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Image 1 - 1703 Toberman St, Los Angeles, California, 90015 - House for sale

Image 2 - 1703 Toberman St, Los Angeles, California, 90015 - House for sale

Image 3 - 1703 Toberman St, Los Angeles, California, 90015 - House for sale

Image 4 - 1703 Toberman St, Los Angeles, California, 90015 - House for sale

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Image 8 - 1703 Toberman St, Los Angeles, California, 90015 - House for sale

Home For Sale In Los Angeles, California

1703 Toberman St, Los Angeles, California, 90015

Home For Sale In Los Angeles, California

house for sale

Listed: 03/05/24

1703 Toberman St, Los Angeles, California, 90015

1 Bed:

8 Bath:

2,730 Sq Ft Living Area:

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Price

$ 1,3M

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About This House

1703 Toberman St, Los Angeles is a completely remodeled 5 unit building with a 7.68% In place cap Rate and8.55 GRM.You will not find a better deal in LA! 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.

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Pico-Union Housing & Living

Household Income

Median household income: $62,474

Number of households: 1,4M

The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.

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