Renovated Duplex With
For Sale
Contact for pricing
Pending
2143 Portland St, Los Angeles, CA 90007
Student-oriented housing near USC combines two separate structures with recent improvements.
Property SizeContact for details
Lot Size0.17 Acres
Days on Market141
Property Features for 2143 Portland St
General Information
Standard status
Pending
Net Rentable
4,761 SF
Lot size
0.17 Acres
Property subtype
Multifamily
Occupancy
100%
Financials
Cap Rate
6.96%
Gross Income
$189,540
Units
Unit Mix
1 x 8BR+den/6BA, 1 x 4BR/4BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
stainless steel kitchen appliances
in-unit washer and dryers
Building Details
Year Renovated
2023
Buildings
2
Listing Agency:
KW Beverly Hills
(310) 432-6400
Listed By:
Adam Shamooelian · License #CA 02116849
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:20PM
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 KW Beverly Hills
Investment Insights
Based on property information with market context.
This duplex property contains 4,761 rentable square feet on a 7,270-square-foot lot, arranged in two separate structures. The front residence provides 8 bedrooms, an oversized den, and 6 bathrooms following a 2023 renovation. Improvements include new flooring, plumbing and electrical systems, an updated roof, quartz countertops, stainless steel appliances, tiled showers with glass enclosures, and in-unit laundry. A rear ADU, completed in 2023, adds 4 bedrooms and 4 bathrooms with matching finishes.
The property is within walking distance of the University of Southern California and sits in the DPS patrol zone. It is occupied by USC students, with 100% occupancy for the 2023–2024 academic school year and pre-leasing for 2024–2025. Lease obligations include parental guarantees, while tenants pay water, gas, electric, and trash expenses. The property carries a 6.96% cap rate.
The property is within walking distance of the University of Southern California and sits in the DPS patrol zone. It is occupied by USC students, with 100% occupancy for the 2023–2024 academic school year and pre-leasing for 2024–2025. Lease obligations include parental guarantees, while tenants pay water, gas, electric, and trash expenses. The property carries a 6.96% cap rate.
Key Highlights
- Two‑unit duplex property with 4,761 rentable square feet on a 7,270‑square‑foot lot
- Unit mix includes an 8‑bedroom, 6‑bathroom front residence plus a 4‑bedroom, 4‑bathroom rear ADU
- Front structure renovated and rear ADU completed in 2023
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,708
Businesses Nearby
Explore this area
Business Placement
Demographics for 90007, CA
40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Student-oriented housing near USC combines two separate structures with recent improvements.
Where is this duplex located?
The property is located at 2143 Portland St Los Angeles, CA.
What are key features of this property?
This property features: Two‑unit duplex property with 4,761 rentable square feet on a 7,270‑square‑foot lot; Unit mix includes an 8‑bedroom, 6‑bathroom front residence plus a 4‑bedroom, 4‑bathroom rear ADU; Front structure renovated and rear ADU completed in 2023
