1711-1715 Toberman St
Los Angeles, CA 90015
Immeuble residentiel Propriété À vendre · 12 Unités

1711–1715 Toberman Street is a rare value-add multifamily opportunity consisting of 12 units across two adjacent LARD1.5-zoned
parcels totaling 9,344 square feet in South Los Angeles. The property is improved with four separate buildings and includes a diverse mix of SRO and single units, plus a rear studio ADU that is approximately 45% complete.
Located in a strong Downtown Los Angeles-adjacent rental corridor, the asset offers investors immediate upside through management and rent optimization, with current rents estimated to be roughly 30% below market. Major systems have been updated, reducing near-term capital needs, while the adjacent lot configuration and favorable zoning provide future flexibility for additional improvements or future
development. Toberman offers a compelling combination of inplace cash flow, rental upside, ADU income potential, and long term land value in a centrally located Los Angeles submarket.
The large side-by-side lots create a strategic advantage rarely found at this price point. An investor can benefit from both near term income growth and longer-term expansion potential. The location near employment, entertainment, transit, and civic hubs
further supports tenant demand and long-term appreciation