$1,595,000 Price Analysis   ♡   Los Angeles, CA 90007 10 bed 9 bath 4,208 SqFt ($379/SqFt) 5,496SqFt lot. Built 1961 Listed 2023-10-11, Taxes $6,878 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
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 nd 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.
Presented by Aaron Jacobson at
Lyon Stahl Investment Re, Inc.
Property MLS #SB23188835 from CRMLS
Lot Size Acres: 0.1261708
Lot Size Source: Assessor
Lot Size Square Feet: 5496
Parking Total: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 1
Bedrooms in Unit-6: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 3
County: Los Angeles
Cap Rate: 5.81
Source Property Type: Residential Income
Area: C42 - Downtown L.A.
Source Neighborhood: C42 - Downtown L.A.
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 7
Number of Separate Water Meters: 1
Parcel Number: 5124014010
Postal Code Plus 4: 1831
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $141,836 + $368,433 $510,269 | $6,878 |
| 2021 | $139,055 + $361,209 $500,264 | $6,780 |
| 2020 | $137,630 + $357,506 $495,136 | $6,839 |
| 2019 | $134,932 + $350,497 $485,429 | $6,598 |
| 2018 | $132,287 + $343,625 $475,912 | $6,481 |
| 2017 | $129,694 + $336,888 $466,582 | $6,309 |
| 2016 | $127,151 + $330,283 $457,434 | $6,142 |
| 2015 | $203,996 + $489,590 $693,586 | $8,957 |
| 2014 | $200,000 + $480,000 $680,000 | $9,016 |
| 2013 | $122,235 + $317,509 $439,744 | $6,097 |
| 2012 | $119,839 + $311,284 $431,123 | $6,173 |
| 2010 | $117,490 + $305,181 $422,671 | $5,974 |
| 2009 | $116,890 + $303,621 $420,511 | $5,761 |
| 2009 | $116,612 + $302,901 $419,513 | $5,761 |
| 2008 | $114,599 + $297,668 $412,267 | $5,534 |
| 2007 | $90,202 + $291,832 $382,034 | $5,087 |
$1,595,000
CRMLS
Listing removed 2024-02-18
$0
CRMLS
Relisted 2024-01-09
$1,595,000
CRMLS
Listing removed 2023-12-22
$0
CRMLS
Relisted 2023-11-28
$1,595,000
CRMLS
Listing removed 2023-11-23
$0
CRMLS
Relisted 2023-11-01
$1,595,000
CRMLS
Listing removed 2023-10-31
$0
CRMLS
Listed 2023-10-11
$1,595,000
CRMLS
Sold 2022-05-27
$1,100,000
Public Record
Sold 2003-11-13
$360,000
Public Record
Listing removed 2003-10-04
$362,000
ITECH
Listing removed 2003-07-14
$355,000
ITECH
Listed 2003-07-03
$362,000
ITECH
Listed 2003-04-02
$355,000
ITECH
Sold 1979-05-14
$58,500
Public Record
Year Built: 1961
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front
Property Age: 63
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.