Sold
1330 Portia St
Los Angeles CA, 90026
$3,800,000
$641.57 per sqft
Sold
9 Beds
10 Baths
5,923 sqft
Residential
Built in 1966
We are pleased to present a ten (10) unit apartment building located at 1330 Portia Street in Los Angeles, California. The subject property is situated in a prime Echo Park Location, north of Sunset Boulevard and east of Echo Park Avenue. Originally built in 1966 and renovated in 2022, this property contains a good unit mix of seven (7) one bedroom / one bathroom units, one (1) one bedroom / one bathroom unit featuring a full private basement, one (1) studio / one bathroom ADU unit, and one (1) one bedroom / one bathroom ADU unit. This renovated building boasts six (6) remodeled units and two (2) brand new construction ADU units with new flooring, stylish built-ins, quartz counters, stainless steel appliances, in-unit washer/dryers, sliding glass closets, and updated recessed lighting. The property itself features fresh low maintenance landscaping, a brand new roof, all new plumbing, copper repipe and new sewage, new main electrical panel upgrade and new in-unit electrical panels, new mini splits, wood deco aesthetic in the front, new windows, parking for select units, a completed soft-story retrofit, and more. All units are separately metered for gas and electricity. Tenants will love being within walking distance to some of the trendiest retail, restaurant, and entertainment amenities in Los Angeles. Some of these include nooworks fashion, Konbi, Brick Works, Short Stop, Little Joy Cocktails, Stereoscope Coffee, Alternate Universe, and many more. Most notably, outdoor recreation at Echo Park Lake is located less than half a mile away. Situated in a prime Eastside location, this offering presents an excellent opportunity to acquire a well renovated new construction feel with over a 5% initial cap rate.
22-175193
MLSⓇ ID
July 5, 2022
Listed
May 9, 2024
Updated
Map
1330 Portia St
Los Angeles CA, 90026
Interior Features
Total Stories
2
Bedrooms
9
Total Bathrooms
10
Appliances
Refrigerator, Range/Oven, Built-Ins, Dishwasher, Stackable W/D Hookup, Washer, Dryer, Microwave
Laundry Description
In Unit
Floor Description
Wood
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Wall
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
Lot Shape-Rectangular, Landscaped, Single Lot
Other Property Details
Area Name
Silver Lake - Echo Park
Days on Market
98
Garage
No
Parking
Driveway, Side By Side, Parking Space
Parking Total
6
View
Yes
View Description
City
County
Los Angeles
Pool
No
Pool Features
None
Zoning
LARD2
Listed by Jason Tuvia with Marcus & Millichap
Listing Contact: 818-448-4415
Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor RSR Rogers Stellini Ritt Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Combined L.A./Westside MLS. All rights reserved.
Data last updated 5/9/2024