1715 Toberman Street, Los Angeles, CA 90015
Local realty services provided by:ERA North Orange County Real Estate
1715 Toberman Street,Los Angeles, CA 90015
$1,100,000
- 12 Beds
- 6 Baths
- 4,525 sq. ft.
- Multi-family
- Active
Listed by: william james, peter james
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26667611
Source:CRMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$243.09
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 rarely found at this price point. An investor can benefit from both near-term income growth and longer-term expansion potential. The location near employment, entertainment, transit, and civic hubs further supports tenant demand and long-term appreciation....
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Home facts
- Year built:1924
- Listing ID #:26667611
- Added:48 day(s) ago
- Updated:May 08, 2026 at 01:28 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:$1,100,000
- Price per sq. ft.:$243.09
Features and amenities
- Appliances:Refrigerator
- Amenities:Carbon Monoxide Detectors, Gated Community, Smoke Detectors, Window Bars
Parking
- Parking description:Off Site
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