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Los Angeles Multifamily Investment Opportunity
For Sale
$4,100,000

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 Market296

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: New Star Realty & Investment
Listed By: Young Hong
Source: Kw
Added: Dec 2, 2025 Changed: Sep 10 Last Checked: Sep 22 at 9:38PM

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 New Star Realty & Investment

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

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Current Use

Apartment buildings

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Carpet & Flooring Store Buffet Garden Center

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

5,166
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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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 $4,100,000.
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
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