1715 Toberman Street
Los Angeles, CA 90015
Active for $888,000
Beds: 2 Baths: 1 Structure Size: 2,215 sqft Lot Size: 4,672 sqft
MLS | CV25031274 |
Year Built | 1900 |
Property Type | Residential |
Property Subtype | SingleFamily |
County | Los Angeles |
Status | Active |
Active | $888,000 |
Structure Size | 2,215 sqft |
Lot Size | 4,672 sqft |
Beds | 2 |
Baths | 1 |
Description
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!
Listing information courtesy of: Alex Avilez, JohnHart Real Estate *Based on information from the Association of REALTORS/Multiple Listing as of 02/11/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.