1401 Portia St, Los Angeles, Los Angeles County, CA, 90026 Los Angeles CA US
Property Details
5
2
Echo Park
MultiFamily
Description
Only two blocks away from shops and restaurants and the secondlargest park in the city, 1401 Portia is an amazing investmentopportunity. The property is located in a cozy neighborhoodsurrounded by other single and multi family homes with plenty ofstreet parking. The building has four units with the potential to add2 ADUs with its 2 car garage as well as a fifth basement unit. Twoof the four current units have been recently renovated and arebeing used for AIRBNB consistently bringing in 150% of currentlong term market rent, due to the properties amazing proximity tododger stadium and other great venues in echo park. One of theunits is being used for Section 8 low income housing and anotherstill needs to be renovated. Pro Forma after full renovations isestimated at $20,000 a month. Find out more about this property. Request details here
Location
Address
1401 Portia Street, Los Angeles, California 90026, United States
City
Los Angeles
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