2
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$3,900,000
Est. payment /mo
6 Beds
9,945 Sqft Lot
New
248 S Occidental Los Angeles, CA 90057
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR26216020
Bedrooms 6
Lot Size 9,945 Sqft
Property Sub-Type Res Income 2-4 Units
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. Dont miss the chance to capitalize on this prime investment opportunity!
Location
State CA
County Los Angeles
Zoning Public Rec
Direction NE of 3rd Street & Occidental
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 5155013008
Acceptable Financing Cash
Listing Terms Cash
Listed by Young Hong, DRE#01967916 New Star Realty & Investment
NEARBY SCHOOL & BUSINESS
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