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$ 888,000
Est. payment /mo
Active
1715 Toberman ST Los Angeles, CA 90015
4,673 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25031274
HOA Y/N No
Year Built 1900
Lot Size 4,673 Sqft
Property Sub-Type Apartment
Property Description
Maximize your investment potential with two homes on one lot in the heart of Los Angeles! This versatile multi-unit property is officially registered as a duplex (2 units) but currently operates as a 6-unit income-generating asset, offering exceptional flexibility for investors and entrepreneurs.
The front and back homes provide diverse living arrangements, including cozy studio units with kitchenettes and a separate rear unit featuring a full bedroom, kitchen, dining area, and bathroom. With rents currently below market value, there's tremendous upside potential through future rent adjustments under local rent ordinances.
Located in a prime LA hotspot, this property is near USC, Downtown LA, the Convention Center, Crypto Arena, LA Live, Koreatown, and the LA Memorial Coliseum. Whether you're expanding a business, considering a group home, rehabilitation center, or another residential facility (buyer to verify zoning and permitted uses), this property presents endless possibilities.
Easy access to major freeways enhances convenience for tenants and visitors. Explore financing options with your lender and seize this rare investment opportunity today!
The front and back homes provide diverse living arrangements, including cozy studio units with kitchenettes and a separate rear unit featuring a full bedroom, kitchen, dining area, and bathroom. With rents currently below market value, there's tremendous upside potential through future rent adjustments under local rent ordinances.
Located in a prime LA hotspot, this property is near USC, Downtown LA, the Convention Center, Crypto Arena, LA Live, Koreatown, and the LA Memorial Coliseum. Whether you're expanding a business, considering a group home, rehabilitation center, or another residential facility (buyer to verify zoning and permitted uses), this property presents endless possibilities.
Easy access to major freeways enhances convenience for tenants and visitors. Explore financing options with your lender and seize this rare investment opportunity today!
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD1.5
Interior
Heating Natural Gas, Wall Furnace
Fireplace No
Laundry None
Exterior
Pool None
Community Features Street Lights, Suburban, Sidewalks
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5135025014
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Special Listing Condition Standard
Listed by Alex Avilez • JohnHart Corp. • 626-290-6900