1703 Toberman St, Los Angeles is a completely remodeled 5 unit building with a 7.85% IN PLACE CAP Rate and 8.38 GRM. You will not find a better deal in LA! This is the ideal opportunity for any buyer looking for a low-maintenance, positive leverage asset with high in place cash flow. The subject property is comprised of (1) 2-Bed/2-Bath (1) 1-Bed/1-Bath and (3) Studio/1-Bath units (Brand new C of O shows 5 legal units issued May of 2022). All units have been extensively renovated, including floors, cabinets, bathrooms and all major systems. Internet, phone and TV are provided to the tenants for free. 1703 Toberman St is conveniently located just minutes from Downtown Los Angeles, with easy access to the 10 and 110 freeways. There are many shops and restaurants nearby, making it a prime location for renters.
CRSB23221246
Business Opportunities, Other
Los Angeles
1899
0.08
Acres
Public
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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