Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    248 Occidental Boulevard, Los Angeles, CA 90057
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    248 Occidental Boulevard
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    • MLS#: SR25042067 ( Apartment )
    • Street Address: 248 Occidental Boulevard
    • Viewed: 2
    • Price: $4,990,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1962
    • Bldg sqft: 0
    • Days On Market: 51
    • Additional Information
    • County: LOS ANGELES
    • City: Los Angeles
    • Zipcode: 90057
    • Provided by: New Star Realty & Investment
    • Contact: Young Young
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      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. Dont miss the chance to capitalize on this prime investment opportunity!
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    Features
    Building Area Total
    1. 18654.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. No Common Walls
    Country
    1. US
    Days On Market
    1. 38
    Electric Expense
    1. 0.00
    Fuel Expense
    1. 4695.00
    Garage Spaces
    1. 24.00
    Insurance Expense
    1. 16700.00
    Laundry Features
    1. Community
    Laundry Income
    1. 2400.00
    Lockboxtype
    1. None
    Lot Features
    1. Rectangular Lot
    Netoperatingincome
    1. 265057.00
    Newtaxesexpense
    1. 60000.00
    Number Of Separate Electric Meters
    1. 21
    Number Of Separate Gas Meters
    1. 21
    Otherexpense
    1. 8027.00
    Otherexpensedescription
    1. etc
    Parcel Number
    1. 5155013008
    Pest Control Expense
    1. 1000.00
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 12000.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 432930052:CRM
    Totalexpenses
    1. 145127.00
    Trash Expense
    1. 10783.00
    Water Sewer Expense
    1. 22929.00
    Water Source
    1. Public
    Year Built
    1. 1962
    Year Built Source
    1. Assessor
    Zoning
    1. LAR4
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836