1336 TOBERMAN Street, Los Angeles, CA 90015
Property · 2 recorded sales since 2016
Sold January 2017
Listing Agent: Joshua Ross (DRE #01918715) · Listing Office: Marcus & Millichap · Contact: 818-212-2700 · Bought with: Joshua Ross · Marcus & Millichap · MLS #16130628 · Source: CRMLS
About this property
The exclusive listing agent, is pleased to present a unique street to street 12-unit (one nonconforming) portfolio located at 1336 Toberman Street and 1335 Valencia Street. Investors the opportunity to acquire a property with a tremendous amount of rental upside, and the potential for future development. Just walking distance from the Staples Center, LA Live, 1200 Figueroa, Fig Central, and the world famous billion dollar project; The Metropolis, an investor can couple upside, future development potential, and a solid location packaged in one property. Consisting of six two-bedroom/one-bathroom, four one bedroom/ one bathroom, and two studios with one bathroom, this property features a superior mix of units. The rise in rental rates is directly attributed to the influx of the young professional population flocking to the newly developed infrastructure of Downtown Los Angeles. As a result, an investor can acquire a property with heavy upside in a rapidly appreciating marketplace.
Listing description from the January 2017 sale, as reported to CRMLS.
Sale history
