1336 Toberman St
Los Angeles, CA 90015

Bd   — Ba   8,433 Sqft
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.
  • Property Type: Multi Family
  • MLS#: 16130628
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listed By: Joshua Ross
  • Movoto last checked CRMLS for new data 7 hours ago
  • CRMLS last updated this listing 6 months ago

Home Features for 1336 Toberman Street , Los Angeles

Year Built: 1923
Lot Size Acres: 0.31
Lot Size Square Feet: 13753
Lot Size Units: Square Feet
Lot Size Area: 13753
Price Per Square Foot: 195.66
Parcel Number: 5135033028
Special Listing Conditions: Standard
Standard Status: Closed
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Property History for 1336 Toberman Street, Los Angeles

Status
Date
Price
Sold
Jan 11, 2017
$1,650,000
Active Under Contract
Oct 10, 2016
Listed
May 16, 2016
$1,679,000
#16130628
Sold
May 2, 2016
$1,200,000
Listed
Aug 10, 2015
$1,700,000
#DW15176258

Refinance Rates for 1336 Toberman Street, Los Angeles

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Real Estate Market Statistics for 1336 Toberman Street, Los Angeles

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1336 Toberman Street

List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.68M

1336 Toberman Street

$587K

Pico Union

-2% y/y

Pico Union

$827K

90015

-7% y/y

90015

$998K

Los Angeles

5% y/y

Los Angeles

See all trends for Los Angeles
As of , there are 72 properties listed for sale in ZIP code 90015 and 2,094 properties listed for sale in the city of Los Angeles, CA. Those 2,094 properties include 1,439 single family homes and 655 condos. This property at 1336 Toberman St in 90015 was last listed for $1,650,000. This is 65% above the current median price of $998,944 for Los Angeles and 99% above the median of $827,500 for 90015. 1336 Toberman St is approximately 8,433 Sqft, which is 396% above the Los Angeles median of 1,699 and 608% above the 90015 ZIP code median of 1,191. This property's price per square foot was $196, which is 74% below the current median price in 90015 of $740 and 68% below the Los Angeles median of $617 per Sqft.
Built in 1923, this multi family house at 1336 Toberman St, Los Angeles CA, 90015 is approximately 8,433 square feet and comes with 15 parking spots. It was last listed with a cost per Sqft of $196. 1336 Toberman St is located in the Pico Union neighborhood in the Los Angeles Unified School District. The closest school is Magnolia Avenue Elementary School.

1336 Toberman St, Los Angeles CA, 90015 was on the market for 240 days. The median days on the market for properties in this area is 42 with a median list price of $998,944 and median cost per square foot of $617. Its current status is sold under the MLS #16130628.

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