Property photo 1
Property photo 2
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 typeCondominium
Listed by Young Hong CA DRE# 01967916 with New Star Realty & Investment 213-820-0218

Overview

Active

Listed Oct 4, 2026

Updated 25h 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
SR26216020

Interior Features

Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Maintenance Expense
$9,000
Garage
Yes
55+/Senior Community
No

Also listed on MLSLISTINGS

MLS provider logo

Listed by Young Hong CA DRE# 01967916 with New Star Realty & Investment 213-820-0218

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/6/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/6/2026 at 4:07 AM UTC Last Checked: 4:07 AM UTC

 

 

Powered by Luxury Presence