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Listed by: Young Hong (213) 820-0218 DRE #01967916 | New Star Realty & Investment (661) 964-0600
$3,900,000
Monthly Est:$19,412
6 Beds
-- Bath
18,654sqft
248 S Occidental, Los Angeles, CA 90057
$3,900,000
$19,412/moEst:
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Apartment
Built in 1962
$-- HOA
9,945 sqft lot
$209/sq.ft
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!
- Houzeo last checked: 11 minutes ago
- Listing updated: October 5, 2026 at 12:17 pm
- Source: California Regional MLS-CA | MLS#: SR26216020
Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
18,654 sqft
Lot Size
9,945 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR26216020
MLS Status
Active
Days on Market
4
Cumulative Days on Market
1
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 6
Bathroom: --
Interior
Sewer
Public Sewer
Utilities & Energy
Pool Features
None
Water Source
Public
Laundry Features
Common Area
Other Features
Community Features
Sidewalks
Lot Features
Twenty One To Twenty Five Units Acre
Price History
| Date | Event | Price |
|---|---|---|
10/04/2026 Source: | Off Market | $3,900,000 +8.33% $209/sqft |
07/13/2026 Source: | Price Decreased | $3,600,000 -5.26% $193/sqft |
05/14/2026 Source: | Price Decreased | $3,800,000 -13.44% $204/sqft |
04/01/2026 Source: | Price Decreased | $4,390,000 -0.23% $235/sqft |
02/23/2026 Source: | Price Decreased | $4,400,000 -2.22% $236/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 08:00AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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