2112 Toberman St - Apartments FOR SALE


Los Angeles, CA 90007
$1,595,000 USD
310-259-7556
2112 Toberman St, Los Angeles, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/17
null | 6.19% Cap Rate

2112 Toberman St
Los Angeles, CA 90007


HIGHLIGHTS

  • Best Cap Rate and GRM in the USC Patrol Zone
  • Newly Built 3-Bed/3-Bath ADU highlights an attractive unit mix of (1) Studio, (3) 1-Bed/1-Bath, (1) 2-Bed/2-Bath and (1) 3- Bed/3-Bath ADU
  • Going in at an 10.85 GRM and 6.19% Cap Rate, stabilizes at 8.12 GRM and 9.20% Cap Rate.
  • Two Vacant and renovated units, ready for the owner to capitalize on the location.
  • Perfect for Students, 2112 Toberman is steps from USC's Campus

OVERVIEW

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 well appointed units, including a brand-new 3-Bed/3-Bath ADU that adds a modern touch to the portfolio. Priced aggressively at 10.85 GRM and 6.19% 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.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$344 USD /SF

# OF UNITS

6

PRICE/UNIT

$265,833

CAP RATE

6.19%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1961

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

LARD1.5

APN/PARCEL ID

5124-014-010

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

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Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.