1330 Portia Street, Los Angeles, CA 90026 (MLS # 21105703)
We are pleased to present 1330 Portia Street, a 2-story, 8-unit value-add multi-family investment opportunity with 6/8 units to be delivered vacant and ready for renovation. The property is located in the highly desirable Echo Park submarket of Los Angeles, just steps north of Sunset Blvd. and 2 blocks east of Echo Park Ave. Built in 1966, the building is comprised of 8 (1+1) units that average approximately 630+ gross square feet. The 5,046 square foot structure is situated on a 7,181 square foot, LARD2-1VL zoned lot. There are 10 parking spaces on-site a 2-car garage in front, 2 uncovered in front, and 6 in the rear of the building. The property is separately metered for gas & electric and contains an on-site laundry room. THE SOFT-STORY RETROFIT WORK HAS BEEN COMPLETED. 1330 Portia Street is well-positioned for a skilled value-add investor to implement a high-end unit/common area renovation program optimizing market rents, appreciation, and future returns.
DAYS ON MARKET
|
43
|
LAST UPDATED
|
1/3/2022
|
YEAR BUILT
|
1966
|
COMMUNITY
|
Silver Lake - Echo Park
|
GARAGE SPACES
|
2.0
|
COUNTY
|
Los Angeles
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
AIR |
Wall/Window Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
Silver Lake - Echo Park |
GARAGE |
Covered, Door-Multi, Garage, Uncovered, Yes |
HEAT |
Wall Furnace |
HOA DUES |
0 |
LOT |
7181 sq ft |
PARKING |
Covered,Door-Multi,Garage,Uncovered |
STORIES |
2 |
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Listed with Keller Williams Realty Los Feliz
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Based on information from California Regional Multiple Listing Service, Inc. as of 3/29/24 1:09 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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