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!
Listed by Young Hong
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License #01967916
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New Star Realty & Investment
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213-820-0218
Last updated November 03, 2025
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Source: CRMLS #SR25199026
Listing Facts
TypeMulti-family
NeighborhoodRampart Village
Days on Prevu76
Amenities
Parking
Location
Mortgage Calculator
Listing History
10/28/2025
Status changed to Active
$4,990,000
10/21/2025
Status changed to Removed from Feed
$4,990,000
10/18/2025
Status changed to Active
$4,990,000
10/17/2025
Status changed to Removed from Feed
$4,990,000
10/05/2025
Status changed to Active
$4,990,000
10/03/2025
Status changed to Removed from Feed
$4,990,000
09/21/2025
Status changed to Active
$4,990,000
09/18/2025
Status changed to Removed from Feed
$4,990,000
09/18/2025
Status changed to Active
$4,990,000
09/17/2025
Status changed to Removed from Feed
$4,990,000
09/12/2025
Status changed to Active
$4,990,000
09/10/2025
Status changed to Removed from Feed
$4,990,000
09/10/2025
Status changed to Active
$4,990,000
09/09/2025
Status changed to Removed from Feed
$4,990,000
09/08/2025
Status changed to Active
$4,990,000
09/06/2025
Status changed to Removed from Feed
$4,990,000
09/04/2025
Listed by New Star Realty & Investment
$4,990,000
Property Details for 248 S Occidental Boulevard
Association
Amenities
Community Features: Sidewalks
Exterior
Construction
Number Of Units Total: 21
Stories Total: 4
Year Built: 1962
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Measurements
Building Area Total: 18,654
Building Area Units: Square Feet
Lot Features: 26-30 Units/Acre
Lot Size Acres: 0.22
Lot Size Area: 9,945
Lot Size Source: Assessor
Lot Size Square Feet: 9,945
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 5155013008
Other
Location
Tax Lot: 18
Parking
Parking
Garage Spaces: 24
Garage: Yes
Parking Total: 24
Utilities
Equipment
Laundry Features: Common Area
Sewer: Public Sewer
Water Source: Public
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.