The exclusive listing agent, is pleased to present a unique street to street 12-unit (one nonconforming) portfolio located at 1336 Toberman Street and 1335 Valencia Street. Investors the opportunity to acquire a property with a tremendous amount of rental upside, and the potential for future development. Just walking distance from the Staples Center, LA Live, 1200 Figueroa, Fig Central, and the world famous billion dollar project; The Metropolis, an investor can couple upside, future development potential, and a solid location packaged in one property. Consisting of six two-bedroom/one-bathroom, four one bedroom/ one bathroom, and two studios with one bathroom, this property features a superior mix of units. The rise in rental rates is directly attributed to the influx of the young professional population flocking to the newly developed infrastructure of Downtown Los Angeles. As a result, an investor can acquire a property with heavy upside in a rapidly appreciating marketplace.
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, Listed on
MARCUS & MILLICHAP
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This 16 bedroom Multi-Family home
for sale in Los Angeles, CA
is currently listed for $1,679,000.
Featuring a lot size of 13,753 Sq. Ft.,
1336 Toberman St
was built in 1923 and
has been on ERA.com for 142 days.
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