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!
Sewer: Public Sewer
Water Source: Public
# of Garage Spaces: 24.00
# of Parking Spaces: 24.00
Lot Features: Rectangular Lot
Parcel Identification Number: 5155013008
Year Built Source: Assessor
Common Walls: No Common Walls
Laundry Features: Community
Laundry: Has Laundry
Zoning: LAR4
MLSAreaMajor: 699 - Not Defined
Street Address: 248 S Occidental Boulevard
City: Los Angeles
State: California
Postal Code: 90057
County: Los Angeles
MLS Number: SR25042067
Year Built: 1962
Courtesy of New Star Realty & Investment
City: Los Angeles
State: California
Postal Code: 90057
County: Los Angeles
MLS Number: SR25042067
Year Built: 1962
Courtesy of New Star Realty & Investment
Courtesy of The Beverly Hills Estates
