2112 Toberman Street, Los Angeles, CA 90007

$1,595,000
List Price
$1,595,000
Status
ACTIVE
MLS#
SB23188835
Year Built
1961
Lot Size
5,496
Acres
0.13
Lot Location
0-1 Unit/Acre
Days on Market
200
Property Type
Multifamily
Property Sub Type
Apartment

Property Description

Situated in the vibrant USC Patrol Zone of Los Angeles, CA, 2112 Toberman Ave offers a remarkable investment opportunity. This multi-unit property comprises six wellappointed units, including a brand-new 3-Bed/3-Bath ADU that adds a modern touch to the portfolio. Priced aggressively at 10.72 GRM and 6.48% CAP rate, this property is the best income you'll find this close to campus. The two recently renovated units stand ready for occupancy, providing immediate income potential or the chance to attract premium tenants. Located strategically near USC, Downtown LA, and major transit routes, this property ensures a steady flow of potential renters. The meticulous maintenance of the property guarantees a hassle-free ownership experience. A standout feature of this investment is the brand-new ADU, offering four bedrooms and three bathrooms, perfect for contemporary living arrangements. This addition further enhances the property's appeal and rental potential. With significant potential for property appreciation over time, this investment promises both stability and long-term growth. Don't miss this rare opportunity to secure a promising investment in a dynamic and evolving neighborhood.

Additional Information

Pool Description
None
Garage Spaces Total
3
Sewer
Public Sewer
Water
Public
Attached Structure
Detached
Number Of Units Total
6
Gross Scheduled Income
$136,832
Operating Expense
40097

Listing courtesy of Listing Agent: Aaron Jacobson (aaron@lyonstahl.com) from Listing Office: Lyon Stahl Investment Real Estate, Inc..

Mortgage Calculator

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.