343 S Occidental Blvd, Los Angeles, CA 90057
Sale Price: $2,660,000
Jun 25, 202410,218 sqft0 beds0 baths
Listed by: Aram Gaboudian
License #: 01493911
Phone #: 626-242-8197
Keller Williams Realty Downey
Source:
MLS #: 24406887
Property Description
18 unit low rise garden style apartment building for sale with tremendous upside of 53% 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 is 12.5 GRM and about a 5.4 cap. Proforma rents indicate $29,000/mo or ($348,000/yr) at 8.2 GRM. All units are occupied and rents are current. Laundry is on site. There are 13 parking spaces with the potential to add more. Soft story retrofit completed in 2019.
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Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$38,913
TurboHome Estimated Value
$2,737,100
$268 sqft
High Valuation
$2,873,955
$281/sqft
Normal Valuation
$2,737,100
$268/sqft
Low Valuation
$2,600,245
$254/sqft
3rd Party Estimates
| Source | $/sqft | Valuation |
|---|---|---|
| HouseCanary | $268/sqft | $2,737,100 |
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Role: TurboHome Head Agent
Experience: 10 years
No. of Transactions: 227
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: Westlake
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Comparative Value
$2.66M
$2.88M
343 S Occidental Blvd, Los Angeles, CA 90057
Sale Price: $2,660,000
Selected Comparable
343 S Occidental Blvd, Los Angeles, CA 90057
List Price: $2,880,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT343 S Occidental Blvd, Los Angeles, CA 90057
List: $2,880,000
Listed: 6/25/2024
Area:10,218 sqft
Price/sqft:$282
Beds:—
Baths:—
Year Built:—
Lot Size:12,243
Comparable Properties
COMPARABLEChoose comps
343 S Occidental Blvd, Los Angeles, CA 90057
Sale: $2,660,000
3/21/2025 • 0.00 mi
Area:10,218 sqft
Price/sqft:$260
Beds:—
Baths:—
Year Built:—
Weight:100.0%
Subject Property
SUBJECT| Image | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 343 S Occidental Blvd, Los Angeles, CA 90057 | $2,880,000 | 10,218 | $282 | 12,243 | — | 6/25/2024 | — | — | — | — |
Comparable Properties
COMPARABLEChoose comps
| Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 343 S Occidental Blvd, Los Angeles, CA 90057 | $2,660,000 | 10,218 | $260 | 12,243 | 0.00 mi | 3/21/2025 | — | — | — | 100.0% |
Nearby Listings
1 similar properties within 5 miles
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