248 S Occidental, Los Angeles, CA 90057
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
248 S Occidental,Los Angeles, CA 90057
$4,400,000
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: young hong
Office: new star realty & investment
MLS#:SR25268861
Source:San Diego MLS via CRMLS
Price summary
- Price:$4,400,000
About this home
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 spaceideal 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. Dont miss this rare chance to acquire a high-yield property in a top-tier Los Angeles location!
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Home facts
- Listing ID #:SR25268861
- Added:97 day(s) ago
- Updated:March 10, 2026 at 02:00 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
Finances and disclosures
- Price:$4,400,000
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