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3814 Portola Avenue, Los Angeles, California 90032, Los Angeles, 90032 - bed, bath

3814 Portola Avenue, Los Angeles, California 90032 home-pic-0
ACTIVE$1,299,000
3814 Portola Avenue, Los Angeles, California 90032
0Bed
0Bath
3,101Sqft
7,507Lot
Year Built
1952
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$419
HOA
-
Days on market
-
Sold On
-
MLS number
WS25190799
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.30M(50th), sqft - 3101(50th), beds - undefined(50th), baths - undefined(50th).

El sereno Investment opportunity! 5 units! Front house has 2 bedrooms and 1 full bath + Bonus room 4-plex in the back: Each has 1 Bedroom and 1 bathroom. Approx square footage 3101, lot square footage is approx 7507. Great setup with long term tenants, great upside potential in rents. fully fenced with 6 parking spaces. This property is well maintained and has updates like flooring, recessed lighting, some new kitchen cabinets. Must see to appreciate. Central El Sereno location, walking distance to transportation, shopping and minutes to downtown L.A. First time on the market in many years! Live in one in the Future and rent the others! Fabulous opportunity! Offer subject to inspection. Parties to verify all information.

Price History

Date
Event
Price
08/24/25
Listing
$1,299,000
Condition Rating
Fair
Built in 1952, this multi-unit property shows a mix of conditions. While the description notes 'updates like flooring, recessed lighting, and some new kitchen cabinets,' the images reveal inconsistencies. One kitchen appears updated with modern cabinets and backsplash, but another unit's kitchen features significantly older, dated wood cabinets and countertops. Similarly, some rooms have updated flooring, while others retain old, worn carpets. The presence of window AC units suggests a lack of central cooling. The property is functional and 'well maintained' for its age, but the partial and inconsistent updates mean many components are outdated and would benefit from minor repairs and further modernization to achieve a consistent standard across all units.
Pros & Cons

Pros

High Unit Count: The property features 5 units (a 2-bed/1-bath front house and a 4-plex with 1-bed/1-bath units), offering significant rental income potential and diversification for investors.
Strong Investment Opportunity: Explicitly marketed as an 'Investment opportunity!' with 'great upside potential in rents' and the flexibility to 'Live in one in the Future and rent the others!'
Central El Sereno Location: Its central location in El Sereno provides walking distance access to transportation and shopping, and is minutes from downtown L.A., enhancing tenant appeal and long-term value.
Recent Updates & Maintenance: The property is described as 'well maintained' with recent updates including 'flooring, recessed lighting, some new kitchen cabinets,' suggesting reduced immediate renovation needs for a new owner.
Ample Parking: The inclusion of '6 parking spaces' is a significant advantage in a dense urban area like Los Angeles, adding value and convenience for tenants.

Cons

Age of Property: Built in 1952, the property's age suggests potential for aging infrastructure (e.g., plumbing, electrical, roof) that may require substantial future capital expenditures, despite recent cosmetic updates.
Potential for Below-Market Rents: While offering 'upside potential in rents,' the presence of 'long term tenants' often implies current rents are below market, and realizing this upside may involve navigating tenant relations and local rent control ordinances.
Buyer Due Diligence Required: The listing states 'Offer subject to inspection. Parties to verify all information,' placing the full burden on the buyer to uncover any hidden defects or costly repairs, which is a common risk with older multi-unit properties.

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