1703 Toberman Street, Los Angeles, CA 90015

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Glen Henderson

[email protected] +1(619) 889-7646

$1,150,000

Est. payment - /mo

3 Beds

5 Baths

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25142098

Bedrooms 3

Property Sub-Type Res Income 2-4 Units

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.

Location

State CA

County Los Angeles

Zoning Appraiser

Direction South of Venice Blvd & North of 10 Freeway

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5135025017

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Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

1703 Toberman Street Los Angeles, CA 90015

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Get More Information