248 S Occidental Boulevard,Los Angeles, CA 90057
Los Angeles, CA 90057
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!
Details
| MLS # | SR25042067 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 142 |
| Listing Provided By | New Star Realty & Investment | Young Hong |
Features
| SQ Feet | 18,654 |
|---|---|
| Garage | 24 |
| Story(s) | 3 |
| Units | 21 |
| Building(s) | 1 |
| Zoning | LAR4 |
| Acreage | 0.23 |
Exterior
| Lot Features | Rectangular Lot |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Street Lights |
|---|
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90057 |
| Area | 699 Not Defined |