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.
  • Neighborhood: Pico Union
  • Days on Movoto: 240
  • Year Built: 1923
  • HOA:
  • $/Sqft: $196
  • Lot: 13,753 Sqft
  • Property Type: Multi Family
  • MLS#: 16130628
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listed By: Joshua Ross
  • Movoto last checked CRMLS for new data 10 minutes ago
  • CRMLS last updated this listing 1 month ago
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Property History for 1336 Toberman St, 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
1336 Toberman St in ZIP code 90015 is a multi family home that was last listed for $1,650,000. This is 107% above the current median of $799,000 for 90015 and 89% above the current median price of $875,000 for the city of Los Angeles, CA. As of today, , there are 62 properties listed for sale in the 90015 area and 1,884 properties listed for sale in Los Angeles. Of those 1,884 properties for sale, 1,315 are single family homes and 569 are condos. 1336 Toberman St is approximately 8,433 Sqft, 411% above the Los Angeles median of 1,651 and 592% above the 90015 ZIP code median of 1,218. The price per Sqft was $196 which is 73% below the current median price in 90015 of $726 and 66% below the Los Angeles median of $574 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 for $1,679,000 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. Its current status is sold under the MLS #16130628.

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