1336 Toberman St
Los Angeles, CA 90015

Bd   Ba   8,433 Sqft   240 Days
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.
  • $0 HOA
  • $196/Sqft
  • MLS#16130628 provided by Joshua Ross of Marcus & Millichap
  • Movoto last checked CRMLS for new data 1 hour ago
  • CRMLS last updated this listing 8 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
Exterior
Number Of Buildings: 2
Building Area Total: 8433
Parking Features: Other
Parking Total: 15
Number Of Units Total: 11
Amenities / Utilities
Laundry Features: See Remarks
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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

Real Estate Market Statistics for 1336 Toberman Street, Los Angeles

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1336 Toberman Street

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Pico Union
Los Angeles
90015
List Price
Price/Sqft
Homes for Sale
Days on Movoto

List Price

$1.68M

1336 Toberman Street

$575K

Pico Union

0% y/y

Pico Union

$890K

90015

1% y/y

90015

$959K

Los Angeles

0% y/y

Los Angeles

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Refinance Rates for 1336 Toberman Street, Los Angeles

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1336 Toberman St in ZIP code 90015 is a multi family home that was last listed for $1,650,000. This is 85% above the current median of $890,000 for 90015 and 72% above the current median price of $959,450 for the city of Los Angeles, CA. As of today, , there are 61 properties listed for sale in the 90015 area and 2,000 properties listed for sale in Los Angeles. Of those 2,000 properties for sale, 1,405 are single family homes and 595 are condos. 1336 Toberman St is approximately 8,433 Sqft, 404% above the Los Angeles median of 1,672 and 621% above the 90015 ZIP code median of 1,170. The price per square foot was $196 which is 74% below the current median price in 90015 of $753 and 67% below the Los Angeles median of $597 per square foot.
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 $959,450 and median cost per square foot of $597. Its current status is sold under the MLS #16130628.

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