1703 Toberman Street

About This Property

Toberman House - a beautifully restored 1899 Historic Victorian in the South Park / Pico-Union area, blocks from Downtown LA, LA Live and Metro. Offered at $1,100,000. Five legal units (studios, a one-bedroom and a two-bedroom) plus an on-site parking space, fully renovated in 2022 with mini-split A/C and in-unit laundry hookups. Priced at an 8.08% in-place cap rate on the buyer's reassessed tax basis, with contracted lease-up and mark-to-market on housing-assisted units for stable, government-supported cash flow. Buyer to verify all figures, unit legality and square footage.

Unit Mix

1 unit · 0bd / 1ba

Neighborhood

This property is located in Los Angeles. Want to learn more about the area?

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Listing courtesy of Altman Apartments LLC

Listing data from CRMLS. Deemed reliable but not guaranteed.

Asking Price

$1,100,000

Est. Monthly Payment

$7,029/mo

20% down · 6.5% rate · 30yr

Run the Numbers

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Listing Agent

Logan Altman

Altman Apartments LLC