Log In/Sign Up
Your email has been sent.
1711-1715 Toberman St
Los Angeles, CA 90015
Multifamily Property For Sale
·
11 Units
Investment Highlights
- Two Properties for the Price of One — Unlock the value of two properties in a single acquisition.
- Shared bathrooms reduce the number of fixtures and systems that need to be maintained, helping minimize ongoing maintenance
- ADU Upside — The ADU is approximately 50% complete, allowing the new owner to capture the remaining upside and value creation.
Executive Summary
Kingside Investment Group is pleased to present 1711–1715 Toberman Street, a compelling value-add multifamily investment opportunity in South Los Angeles. The offering consists of two adjacent parcels with a combined 12 rental units and approximately 9,344 square feet of land, providing investors with an attractive combination of existing rental income, below-market rents, and future upside potential.
The properties are zoned LARD1.5 and feature multiple existing residential structures. Current rents are reportedly approximately 30% below market, creating an opportunity for an investor to increase revenue through strategic rental adjustments and property improvements. Additionally, a rear studio ADU at 1711 Toberman is approximately 45% complete, providing further potential income upon completion.
The properties are zoned LARD1.5 and feature multiple existing residential structures. Current rents are reportedly approximately 30% below market, creating an opportunity for an investor to increase revenue through strategic rental adjustments and property improvements. Additionally, a rear studio ADU at 1711 Toberman is approximately 45% complete, providing further potential income upon completion.
Property Facts
| Price Per Unit | $125,358 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 6.22% | Building Size | 4,525 SF |
| Gross Rent Multiplier | 8.19 | Average Occupancy | 83% |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2026 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | LARD1.5 - Boarding House, Rooming House, Apt Hotel, Transient Lodgings | ||
| Price Per Unit | $125,358 CAD |
| Sale Type | Investment |
| Cap Rate | 6.22% |
| Gross Rent Multiplier | 8.19 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,525 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built/Renovated | 1900/2026 |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - Boarding House, Rooming House, Apt Hotel, Transient Lodgings |
Amenities
Site Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 12 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $274,466 CAD | |
| Land Assessment | $201,627 CAD | Total Assessment | $476,093 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$201,627 CAD
Improvements Assessment
$274,466 CAD
Total Assessment
$476,093 CAD
1 of 19
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
