1715 Toberman Street, Los Angeles, CA 90015

Los Angeles
Local realty services provided by:ERA North Orange County Real Estate
1715 Toberman Street,Los Angeles, CA 90015
$1,288,000
  • 12 Beds
  • 6 Baths
  • 4,525 sq. ft.
  • Multi-family
  • Active
Listed by: william james, peter james
Office: lyon stahl investment real estate, inc.
MLS#:26667611
Source:CRMLS

Price summary

  • Price:$1,288,000
  • Price per sq. ft.:$284.64

About this home

1711-1715 Toberman Street is a rare value-add multifamily opportunity consisting of 12 units across two adjacent LARD1.5-zoned parcels totaling 9,344 square feet in South Los Angeles. The property is improved with four separate buildings and includes a diverse mix of SRO and single units, plus a rear studio ADU that is approximately 45% complete. Located in a strong Downtown Los Angeles-adjacent rental corridor, the asset offers investors immediate upside through management and rent optimization, with current rents estimated to be roughly 30% below market. Major systems have been updated, reducing near-term capital needs, while the adjacent lot configuration and favorable zoning provide future flexibility for additional improvements or future development. Toberman offers a compelling combination of in-place cash flow, rental upside, ADU income potential, and long-term land value in a centrally located Los Angeles submarket. The large side-by-side lots create a strategic advantage...

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Home facts

  • Year built:1924
  • Listing ID #:26667611
  • Added:2 day(s) ago
  • Updated:March 23, 2026 at 01:35 PM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Kitchen Description:Refrigerator
  • Living area:4,525 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnace

Structure and exterior

  • Year built:1924
  • Building area:4,525 sq. ft.
  • Lot area:0.21 Acres
  • Architectural Style:Craftsman
  • Construction Materials:Stucco, Wood Siding
  • Exterior Features:Front Porch
  • Levels:Multi Split

Finances and disclosures

  • Price:$1,288,000
  • Price per sq. ft.:$284.64

Features and amenities

  • Appliances:Refrigerator
  • Amenities:Carbon Monoxide Detectors, Gated Community, Smoke Detectors, Window Bars

Parking

  • Parking description:Off Site
Based on information from California Regional Multiple Listing Service, Inc. as of March 23, 2026 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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