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248 S Occidental , Los Angeles, CA 90057
$3,900,000
Est. Payment: $20,496.18/mo
6 Bed
18654 Sqft
0.23 Acres
Status: active | Days on site: 1
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F2330001 - SR175528316
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Chris Heller
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House 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!
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Highlights

Listed by Young Hong , 213-820-0218 New Star Realty & Investment , 661-964-0600. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.23

Year Built

1962

County

Los Angeles

Area

699 - Not Defined

Listing ID

SR26216020

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
Water:Public

Exterior Features

Lot:21-25 Units/Acre,No Land Lease
Garage Capacity:24
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$20,496
Taxes
$2,486

Home Price

$3,900,000

Loan Details

30 yrs
6.875%

Down Payment

20%
$780,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$20,496.18

Principal

Taxes

Principal Taxes HOA Total
Monthly $20,496.18 $2,486.25 $0.00 $22,982.43
Yearly $245,954.15 $29,835.00 $0.00 $275,789.15
Total $7,378,624.44 $895,050.00 $0.00 $8,273,674.44

Today's Rates

30 Year

6.88%

20 Year

6.86%

15 Year

6.33%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T05:32:42.000Z

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