2112 Toberman Street

Los Angeles, CA 90007

$1,595,000
Price
8
Beds
9
Baths
4,633 Sq. Ft.
$344 / Sq. Ft.
4,633
Sq. Ft.
$344
per Sq. Ft.

Description

Situated in the vibrant USC Patrol Zone of Los Angeles, CA,
2112 Toberman Ave offers a remarkable investment
opportunity. This multi-unit property comprises six wellappointed
units, including a brand-new 3-Bed/3-Bath
ADU that adds a modern touch to the portfolio. Priced
aggressively at 10.72 GRM and 6.48% CAP rate, this
property is the best income you'll find this close to
campus. The two recently renovated units stand ready for
occupancy, providing immediate income potential or the
chance to attract premium
...Situated in the vibrant USC Patrol Zone of Los Angeles, CA,
2112 Toberman Ave offers a remarkable investment
opportunity. This multi-unit property comprises six wellappointed
units, including a brand-new 3-Bed/3-Bath
ADU that adds a modern touch to the portfolio. Priced
aggressively at 10.72 GRM and 6.48% CAP rate, this
property is the best income you'll find this close to
campus. The two recently renovated units stand ready for
occupancy, providing immediate income potential or the
chance to attract premium tenants. Located strategically
near USC, Downtown LA, and major transit routes, this
property ensures a steady flow of potential renters. The
meticulous maintenance of the property guarantees a
hassle-free ownership experience. A standout feature of this investment is the brand-new
ADU, offering four bedrooms and three bathrooms, perfect
for contemporary living arrangements. This addition
further enhances the property's appeal and rental
potential. With significant potential for property
appreciation over time, this investment promises both
stability and long-term growth. Don't miss this rare
opportunity to secure a promising investment in a
dynamic and evolving neighborhood.
  1. Listed by Aaron Jacobson • DRE #02100737 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-729-1559
  2. Listed by Cameron Samimi • DRE #02035763 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc.

Property Details for 2112 Toberman Street

Parking Spaces Total
3
Private Pool
No
Total Units
6.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4633
Assessor Parcel Number
5124-014-010
Property Attached YN
false

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737; Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763
Add your commute
LISTING UPDATED: 04/07/2024 02:58 PM

Property Details for 2112 Toberman Street

StatusActive
MLS #SB23188835
Days on Market171
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
CountyLos Angeles County

Location

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737; Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763
Add your commute

Building Information for 2112 Toberman Street

Building/Complex2112 Toberman StFloor-Stories2Residences-Pet Policy-Year Built1961Building Size-

Payment Calculator

$9,904 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,705

Property Taxes

$1,199

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2112 Toberman Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $148,836
  • Gross Scheduled Income: $148,836
  • Vacancy Allowance Rate: 3
  • Net Operating Income: $103,355
  • Gross Multiplier: 10.85
  • Cap Rate: 6.19
Expense Details
  • Operating Expense: $41,016
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $41,016
Tax / Assessment Info
  • Tax Tract Number: 1234
  • Tax Census Tract: 2244.10
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 27
Community / Development
Community / Development
  • Community Features: Biking, Curbs, Park, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: Front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 6
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,607
  • Unit Type Total Rent: $1,607
  • Unit Type Pro Forma: 2995
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,395
  • Unit Type Total Rent: $2,395
  • Unit Type Pro Forma: 2395
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,040
  • Unit Type Total Rent: $1,040
  • Unit Type Pro Forma: 1895
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,695
  • Unit Type Total Rent: $1,695
  • Unit Type Pro Forma: 2395
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,166
  • Unit Type Total Rent: $1,166
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $4,500
  • Unit Type Pro Forma: 4500
  • Unit Type Type: 6
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 2112 Toberman Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2112 Toberman Street

Taxable ValueLand$816,000Additions$306,200Total$1,122,200
Tax Record2023$14,391 ($1,199 / month)
Home Facts
Total Finished SqFt3,533 SqFtAbove Grade Finished SqFt3,533 SqFtLot Size5,496 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningLARD1.5CountyLOS ANGELESAPN5124-014-010

Schools near 2112 Toberman Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Norwood Street Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2112 Toberman Street is a multi-family home for sale in Los Angeles, CA 90007. This property was listed for sale on October 10, 2023 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $1,595,000. It has been on the market for a total of 171 days and was last sold on April 5, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Norwood Street Elementary School, John Adams Middle School and West Adams Preparatory High School. 2112 Toberman Street is a 8-bed, 9-bath, 4,633 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson, DRE #02100737; Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.