Property Detail

1703 Toberman

Los Angeles CA 90015

$1,100,000

Status: Active

Property Details

Description

Toberman House - a beautifully restored 1899 Historic Victorian in the South Park / Pico-Union area, blocks from Downtown LA, LA Live and Metro. Offered at $1,100,000. Five legal units (studios, a one-bedroom and a two-bedroom) plus an on-site parking space, fully renovated in 2022 with mini-split A/C and in-unit laundry hookups. Priced at an 8.08% in-place cap rate on the buyer's reassessed tax basis, with contracted lease-up and mark-to-market on housing-assisted units for stable, government-supported cash flow. Buyer to verify all figures, unit legality and square footage.

Map Location

Listing provided courtesy of Logan Altman of Altman Apartments LLC. Last updated 2026-11-15 09:10:54.000000. Listing information © 2026 CRMLS.

The Lineup

The Lineup

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