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FOURPLEX + ADU (RTI) INVESTMENT OPPORTUNITY 343 N Occidental Blvd 4 Unit Apartment Building $2,299,290 CAD ($574,822 CAD/Unit) Los Angeles, CA 90026



INVESTMENT HIGHLIGHTS
- Four-unit property located in the heart of the rapidly appreciating Rampart Village/Echo Park corridor, zoned RD2 for multi-family.
- Each unit is Individually metered for Gas & Electric.
- Excellent infill location: minutes from the US-101/DTLA, strong transit, walkable to restaurants, retail and lifestyle amenities.
- Two buildings totaling approx. 2,624 SF on 6,243 SF lot.
- Attractive unit mix: 1-bed, 2-bed and 3-bed units creating diversification of rental income streams.
- Excellent Demographics; over 80,000 please reside within a 1-mile radius & approx. 600,000 people reside within a 3-mile radius.
EXECUTIVE SUMMARY
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. Individual gas and electric meters, on-site parking, and efficient layouts further enhance 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 built-in upside through an RTI ADU, this property offers a compelling long-term hold in one of LA’s most enduring rental markets.
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. Individual gas and electric meters, on-site parking, and efficient layouts further enhance 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 built-in upside through an RTI ADU, this property offers a compelling long-term hold in one of LA’s most enduring rental markets.
PROPERTY FACTS
| Price | $2,299,290 CAD | Building Class | C |
| Price Per Unit | $574,822 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 2,624 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built/Renovated | 1936/2021 |
| Apartment Style | Low-Rise | Parking Ratio | 1.52/1,000 SF |
| Zoning | RD2 | ||
| Price | $2,299,290 CAD |
| Price Per Unit | $574,822 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,624 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1936/2021 |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | RD2 |
AMENITIES
UNIT AMENITIES
- Ceiling Fans
- Tile Floors
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Views
- Family Room
- Lawn
- Patio
- Porch
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 800 |
| 2+1 | 1 | - | 800 |
| 3+2 | 1 | - | 800 |
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 5156-015-027 | Improvements Assessment | $744,841 CAD |
| Land Assessment | $1,342,173 CAD | Total Assessment | $2,087,013 CAD |
PROPERTY TAXES
Parcel Number
5156-015-027
Land Assessment
$1,342,173 CAD
Improvements Assessment
$744,841 CAD
Total Assessment
$2,087,013 CAD
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FOURPLEX + ADU (RTI) INVESTMENT OPPORTUNITY | 343 N Occidental Blvd
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