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Los Angeles, CA 90015 1324 Toberman Street

$1,120,000

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Presented By: 'Amy'Mi Soon Kim with Hanbada Realty Inc.;
  • MLS# 24363083
  • 02/28/2024
  • Request Tour
  • Request Info
  • BedBeds • 5
  • BathBaths • 5
  • FootageSQFT • 2,948

Home Details

Welcome to this incredible 4-unit property located in a historical zone and just moments away from the Staples Center, Downtown LA and Koreatown. This is a rare opportunity to own an investment property with potential for significant rental income. One of the units is a newly built addition, offering modern amenities and stylish finishes, and boasting a spacious 957 sqft floor plan. Each unit features its own unique layout and charm, providing a variety of options for potential renters. The newly paved parking area provides plenty of space for tenants, making parking a breeze. Located in a prime location, this property is perfect for those looking to enjoy all the best that Downtown LA has to offer. From fine dining to world-class entertainment, everything is just a stone's throw away. Don't miss out on this chance to own a piece of history while generating rental income.
Presented By: 'Amy'Mi Soon Kim with Hanbada Realty Inc.;

Interior Features for 1324 Toberman Street

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Full Baths
Half Baths
Total Baths5

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Street SuffixStreet
Total Stories1

General for 1324 Toberman Street

Additional Parcels Y/NNo
AppliancesDishwasher, Refrigerator, Dryer, Washer
Attached Garage No
Buyer FinancingCash, Conventional
Cap Rate4.98
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
Days on Market31
DirectionsOne block east from S. Union Ave., between Pico and Venice.
DisclosuresHistorical
Garage Y/NNo
Gross Income78516.0
HOA / Comm AssnNo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet7311.0
MLS AreaC42 - Downtown L.A.
MobileHomeRemainsYNNo
Net Operating Income55723.0
New ConstructionNo
Occupancy DescriptionTenant
Open Parking Spaces7.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Attached Y/NNo
Property ConditionUpdatedRemodeled
Property TypeResidentialIncome
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Street NameToberman
Tenant PaysElectricity, Gas, TrashCollection
Total Units4
View Y/NNo
Waterfront Y/NNo
Year Built1890
ZoningLARD1.5

Exterior for 1324 Toberman Street

Building Area Total2948.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1678
Lot Size Area7311.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesAssigned, Gated
SpaNo
Total Parking7.0

Additional Details

Price History

1527188455

First Team Client Services

Price $1,120,000
MLS#24363083
List Date 02/28/2024
Property Type Multi-Family
Phone 714.964.3311
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CRMLS Compliance Statements & Disclaimers

*According to the National Association of Realtors