343 N Occidental Blvd - Apartments FOR SALE


Los Angeles, CA 90026- Rampart Village
$1,648,000 USD
310-710-5626
343 N Occidental Blvd, Los Angeles, CA for Sale
$1,648,000 USD
Apartments - FOR SALE
1/28
null | Request Cap Rate

343 N Occidental Blvd
Los Angeles, CA 90026
Rampart Village


HIGHLIGHTS

  • Four-unit property located in the heart of the rapidly appreciating Rampart Village/Echo Park corridor, zoned RD2 for multi-family.
  • Two buildings totaling approx. 2,624 SF on 6,243 SF lot.
  • Each unit has washer/dryer hookups and is Individually metered for Gas & Electric.
  • Attractive unit mix: 1-bed, 2-bed and 3-bed units creating diversification of rental income streams.
  • Excellent infill location: minutes from the US-101/DTLA, strong transit, walkable to restaurants, retail and lifestyle amenities.
  • Excellent Demographics; over 80,000 please reside within a 1-mile radius & approx. 600,000 people reside within a 3-mile radius.

OVERVIEW

A rare offering in one of Los Angeles’ most resilient and high-demand neighborhoods. This beautifully updated fourplex, paired with an RTI approved ADU, stands as a turnkey investment with immediate income strength and clear upside. Originally built in 1923 and renovated with care in 2021, the property blends historic character with modern function. The two-building layout spans roughly 2,624 square feet on a generous 6,243-square-foot lot, with an appealing mix of one-, two-, and three-bedroom units that attract a wide tenant profile. Each unit features its own gas and electric meters, in-unit washer and dryer hookups, and efficient layouts, with on-site parking further supporting long-term stability and ease of management. The RTI ADU delivers a streamlined path to higher returns without the delays of planning or entitlement. Combined with strong existing rents and proforma projections, the property positions an investor for both immediate cash flow and meaningful value appreciation. Location sets this asset apart. Set along the Echo Park / Rampart Village corridor, the property benefits from exceptional connectivity to the 101, Downtown LA, Silver Lake, and a deep roster of dining, retail, and lifestyle amenities. This is a walkable, high-density, high-demand pocket where quality rentals remain consistently absorbed. Over 80,000 residents live within a mile, and nearly 600,000 within three miles—supporting a robust, stable tenant pool. For investors seeking a thoughtfully upgraded multifamily asset with strong fundamentals, desirable demographics, and long-term upside, this property offers a compelling hold in one of LA’s most enduring rental markets. The layout and unit mix also make it an excellent opportunity for an owner-user, whether as a starter home using FHA financing or by occupying one unit while generating income from the others.

FOR SALE DETAILS

PRICE

$1,648,000 USD

PRICE/SF

$628 USD /SF

# OF UNITS

4

PRICE/UNIT

$412,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

FOURPLEX + ADU (RTI) INVESTMENT OPPORTUNITY

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,242 SF

ZONING

RD2

APN/PARCEL ID

5156-015-027

ASK ABOUT THIS PROPERTY

David YasharKW Commercial SoCalMore Info
310-710-5626

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David YasharKW Commercial SoCalMore Info
310-710-5626

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