Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8
listing
1 of 8
Residential IncomeSold
List Price $3,490,000
Sold Price $3,060,000
2376 Portland Street
Los Angeles, CA 90007
Listing Office: Vinco Vinco Realty & Investments Inc
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$18,115/mo

An incredible opportunity to acquire a student housing multifamily investment located at 2376-2378 Portland Street within the USC Patrol Zone. The 14-unit multifamily building is situated across six structures with 16 one-car garages. The property consists of three (3) 1 bedroom / 1 bathroom detached bungalows and eleven (11) studios across five separate structures. The property is situated on a 17,722 square foot lot and offers a total building area of 8,607 square feet making these large units ideal for student housing, and a strategic reconfiguration of floor plans. Structure A, which is 2376 Portland St, is an enchanting 8-unit building built in 1925, featuring Victorian charm and exceptional craftsmanship. With 2 stories and a rooftop deck overlooking downtown LA, each unit boasts a spacious studio layout and a convenient walk-in closet. Structure B, which is 2378 Portland St, consists of three Victorian-style bungalows, featuring 1 bedroom and 1 bathroom each. With individual patios, front and back door exit, and flexible floor plans, these units offer a great opportunity for reconfiguration. Structure C is equipped with an impressive 16 car garage, 3 living units, a stunning deck overlooking downtown LA and the potential to develop various ADU’s for significant cash flow. This structure offers the convenience of a laundry facility for the benefit of student housing.

Get in touch
Information courtesy of Vinco Vinco Realty & Investments Inc is subject to verification and is not guaranteed.
Community / School Information