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Listed by: Young Hong (213) 820-0218 DRE #01967916 | New Star Realty & Investment (661) 964-0600
$3,600,000
6 Beds
4 Baths
--sqft
248 S Occidental, Los Angeles, CA 90057
$3,600,000
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Apartment
Built in 1962
$-- HOA
9,945 sqft lot
--/sqft
Description
High-Performing 21-Unit Asset in Prime Los Angeles — CAP 6% and First Time on the Market in 20 Years!
This rare offering delivers strong in-place income with a solid 6% CAP rate in one of Los Angeles’ most desirable rental markets. The property features a balanced and attractive unit mix: nineteen one-bedroom units, one two-bedroom unit, and a standout three-bedroom rooftop penthouse with its own private outdoor space—ideal for commanding premium rents.
Located in a high-demand neighborhood, the building enjoys consistently strong occupancy and stable rental income, supported by immediate access to shopping, dining, and public transit. With room for value-add upgrades...
- Houzeo last checked: 56 minutes ago
- Listing updated: July 14, 2026 at 3:28 am
- Source: California Regional MLS-CA | MLS#: SR25268861
Property Details
Status
Active
Type
Multi Family
No. of Stories
4
County
City
Neighborhood
--
Year Built
1962
HOA Fees
-
Finished Area
- sqft
Lot Size
9,945 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
SR25268861
MLS Status
Active
Days on Market
231
Cumulative Days on Market
491
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
