248 S Occidental

Los Angeles, CA 90057
  • $4,600,000

    Price
  • 6

    Bed
  • 4

    Bath
  • 18,654

    SqFt

About the Listing F2330001 - SR175528316

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 and rent growth, this asset offers both steady cash flow and significant long-term upside. Don’t miss this rare chance to acquire a high-yield property in a top-tier Los Angeles location!

Listing Highlights

Status Active
Days on Site 12
Property Type Multi-Family
MLS ® SR25268861
Year Built 1962
Total Square Footage 18,654
Lot/Acreage 0.23

Interior Details

  • Bedrooms: 6
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 21-25 Units/Acre,No Land Lease
  • Garage Capacity: 24 car
  • Parking Spaces: 24
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5155013008
  • Tax Year: N/A

Payment Calculator

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Questions About..

248 S Occidental Los Angeles, CA 90057

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Originating MLS: CRMLS

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