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2370 Portland StreetLos Angeles, CA 90007

For Sale

$3,800,000

Smart Buyer Rebate $38,000

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. CONTACT LISTING TEAM FOR DETAILS.

Listed by Sean Rosenzweig

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License #01406343

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Marcus & Millichap

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213-943-1897

Last updated December 04, 2025

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Source: CRMLS #25625887

Listing Facts

  • TypeMulti-family
  • NeighborhoodUniversity Park
  • Bedrooms22
  • Days on Prevu7
  • Size8,662 sqft
  • Price per sqft$439

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

12/04/2025
Listed by Marcus & Millichap
$3,800,000

Property Details for 2370 Portland Street

Exterior

Construction

  • Number Of Units Total: 8
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1990

Measurements

  • Building Area Total: 8,662
  • Lot Size Acres: 0.20
  • Lot Size Area: 8,875
  • Lot Size Dimensions: 50,178
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 8,875
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.14
  • Gross Income: $346,184.00

Taxes

  • Parcel Number: 5124011007

Interior

Measurements

  • Living Area: 8,662
  • Living Area Source: Assessor

Rooms

  • Bathrooms Total Integer: 19
  • Bedrooms Total: 22

Parking

Parking

  • Parking Total: 12

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 22 bedrooms in this multi-family home at 2370 Portland Street.

Does this multi-family home have parking?

Yes, there are 12 parking spaces available for 2370 Portland Street.

How does 2370 Portland Street compare to other multi-family homes in University Park?

This multi-family home is listed 13% below the average price for multi-family homes in University Park and has been on the market for 92 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 8,662 sqft.

2370 Portland Street is a 22-bedroom multi-family home for sale in Los Angeles CA 90007. Listed on Prevu for 7 days at $3,800,000. This home features 8,662 square feet of living space, located in University Park. The median listing price for multi-family homes in this area is $3,212,500. The home offers parking. Explore more multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.