248 S Occidental
Los Angeles, CA 90057
0
Bed
0
Bath
18,654Sqft
9,945Sqft(Lot)
High-Performing 21-Unit Asset in Prime Los Angeles — CAP 6% and First Time on the Market in 20 Years! This rare offering delivers strong in-place income with a solid 6% CAP rate in one of Los Angeles’ most desirable rental markets. The property features a balanced and attractive unit mix: nineteen one-bedroom units, one two-bedroom unit, and a standout three-bedroom rooftop penthouse with its own private outdoor space—ideal for commanding premium rents. Located in a high-demand neighborhood, the building enjoys consistently strong occupancy and stable rental income, supported by immediate access to shopping, dining, and public transit. With room for value-add upgrades and rent growth, this asset offers both steady cash flow and significant long-term upside. Don’t miss this rare chance t
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Water/Sewer
Water Source: Public Sewer: Public Sewer
-
Building Information
Year Built: 1962 Building Area Total: 18,654 -
Pool Features
NoneLaundry Features
Common Area
-
Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2283 -
Lot Size Source: Assessor Lot Size Square Feet: 9945
-
Listing Price Information
Original List Price: 3,900,000 Listing Contract Date: 2025-12-01 -
Lease Information
Listing Agreement: Exclusive Right To Sell
-
Tax Information
Parcel Number: 5155013008
-
Other Property Info
Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: 3rd St & Occidental Bl Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Apartment -
Building and Construction
Property Age: 64 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: 1
How much is this property worth?
Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.
Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 244 S La Fayette Park P.., Los Angeles, CA, 90057 | $552,000 | 2 | 2 | 947 | 947 SqFt |
| 244 S La Fayette Park #.., Los Angeles, CA, 90057 | $519,000 | 2 | 2 | 942 | 942 SqFt |
| 534 S Coronado, Los Angeles, CA, 90057 | $2,375,000 | -- | -- | 11,430 | 11,430 SqFt |
| 400 S La Fayette Park #.., Los Angeles, CA, 90057 | $430,000 | 1 | 2 | 886 | 886 SqFt |
| 400 S La Fayette Park #.., Los Angeles, CA, 90057 | $519,000 | 2 | 2 | 1,228 | 1,228 SqFt |
| 300 S Reno Street #303, Los Angeles, CA, 90057 | $698,000 | 2 | 2 | 1,414 | 1,414 SqFt |
| 421 S La Fayette Park P.., Los Angeles, CA, 90057 | $340,000 | 1 | 1 | 715 | 715 SqFt |
| 421 S La Fayette Park P.., Los Angeles, CA, 90057 | $360,000 | 1 | 1 | 750 | 750 SqFt |
| 421 S La Fayette Park P.., Los Angeles, CA, 90057 | $320,000 | 1 | 1 | 769 | 769 SqFt |
| 421 S La Fayette Park #.., Los Angeles, CA, 90057 | $299,999 | 1 | 1 | 800 | 800 SqFt |
Similar Condos To 248 S Occidental
Nearby For Sale
Copyright © 2026 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.
ByOwner last updated this listing 06/09/2026 @ 15:53
More Cities with for Sale by Owner Homes
- Los Angeles Homes For Sale By Owner
- Huntington Park Homes For Sale By Owner
- Maywood Homes For Sale By Owner
- South Gate Homes For Sale By Owner
- Bell Gardens Homes For Sale By Owner
- Lynwood Homes For Sale By Owner
- Bell Homes For Sale By Owner
- East Los Angeles Homes For Sale By Owner
- View Park Homes For Sale By Owner
- Inglewood Homes For Sale By Owner
- Commerce Homes For Sale By Owner
- City Terrace Homes For Sale By Owner
- Gardena Homes For Sale By Owner
- Los Angeles Homes For Sale By Owner
- Compton Homes For Sale By Owner
- Paramount Homes For Sale By Owner
- Echo Park Homes For Sale By Owner
- Monterey Park Homes For Sale By Owner
- Downey Homes For Sale By Owner
- Montebello Homes For Sale By Owner
Homes around $3,900,000
Verify Your Email
Please enter the 6-digit verification code
sent to your email address.