1703 Toberman St, Los Angeles is a completely
remodeled 5 unit building with a 7.85% IN PLACE CAP
Rate and 8.38 GRM. You will not find a better deal in LA!
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 Type :
Residential Income
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/05/2024 @ 20:19
MLS: SB23221246
LISTED BY: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
