2370 Portland Street Los Angeles, CA $ 3,800,000
2370 Portland Street
$ 3,800,000
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2370 Portland Street

Los Angeles, CA, 90007
$ 3,800,000
Bedrooms22 Baths2.0 Sq 8,662

Monthly Estimate*

$ 23,707

Listed by Marcus & Millichap
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Multi-Family Home for sale in Los Angeles, CA

for $3,800,000 with 22 bedrooms and 2 full baths. This 8,662 square foot home was built in 1990 on a lot size of 0.2037.

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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Multi-Family Active

Price

$ 3,800,000

Bedrooms

22

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2037

Year Built

1990

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25625887

Days on Market

19

Features
General
Living Area 8662
Zoning [Q]RD1.5-1XL-O-HPOZ
Year Built 1990
Stories Count 2
Levels Two
Gross Income 346184
County Los Angeles
Net Operating Income 195490
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Adams Boulevard and East of Hoover Street
City Los Angeles
Senior Community Y/N false
Number Of Units Total 8
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 8875
Standard Status Active
Year Built Source Assessor
Cap Rate 5.14
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Interior
Total Stories 2
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 22
Total Baths 19
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Exterior
Parking Features None
Total Parking 12
Lot Size Area 8875
Number of Buildings 2
Building Area Total 8662
Lot Dimensions 50x178
Lot Size Acres 0.2037
Lot Size Source Assessor
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* Excluded Features
List By
Marcus & Millichap

Broker

thesrgroup@marcusmillichap.com

Email

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$23,707
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Monthly Principal & Interest
$23,707
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$3,800,000 Listed Price

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2370 Portland Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $3,800,000 with 8,662 sqft and a lot size of 0.2037. 2370 Portland Street has 22 bedrooms, 2.0 baths, and was built in 1990. The property's zip code is 90007 which is in Los Angeles, CA