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Listed By: Lyon Stahl Investment Real Estate, Inc., 310-259-7556, Cameron Samimi
Local Realty Services Provided By: Keller Williams Realty Los Feliz
US / CA / Los Angeles / Pico-Union East / 1703 Toberman Street
Overview
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US / CA / Los Angeles / Pico-Union East / 1703 Toberman Street
1703 Toberman Street, Los Angeles, CA 90015
sq ft
ac
US / CA / Los Angeles / Pico-Union East / 1703 Toberman Street

1703 Toberman Street, Los Angeles, CA 90015

Estimation provided by Keller Williams Realty, LLC.
sq ft
ac
Active
For Sale
Open House:
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Property Description

Brand New Asset! All systems have been completely

updated. New Roof, Electrical, Plumbing, Wiring, Interiors.

The property operates like a new asset due to substantial

upgrades to all systems and interiors. The property is

currently operating at a 7.61% Cap Rate and is being

offered at a 8.68 GRM well below market average. 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.

Property Details

Compare This Home
Overview
Property Type
Apartment
Property Size
sq ft
Year Built
1899
Days on Site
3 Days
Parking
No
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Activity History

VIEWS
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Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Estimation provided by Keller Williams Realty, LLC. This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.
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US / CA / Los Angeles / Pico-Union East /

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Transit & Commute

Estimated commute times from Pico-Union East
Car-Dependent Walkable Very Walkable
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