Multifamily

Portia Echo Park

1330 Portia St, Los Angeles, CA 90026

Listing Price: $2,595,000

Cap Rate
5.96%
Number of Units
8
Occupancy
25.0%
Price/Unit
$324,375
Price/Gross SF
$514.27
Gross SF
5,046

Investment Overview

THG Multifamily, as the exclusive advisors, is pleased to present the opportunity to acquire a 100% fee simple interest in 1330 N Portia (the “Property”), a value-add 8-unit community located in the thriving Echo Park neighborhood of Los Angeles. Situated just north of Sunset Boulevard, adjacent to the lush, green Elysian Park, and boasting an attractive walk score of 93, the Property is an irreplaceable community that combines abundant open space with urban walkability to create a dynamic resident experience and provides a premier opportunity for investors looking to participate in the incredible growth occurring in Echo Park.

Investment Highlights

  • ATTRACTIVE VALUE-ADD OPPORTUNITY
  • AN APPEALING ALTERNATIVE TO HIGH DENSITY LIVING
  • PRESTIGIOUS NORTH OF SUNSET LOCATION
  • UNPARALLELED ACCESS TO EMPLOYMENT HUBS
  • LOW DENSITY LIVING AND NEARBY OUTDOOR TRAILS ARE UNIQUELY PAIRED WITH WALKABLE ACCESS TO ECHO PARK'S ARRAY OF RESTAURANTS, SHOPPING, & ENTERTAINMENT

Exclusively Listed By

Listing Price: $2,595,000

Cap Rate
5.96%
Number of Units
8
Occupancy
25.0%
Price/Unit
$324,375
Price/Gross SF
$514.27
Gross SF
5,046

Investment Highlights

  • ATTRACTIVE VALUE-ADD OPPORTUNITY
  • AN APPEALING ALTERNATIVE TO HIGH DENSITY LIVING
  • PRESTIGIOUS NORTH OF SUNSET LOCATION
  • UNPARALLELED ACCESS TO EMPLOYMENT HUBS
  • LOW DENSITY LIVING AND NEARBY OUTDOOR TRAILS ARE UNIQUELY PAIRED WITH WALKABLE ACCESS TO ECHO PARK'S ARRAY OF RESTAURANTS, SHOPPING, & ENTERTAINMENT

Investment Overview

THG Multifamily, as the exclusive advisors, is pleased to present the opportunity to acquire a 100% fee simple interest in 1330 N Portia (the “Property”), a value-add 8-unit community located in the thriving Echo Park neighborhood of Los Angeles. Situated just north of Sunset Boulevard, adjacent to the lush, green Elysian Park, and boasting an attractive walk score of 93, the Property is an irreplaceable community that combines abundant open space with urban walkability to create a dynamic resident experience and provides a premier opportunity for investors looking to participate in the incredible growth occurring in Echo Park.

Exclusively Listed By

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