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El Sereno Investment Opportunity
For Sale
$1,149,000

3814 Portola Ave, Los Angeles, CA 90032

Five units with upside potential in rents in central El Sereno.

Property Size3,101 SF
Lot Size0.17 Acres
Price / SF$370.53
Days on Market168

Property Features for 3814 Portola Ave

General Information

Standard status Active
Size 3,101 SF
Lot size 0.17 Acres
Property subtype Investment

Building Details

Building Size 3,101 SF
Year Built 1952
Stories 1
Units 5
Listing Agency:
Listed By: LETTY CUEVAS · License #00778734
Source: Elliman
Added: Mar 11 Changed: Aug 10 Last Checked: Aug 24 at 8:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LETTY CUEVAS

Investment Insights

Based on property information with market context.

This is an investment opportunity featuring five units in El Sereno. The front house includes two bedrooms, one full bathroom, and a bonus room. The back building is a fourplex, with each unit containing one bedroom and one bathroom. The property has an approximate square footage of 3101 and the lot is approximately 7507 square feet. The property is fully fenced and includes six parking spaces. Updates include flooring, recessed lighting, and some new kitchen cabinets. The property is located in central El Sereno, within walking distance of transportation and shopping, and minutes from downtown Los Angeles. It is currently occupied by long-term tenants and offers upside potential in rents. The property is well maintained. The intended use of the property is as a residential income property. The property presents an opportunity to live in one unit and rent the others.

Key Highlights

  • Five Units: Includes a 2‑bedroom house and a 4‑plex with four 1‑bedroom units.
  • Income Potential: Long‑term tenants in place with upside in raising rents.
  • Central El Sereno Location: Conveniently located near transportation, shopping, and downtown Los Angeles.

Property Analytics

Current Use

Alley apartments Apartment Complex

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

647
Businesses Nearby

Demographics for 90032, CA

43,506
Population
14,139
Households
3.1
Avg Household Size
37
Median Age
25%
College-Educated
71%
High-School Grad
4.8 sq mi
ZIP Area
9,064
Density / Sq Mi
$81,563
Median Household Income
$38,223
Median Earnings
$1,571
Median Rent
$780,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five units with upside potential in rents in central El Sereno.
Where is this apartment building located?
The property is located at 3814 Portola Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: Five Units: Includes a 2‑bedroom house and a 4‑plex with four 1‑bedroom units.; Income Potential: Long‑term tenants in place with upside in raising rents.; Central El Sereno Location: Conveniently located near transportation, shopping, and downtown Los Angeles.
More about this property
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