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

Overview

Active

Listed Oct 4, 2026

Updated 3 days 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

Listed by Young Hong, New Star Realty & Investment, CA DRE 01967916

Listing Contact: 213-820-0218 

Based on information from the CRISNet MLS as of 10/6/2026, 4:02 AM UTC. 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. The 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.

©2026 CRISNet MLS. All rights reserved. 

Powered by Luxury Presence