248 S Occidental BLVD Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90057
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 18,654 sqft
Price per Sqft $267
MLS Listing ID SR25199026
HOA Y/N No
Year Built 1962
Lot Size 9,944 Sqft
Acres 0.2283
Property Sub-Type Apartment
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
Area 699 - Not Defined
Zoning LAR4
Interior
Laundry Community
Exterior
Garage Spaces 24.0
Pool None
Community Features Sidewalks
Private Pool No
Building
Lot Description 26-30 Units/Acre
Story 4
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
TERMS 1031 Exchange,Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Drive-byonly.Donotcontactoccupant.Showingsavailablewithacceptedoffer. DRIVING DIRECTIONS: Google