Property search · The Consumer Protection Brokerage
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248 S OccidentalLos Angeles, CA 90057

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 spaceideal 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. Dont miss this rare chance to acquire a high-yield property in a top-tier Los Angeles location!
| 4 days ago | Listing updated with changes from the MLS® | |
| 5 days ago | Price changed to $4,100,000 | |
| 8 months ago | Listing first seen on site |
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Last checked 2026
*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.
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