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ResidentialIncome — 1703 Toberman Street, Los Angeles, CA

$1,150,000

1703 Toberman Street, Los Angeles, CA

$1,150,000 — 1703 Toberman Street, Los Angeles, CA — photo 1 $1,150,000 — 1703 Toberman Street, Los Angeles, CA — photo 2 $1,150,000 — 1703 Toberman Street, Los Angeles, CA — photo 3 $1,150,000 — 1703 Toberman Street, Los Angeles, CA — photo 4 $1,150,000 — 1703 Toberman Street, Los Angeles, CA — photo 5
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About this property

Toberman House - a beautifully restored 1899 Historic Victorian in the South Park / Pico-Union area, blocks from Downtown LA, LA Live and Metro. Offered at $1,150,000. Five legal units (studios, a one-bedroom and a two-bedroom) plus an on-site parking space, fully renovated in 2022 with mini-split A/C and in-unit laundry hookups. Priced at a 5.40% in-place cap rising to a 5.65% pro forma, with contracted lease-up and mark-to-market on housing-assisted units for stable, government-supported cash flow. Buyer to verify all figures, unit legality and square footage.

Property details

Year built
1899
Property type
ResidentialIncome

Location

1703 Toberman Street • Los Angeles, CA 90015

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Listed by

Logan Altman · Altman Apartments LLC

Listing courtesy of Altman Apartments LLC. Information deemed reliable but not guaranteed.

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