Brand New Asset! All systems have been completely
updated. New Roof, Electrical, Plumbing, Wiring, Interiors.
The property operates like a new asset due to substantial
upgrades to all systems and interiors. The property is
currently operating at a 7.61% Cap Rate and is being
offered at a 8.68 GRM well below market average. This is
the ideal opportunity for any buyer looking for a low-
maintenance, positive leverage asset with high in place
cash flow.
The subject property is comprised of (1) 2-Bed/2-Bath (1)
1-Bed/1-Bath and (3) Studio/1-Bath units (Brand new C of
O shows 5 legal units issued May of 2022). All units have
been extensively renovated, including floors, cabinets,
bathrooms and all major systems. Internet, phone and TV
are provided to the tenants for free.
1703 Toberman St is conveniently located just minutes
from Downtown Los Angeles, with easy access to the 10
and 110 freeways. There are many shops and restaurants
nearby, making it a prime location for renters.
updated. New Roof, Electrical, Plumbing, Wiring, Interiors.
The property operates like a new asset due to substantial
upgrades to all systems and interiors. The property is
currently operating at a 7.61% Cap Rate and is being
offered at a 8.68 GRM well below market average. This is
the ideal opportunity for any buyer looking for a low-
maintenance, positive leverage asset with high in place
cash flow.
The subject property is comprised of (1) 2-Bed/2-Bath (1)
1-Bed/1-Bath and (3) Studio/1-Bath units (Brand new C of
O shows 5 legal units issued May of 2022). All units have
been extensively renovated, including floors, cabinets,
bathrooms and all major systems. Internet, phone and TV
are provided to the tenants for free.
1703 Toberman St is conveniently located just minutes
from Downtown Los Angeles, with easy access to the 10
and 110 freeways. There are many shops and restaurants
nearby, making it a prime location for renters.
Property Details
Price:
$1,150,000
MLS #:
SB25142098
Status:
Active
Baths:
0
Address:
1703 Toberman Street
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
699notdefined
City:
Los Angeles
Listed Date:
Jun 24, 2025
State:
CA
ZIP:
90015
Lot Size:
3,509 sqft / 0.08 acres (approx)
Year Built:
1899
Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Contact Us
Mortgage Calculator
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Courtesy of Lyon Stahl Investment Real Estate, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1703 Toberman Street
Los Angeles, CA
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