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2370 Portland St
Los Angeles, CA 90007
Multifamily Property For Sale
·
8 Units
Investment Highlights
- Located within the USC patrol zone
- Walking distance to USC, cafés, restaurants, and entertainment, and minutes from Downtown LA, the Coliseum, and Exposition Park
- LA’s new RSO rent cap is expected to have minimal impact on USC student housing due to annual turnover and market-rate resets
- Built in 1990, featuring 75% townhome units and new ADUs, the property is a modern, well-maintained asset
- The 2028 Summer Games are expected to boost LA’s real estate market through infrastructure upgrades and improvements to venues like the LA Coliseum
Property Facts
| No. Units | 8 | Building Size | 8,662 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Townhome | Year Built | 1990 |
| Building Class | B | Parking Ratio | 1.39/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | LARD1.5 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | B |
| Lot Size | 0.20 AC |
| Building Size | 8,662 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1990 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | LARD1.5 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | - | 690 |
| 3+2.5 | 6 | - | 1,192 |
Property Taxes
| Parcel Number | 5124-011-007 | Improvements Assessment | $1,248,148 |
| Land Assessment | $2,892,312 | Total Assessment | $4,140,460 |
Property Taxes
Parcel Number
5124-011-007
Land Assessment
$2,892,312
Improvements Assessment
$1,248,148
Total Assessment
$4,140,460
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