1703 Toberman Street
Property Overview
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.
Home Details
- Property type
- Residential Income - Apartment
- Year built
- 1899
- Lot size
- 3,509 sq ft
- Stories
- 2
- Days on market
- 0
- MLS status
- Active
- Zoning
- LARD1.5
Features & Amenities
Pool
- None
Lot
- Near Public Transit
Community, Schools & Utilities
Utilities
- Water
- Public
- Sewer
- PublicSewer
Location & Neighborhood
Frequently Asked Questions About 1703 Toberman Street
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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