Aram Gaboudian
This listing was posted on RealtyWW.
$3,198,000
S Occidental Blvd, Los Angeles, Home For Sale
Price:
$3,198,000
BR/BA:
1 BR, 1 BA
Location:
343 S Occidental Blvd, Los Angeles, CA
Description:
18 unit low rise garden style apartment building for sale with tremendous upside of 49% to peak proforma in one of the few remaining pockets in Los Angeles that hasn't seen big growth...yet. A short drive off the 101 and the Silver Lake Blvd exit is 343 S Occidental Blvd. The location is Silver Lake a few blocks to the north and Koreatown a few blocks to the east. 10 of the units are one bed one bath, 8 are studios. Rents were last raised February 2024. Current rents are $18, 936/mo ($227, 236/yr). Highest 1 bed unit is $1700/mo. Highest studio is $1500/mo. February 2025 rents at 4% increase gets to a 4.8 cap and 13.5 GRM. Proforma rents indicate $29, 000/mo or ($348, 000/yr) at 8.3 cap and 9.2 GRM. All units are occupied and rents are current. Laundry is on site. There are 13 parking spaces with the potential to add more.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i73394342
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More About this Listing: S Occidental Blvd, Los Angeles, Home For Sale
S Occidental Blvd, Los Angeles, Home For Sale is a One Bedroom One Bath Single-Family Homes for Sale at 343 S Occidental Blvd in Los Angeles CA. Find other listings like S Occidental Blvd, Los Angeles, Home For Sale and listings near 343 S Occidental Blvd by searching Oodle Classifieds for One Bedroom One Bath Single-Family Homes for Sale in Los Angeles CA.
S Occidental Blvd, Los Angeles, Home For Sale is a One Bedroom One Bath Single-Family Homes for Sale at 343 S Occidental Blvd in Los Angeles CA. Find other listings like S Occidental Blvd, Los Angeles, Home For Sale and listings near 343 S Occidental Blvd by searching Oodle Classifieds for One Bedroom One Bath Single-Family Homes for Sale in Los Angeles CA.