1703 Toberman ST, Los Angeles, CA 90015
1703 Toberman ST, Los Angeles, CA 90015
1703 Toberman ST, Los Angeles, CA 90015
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,150,000
Est. payment /mo
3,510 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26162861

HOA Y/N No

Year Built 1899

Lot Size 3,510 Sqft

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LARD1.5

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Curbs

Private Pool No

Building

Lot Description Near Public Transit

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5135025017

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Logan Altman Altman Apartments LLC 310-903-0222, DRE #01965826

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