Phone888.995.7575

1336 Toberman Street, Los Angeles, CA 90015

$1,679,000 Approx. USD 16 beds, 11 baths
8,433 sqft

Agent Remarks

The exclusive listing agent, is pleased to present a unique street to street 12-unit (one nonconforming) portfolio located at 1336 Toberman Street and 1335 Valencia Street. Investors the opportunity to acquire a property with a tremendous amount of rental upside, and the potential for future development. Just walking distance from the Staples Center, LA Live, 1200 Figueroa, Fig Central, and the world famous billion dollar project; The Metropolis, an investor can couple upside, future development potential, and a solid location packaged in one property. Consisting of six two-bedroom/one-bathroom, four one bedroom/ one bathroom, and two studios with one bathroom, this property features a superior mix of units. The rise in rental rates is directly attributed to the influx of the young professional population flocking to the newly developed infrastructure of Downtown Los Angeles. As a result, an investor can acquire a property with heavy upside in a rapidly appreciating marketplace.

Listing Details

Property type: (Multi-Family)
Status: Backup Offer
MLS# 16-130628
List price is $1,679,000
Beds: 16
Baths: 11
Built in 1923
8,433 sqft
2 Story stories
County: Los Angeles
Zoning: LARD1.5
Parking type: Other
Interior features: Other
Heating description: Other
MLS area: Downtown L.A. (C42)

Last Updated: 11/1/2016

 Find more Los Angeles homes and real estate

 Find more homes in 90015 zip code

This listing belongs to the Downtown L.A. (C42) MLS area

The listing is zoned LARD1.5.
View more listings zoned LARD1.5

Lat/Long: 34.042854, -118.275787.
Find nearby listings

Broker: Courtesy of Marcus & Millichap
Listing Agent: Joshua Ross

Area Map

Nearby Schools

Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National:

Similar Listings