320 S Occidental Blvd - Apartments FOR SALE


Los Angeles, CA 90057- Rampart Village
$6,950,000 USD
310-621-8221
320 S Occidental Blvd, Los Angeles, CA for Sale
$6,950,000 USD
Apartments - FOR SALE
1/28
null | 6.17% Cap Rate

320 S Occidental Blvd
Los Angeles, CA 90057
Rampart Village


HIGHLIGHTS

  • Fully Occupied with Rental Upside
  • 6.2% Cap Rate on Current Income
  • Modern Structure with Parking
  • Central Location near Downtown

OVERVIEW

Occidental Apartments is a 20,055 square foot apartment community constructed in 1973. Situated in the Koreatown neighborhood of Los Angeles, the property has a combined unit mix consisting of (24) Studio/One-Bath units and (10) One-Bedroom/One-Bath units, averaging 474 square feet each. The property has 24 on-grade secured and covered parking spaces and is serviced by an elevator as well as two staircases and interior hallways. The property is currently fully occupied and units are individually metered for gas and electricity.

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/SF

$347 USD /SF

# OF UNITS

34

PRICE/UNIT

$204,412

CAP RATE

6.17%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Occidental Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1973

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

9,901 SF

ZONING

R4, Los Angeles

APN/PARCEL ID

5155-012-004

ASK ABOUT THIS PROPERTY

Brent SprenkleNorthmarqMore Info
310-621-8221

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Brent SprenkleNorthmarqMore Info
310-621-8221

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.