Property Details
About this Property
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 7.97% Cap Rate and is being offered at a 8.81 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.
MLS Listing Information
MLS #
CRSB25142098
MLS Source
California Regional MLS
Days on Site
24
Interior Features
Laundry
None
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Contact Information
Listing Agent
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
License #: 02035763
Phone: –
Co-Listing Agent
Olga Wright
License #: 01315042
Phone: (310) 606-2076
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1703 Toberman St is a Residential Income in Los Angeles, CA 90015. This – square foot property sits on a 3,509 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,150,000 and was built in 1899. This address can also be written as 1703 Toberman St, Los Angeles, CA 90015.
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This listing information is up-to-date as of July 07, 2025. For the most current information, please contact Cameron Samimi
