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Investment Highlights

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

Executive Summary

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.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $9,740,147 CAD
Price Per Unit $286,475 CAD
Sale Type Investment
Cap Rate 6.17%
Gross Rent Multiplier 10.3
No. Units 34
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.23 AC
Building Size 20,055 SF
No. Stories 3
Year Built 1973
Parking Ratio 0.88/1,000 SF
Zoning R4, Los Angeles

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Fireplace
  • Storage Space
  • Ceiling Fans
  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Walk-In Closets
  • Wi-Fi
  • Deck
  • Intercom

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Property Manager on Site
  • Security System
  • Gated
  • Video Patrol
  • Laundry Service
  • Elevator

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 24 $1,783 CAD 400
1+1 10 $1,976 CAD 650
Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5155-012-004
Land Assessment
$4,237,917 CAD (2025)
Improvements Assessment
$6,356,877 CAD (2025)
Total Assessment
$10,594,794 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 41480274

  • Date on Market: 2026-07-29

  • Last Updated:

  • Address: 320 S Occidental Blvd, Los Angeles, CA 90057

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