325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
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325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
325 S OCCIDENTAL BLVD
Sold

325 S OCCIDENTAL BLVD

325 S OCCIDENTAL BLVD, LOS ANGELES, CA 90057

$3,640,000
Priced at $187,500 per unit, we are pleased to present this value-add, twenty-unit (20) unit investment opportunity located at 325 S. Occidental Blvd., a grand tree lined street with a center median. This building is located in the Rampart Village neighborhood of Los Angeles, which is adjacent to Koreatown to the West, Silver Lake to the North and Downtown Los Angeles to the East. The Koreatown submarket remains one of the strongest rental submarkets in the city. This is a great opportunity for a value-add investor, as the rents are approximately 50% below market. This two-story, 11,384 square foot, garden style apartment building was built in 1949. The building is situated on a 13,108 square foot LARD4-1 zoned parcel. The property consists of ten (10) studio units and ten (10) one bedroom & one bath units. One unit will be delivered vacant. The residents have a wide range of amenities close by such as restaurants, shopping, medical clinics, and recreation areas such as MacArthur Park and Lafayette Park. The property's central location has access to the 101, 110 and 10 freeways. The property being is sold in its As-Is, Where-Is condition

10
beds

20
baths

11,384 Sq.Ft. LIVING AREA

0.3 Acres lot

Features & Amenities

Interior

  • total bedrooms10
  • Total bathrooms20
  • APPLIANCES None

Area & Lot

  • Status Sold
  • Living Area11,384 Sq.Ft.
  • Lot Area0.3 Acres
  • MLS® ID22-167537
  • TypeMulti-Family
  • YEAR BUILT1949

Exterior

  • STORIES2
  • parkingCarport
  • HEAT TYPEWall
  • AIR CONDITIONINGNone

Financial

  • Sales Price$3,640,000
  • Zoning LAR4

Work With Michelle

Michelle is knowledgeable and experienced, has good judgment, and she definitely put in the time that was needed to do an excellent job. "I define success as the satisfaction of knowing that I have made a difference in helping my clients attain their real estate goals."

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