Search
Los Angeles Multifamily Investment Opportunity
For Sale
$3,600,000

248 S Occidental Los, Los Angeles, CA 90057

21-unit apartment building in a high-demand Los Angeles neighborhood.

Property Size18,654 SF
Lot Size0.23 Acres
Days on Market251

Property Features for 248 S Occidental Los

General Information

Standard status Active
Size 18,654 SF
Lot size 0.23 Acres
Property subtype Apartment

Building Details

Building Size 18,654 SF
Year Built 1962
Stories 4
Listing Agency:
Listed By: Young Hong
Source: Kw
Added: Dec 2, 2025 Changed: Aug 8 Last Checked: Jul 16 at 4:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Young Hong

Investment Insights

Based on property information with market context.

This 21-unit apartment building in Los Angeles presents an investment opportunity in a sought-after area. The property includes 19 one-bedroom apartments, one two-bedroom unit, and a three-bedroom penthouse with private outdoor space. The building benefits from a strong occupancy rate and steady rental income. Its location provides convenient access to shopping, dining, and public transportation. The property offers potential for value-add improvements and rent growth.

Key Highlights

  • 21‑unit apartment building in a highly sought‑after Los Angeles area
  • Attractive mix of unit types including 19 one‑bedroom apartments, one two‑bedroom unit, and a three‑bedroom penthouse
  • Penthouse unit features a private outdoor space**

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Pet Store & Service Pet Store Clothing & Fashion Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

6,339
Businesses Nearby

Demographics for 90057, CA

45,510
Population
17,912
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
58%
High-School Grad
0.9 sq mi
ZIP Area
50,567
Density / Sq Mi
$44,876
Median Household Income
$30,849
Median Earnings
$1,395
Median Rent
$694,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - 21-unit apartment building in a high-demand Los Angeles neighborhood.
Where is this apartment building located?
The property is located at 248 S Occidental Los Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: 21‑unit apartment building in a highly sought‑after Los Angeles area; Attractive mix of unit types including 19 one‑bedroom apartments, one two‑bedroom unit, and a three‑bedroom penthouse; Penthouse unit features a private outdoor space**
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message