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!
Property Details
Price:
$4,990,000
MLS #:
SR25199026
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
699
Listed Date:
Sep 4, 2025
Total Sq Ft:
18,654
Lot Size:
9,945 sqft / 0.23 acres (approx)
Year Built:
1962
See this Listing
Schools
Interior
Laundry Features
CM
Exterior
Community Features
SDW
Parking Spots
24
Financial
Map
Community
- Address248 S Occidental BL Lot 18 Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90057
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 26, 2025
2,324
Single Family Listed
68
Avg DOM
945
Avg $ / SqFt
$1,742,347
Avg List Price
Property Summary
- 248 S Occidental BL Lot 18 Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90057. It is listed for $4,990,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1962. The average price per square foot for Single Family listings in Los Angeles is $945. The average listing price for Single Family in Los Angeles is $1,742,347.
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248 S Occidental BL Lot 18
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