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1715 Toberman Street, Los Angeles, CA 90015

Los Angeles
Local realty services provided by:CENTURY 21 Century Real Estate
1715 Toberman Street,Los Angeles, CA 90015
$1,100,000
  • 12 Beds
  • 6 Baths
  • 4,525 sq. ft.
  • Multi-family
  • Active
Listed by: william james, peter james
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:26667611
Source:CRMLS

Price summary

  • Price:$1,100,000
  • Price per sq. ft.:$243.09

About this home

1711-1715 Toberman Street is a rare value-add multifamily opportunity consisting of 12 units across two adjacent LARD1.5-zoned parcels totaling 9,344 square feet in South Los Angeles. The property is improved with four separate buildings and includes a diverse mix of SRO and single units, plus a rear studio ADU that is approximately 45% complete. Located in a strong Downtown Los Angeles-adjacent rental corridor, the asset offers investors immediate upside through management and rent optimization, with current rents estimated to be roughly 30% below market. Major systems have been updated, reducing near-term capital needs, while the adjacent lot configuration and favorable zoning provide future flexibility for additional improvements or future development. Toberman offers a compelling combination of in-place cash flow, rental upside, ADU income potential, and long-term land value in a centrally located Los Angeles submarket. The large side-by-side lots create a strategic advantage...

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Home facts

  • Year built:1924
  • Listing ID #:26667611
  • Added:75 day(s) ago
  • Updated:June 04, 2026 at 10:41 AM

Rooms and interior

  • Bedrooms:12
  • Total bathrooms:6
  • Kitchen Description:Refrigerator
  • Living area:4,525 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Wall Furnance

Structure and exterior

  • Year built:1924
  • Building area:4,525 sq. ft.
  • Lot area:0.21 Acres
  • Architectural Style:Craftsman
  • Construction Materials:Stucco, Wood Siding
  • Exterior Features:FrontPorch

Finances and disclosures

  • Price:$1,100,000
  • Price per sq. ft.:$243.09

Features and amenities

  • Amenities:Carbon Monoxide (CO2) Detector

Parking

  • Parking description:Off Site
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