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Listing Courtesy Of: Lyon Stahl Investment Real Estate, Inc., 310-425-9838, Peter James
Local Realty Services Provided By: Keller Williams Realty Larchmont
US / CA / Los Angeles / University Park East / 2324 Portland St
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US / CA / Los Angeles / University Park East / 2324 Portland St
2324 Portland St, Los Angeles, CA 90007
5 Beds
4 Baths
sq ft
ac
US / CA / Los Angeles / University Park East / 2324 Portland St

2324 Portland St, Los Angeles, CA 90007

Estimation provided by Keller Williams Realty, LLC.
5 Beds
4 Baths
sq ft
ac
Sold
Sold
Open House:
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Property Description

We are pleased to present this 4 unit opportunity at 2324 Portland St in the USC patrol zone, just north of campus. This is a unique opportunity to purchase an existing 4 unit apartment building on a large 8,957 square foot lot zoned LARD2-1XL-O-HPOZ. An investor should have an opportunity to add 2 ADUs, which would include 8 bedrooms and 8 bathrooms, which would be ideal for student housing(**Buyer to verify the feasibility of the ADU potential). The existing 4 unit is comprised of (1) 3 Bed / 1 Bath and (3) 1 Bed / 1 Bath units. There is substantial upside potential in the existing structure as well with 3 of the units being delivered vacant. The subject property is located in a great area just north of the USC campus in the DPS patrol area, making this an excellent location for students. It's located approximately mile from campus and even closer to the USC Village. USC continues to be a top rated university in the nation with approximately 46,000 students currently enrolled. The massive demand for housing near campus nearly always outstrips the supply, providing for low vacancy rates in student housing buildings within the boundaries of the DPS patrol zone.

Property Details

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Overview
Property Type
Residential Income
Property Size
sq ft
Year Built
1895
Days on Site
110 Days
HVAC
Heating: Wall
Parking
8 Parking Spaces
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Activity History

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Nearby Schools

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Transit & Commute

Estimated commute times from University Park East
Car-Dependent Walkable Very Walkable
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