Seller's Agent in 2022
Jason Tuvia
Marcus & Millichap
(818) 212-2700
12 in this area
110 Total Sales
1330 Portia St Los Angeles, CA 90026
Echo Park Neighborhood
9
Beds
10
Baths
5,923
Sq Ft
7,181
Sq Ft Lot
Highlights
- City View
- Quartz Countertops
- Balcony
- Wood Flooring
- Den
- Built-In Features
About This Home
As of November 2022We 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.
Last Agent to Sell the Property
Marcus & Millichap License #01772495 Listed on: 07/05/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1966 | Remodeled
Lot Details
- 7,181 Sq Ft Lot
- Landscaped
- Rectangular Lot
Home Design
- Additions or Alterations
- Copper Plumbing
Interior Spaces
- 5,923 Sq Ft Home
- 2-Story Property
- Built-In Features
- Den
- Wood Flooring
- City Views
- Basement
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 9 Bedrooms
- Remodeled Bathroom
- 10 Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Side by Side Parking
- Driveway
Additional Features
- Balcony
- Accessory Dwelling Unit (ADU)
- City Lot
- Heating System Mounted To A Wall or Window
Community Details
- 10 Units
- Vacancy Allowance $8,453
Listing and Financial Details
- Tenant pays for gas, electricity
- Assessor Parcel Number 5406-001-048
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/03/2022 11/03/22 | Sold | $3,800,000 | -3.8% | $642 / Sq Ft |
| 10/11/2022 10/11/22 | Pending | -- | -- | -- |
| 09/06/2022 09/06/22 | Price Changed | $3,950,000 | 0.0% | $667 / Sq Ft |
| 09/06/2022 09/06/22 | For Sale | $3,950,000 | -4.8% | $667 / Sq Ft |
| 08/23/2022 08/23/22 | Pending | -- | -- | -- |
| 07/05/2022 07/05/22 | For Sale | $4,150,000 | +69.4% | $701 / Sq Ft |
| 12/30/2021 12/30/21 | Sold | $2,450,000 | -2.0% | $486 / Sq Ft |
| 11/24/2021 11/24/21 | Pending | -- | -- | -- |
| 11/17/2021 11/17/21 | For Sale | $2,500,000 | -- | $495 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Nick Fichera
Figure 8 Realty
(630) 460-0820
7 in this area
15 Total Sales
-
Seller's Agent in 2021
Matthew Kanner
Keller Williams Realty Los Feliz
(323) 300-1000
1 in this area
18 Total Sales
Map
Source: The MLS
MLS Number: 22-175193
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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