530534221% of Average
On site:
17
low | high
Med:
68.5
24.817518248175% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.925M - $4.875M
sqft: 13,500 - 23,000
Nearby Listings Property ImageNearby Listings Details
138 S Westmoreland Avenue Property Photo 1
$3,400,000
138 S Westmoreland Avenue
Los Angeles, CA 90004
Listing Updated: October 5, 2026 at 4:23:27 AM PDT