Jeremiah Moersch REALTOR®
Office: 760-533-2540
1703 Toberman Street, Los Angeles
$1,275,000
Click the arrows next to the image to browse our photo gallery for this property.
1 Bed
8 Baths
.08 Acre
0 Garage
1703 Toberman St, Los Angeles is a completely
remodeled 5 unit building with a 7.85% IN PLACE CAP
Rate and 8.38 GRM. You will not find a better deal in LA!
This is the ideal opportunity for any buyer looking for a
low-maintenance, positive leverage asset with high in
place cash flow.
The subject property is comprised of (1) 2-Bed/2-Bath
(1) 1-Bed/1-Bath and (3) Studio/1-Bath units (Brand
new C of O shows 5 legal units issued May of 2022). All
units have been extensively renovated, including
floors, cabinets, bathrooms and all major systems.
Internet, phone and TV are provided to the tenants for
free.
1703 Toberman St is conveniently located just minutes
from Downtown Los Angeles, with easy access to the
10 and 110 freeways. There are many shops and
restaurants nearby, making it a prime location for
renters.
Essential Information
- MLS® #
- SB23221246
- Price
- $1,275,000
- Bedrooms
- 1
- Bathrooms
- 8.00
- Acres
- 0.08
- Year Built
- 1899
- Type
- Residential Income
- Sub-Type
- Apartment
- Status
- Active
Community Information
- Address
- 1703 Toberman Street
- Area
- 699 - Not Defined
- City
- Los Angeles
- County
- Los Angeles
- Zip Code
- 90015
- Community Features
- Urban
- Senior Community
- N
Amenities
- Pool
- None
Interior
- # of Stories
- 2
Exterior
- Lot Description
- 0-1 Unit/Acre
Additional Information
- Date Listed
- December 5th, 2023
- Days on Market
- 131
- Zoning
- LARD1.5
Listing Details
- Agent
- Cameron Samimi
Office
Lyon Stahl Investment Real Estate, Inc.
Property History
Price Reduced from $1,300,000 to $1,275,000
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 6th, 2024 at 7:10am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.