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248 S Occidental BoulevardLos Angeles, CA 90057

For Sale

$4,990,000

Smart Buyer Rebate $49,900

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

·

License #01967916

·

New Star Realty & Investment

·

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.

Full MLS Disclaimers

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.