Maximize your investment potential with this versatile multi-unit property in the heart of Los Angeles! Registered as a duplex and currently utilized as a rooming house, this 6-unit income-generating asset offers exceptional flexibility for investors and entrepreneurs. Units range from cozy studios with kitchenettes to a separate back unit featuring a full bedroom, kitchen, dining area, and bathroom. With rents currently below market, future adjustments in accordance with rent ordinance increases provide a strategic opportunity to boost cash flow. The unbeatable location places this property near USC, Downtown LA hotspots like the Convention Center, Crypto Arena, and LA Live, as well as the LA Memorial Coliseum, Koreatown, and Toberman Park. Endless possibilities await—whether you're expanding a business, considering a group home, rehabilitation center, or other residential facility (buyer to verify zoning and permitted uses). Close proximity to major freeways ensures ease of access for tenants and visitors alike. Explore financing options with your lender and seize this prime LA investment today!
Address | 1715 Toberman Street |
City | Los Angeles |
State | CA |
Zip | 90015 |
County | Los Angeles |
Listing Agent | Alex Avilez DRE #01271332 |
Courtesy Of | JohnHart Real Estate |
List Price | $888,000 |
Status | Active |
Type | SingleFamily |
Structure Size | 2,215 sqft |
Lot Size | 4,672 sqft |
Year Built | 1900 |
Listing information courtesy of: Alex Avilez, JohnHart Real Estate. *Based on information from the Association of REALTORS/Multiple Listing as of 02/12/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.