3361 Portner St Los Angeles, CA 90065

Portner Fourplex is a spacious four-unit property located in the highly coveted neighborhood of Glassell Park. This well-maintained property is family owned and being listed for the first time in its short 22-year history. The Portner Fourplex consists of all 2 bedroom/2 bathroom units, with the two downstairs units being wheelchair accessible. Tenants enjoy the convenience of having gated onsite parking (eight spots total), their own washer/dryer hook ups, and central air conditioning. Gas and electric are separately metered. Built in 1998, and boasting 100% rent collection to date, this is truly a pride-of-ownership asset and a great addition to any investor’s portfolio.

The Portner Fourplex is centrally located between Pasadena, Glendale, and Downtown Los Angeles. Tenants will pay a premium to be near the culture and restaurants of Silverlake, Atwater Village, and Highland Park.

INVESTMENT HIGHLIGHTS

• Highly coveted Glassell Park location

• Spacious 2 bedroom/2 bath units

• Year Built: 1998

• First time on the market since construction

• Gated onsite parking/total 8 spots

• All units feature central air conditioning

• All units feature washer/dryer hookups

• All tenants are month-to-month

• New owner can increase rent 5% + CPI annually, or to market rate with vacancies

• Dense Population: 290,409 within a 3-mile radius

• Household Income: $92,543 within a 3-mile radius