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2370 Portland Street

Los Angeles (City), CA 90007
  • $3,800,000
  • STATUS: Active
  • ON SITE: 92 Days
  • ID#: 25625887
UPDATED: 83 min ago
$3,800,000
  • 22
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,662
    SQFT
  • $439
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1990
County:

School Ratings & Info

Listing Agent(s): Sean Rosenzweig of Marcus & Millichap (310-909-5500)


Description

We are pleased to offer for sale The Portland Place, an 8-unit (6 + 2 ADU) student housing community located at 2370-2372.5 Portland Street. The property is situated just north of Adams Boulevard and east of Hoover Street, within the USC Patrol Zone.The location offers walking-distance access to popular cafs, restaurants, and entertainment venues, and is only minutes from the University of Southern California (USC), the Los Angeles Memorial Coliseum, and Exposition Park. Its central position provides residents with convenient access to major employment hubs in Downtown Los Angeles and beyond, supported by nearby public transit and proximity to the I-10 and I-110 Freeways.Situated on an 8,875-square-foot lot, the property offers six three-bedroom townhome style units along with a newly constructed duplex ADU containing two two-bedroom units.Originally built in 1990 and enhanced by the new ADU, the Portland Place presents as a well-maintained, modern student housing community within the sought-after USC Patrol Zone.The property is being offered alongside another student housing community at 1139 West 27th Street (27 West).PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T14:30:09.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/171149488
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2370 Portland Street Los Angeles (City), CA 90007

  • Price: $3,800,000
  • Status: Active
  • On Site: 92 Days
  • Updated: 83 min ago
  • ID#: 25625887
22
Beds
0
Baths
0
½ Baths
0.2
Acres
8,662
SQFT
$439
$/SQFT
1990
Built
Neighborhood:
C42 - Downtown L.A.
County:
Los Angeles
Area:
C42 - Downtown L.A.
Property Description
We are pleased to offer for sale The Portland Place, an 8-unit (6 + 2 ADU) student housing community located at 2370-2372.5 Portland Street. The property is situated just north of Adams Boulevard and east of Hoover Street, within the USC Patrol Zone.The location offers walking-distance access to popular cafs, restaurants, and entertainment venues, and is only minutes from the University of Southern California (USC), the Los Angeles Memorial Coliseum, and Exposition Park. Its central position provides residents with convenient access to major employment hubs in Downtown Los Angeles and beyond, supported by nearby public transit and proximity to the I-10 and I-110 Freeways.Situated on an 8,875-square-foot lot, the property offers six three-bedroom townhome style units along with a newly constructed duplex ADU containing two two-bedroom units.Originally built in 1990 and enhanced by the new ADU, the Portland Place presents as a well-maintained, modern student housing community within the sought-after USC Patrol Zone.The property is being offered alongside another student housing community at 1139 West 27th Street (27 West).PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS.
Exterior Features

Parking Features None Parking Total 12

Property Features

Association YN No Cap Rate 5.14 Gross Income 346184 Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 195490 New Construction YN No Senior Community YN No Special Listing Conditions Standard Zoning [Q]RD1.5-1XL-O-HPOZ



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-07T14:30:09.52. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Sean Rosenzweig of Marcus & Millichap (310-909-5500)