1703 Toberman Street, Los Angeles, CA 90015
- $1,150,000
- List Price
- $1,150,000
- Status
- ACTIVE
- MLS#
- SR26162861
- Year Built
- 1899
- Lot Size
- 3,509
- Acres
- 0.08
- Lot Location
- Near Public Transit
- Days on Market
- 1
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
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.
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Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 5
- Gross Scheduled Income
- $129,240
- Operating Expense
- 63311
Listing courtesy of Listing Agent: Logan Altman (logan@altmanapartments.com) from Listing Office: Altman Apartments LLC.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.