Last Updated: 12/5/2016 7:15 PM
Description for 1336 Toberman Street Los Angeles (City), CA 90015
The exclusive listing agent, is pleased to present a unique street to street 12-unit (one nonconforming) portfolio located at 1336 Toberman Street and 1335 Valencia Street. Investors the opportunity to acquire a property with a tremendous amount of rental upside, and the potential for future development. Just walking distance from the Staples Center, LA Live, 1200 Figueroa, Fig Central, and the world famous billion dollar project; The Metropolis, an investor can couple upside, future development potential, and a solid location packaged in one property. Consisting of six two-bedroom/one-bathroom, four one bedroom/ one bathroom, and two studios with one bathroom, this property features a superior mix of units. The rise in rental rates is directly attributed to the influx of the young professional population flocking to the newly developed infrastructure of Downtown Los Angeles. As a result, an investor can acquire a property with heavy upside in a rapidly appreciating marketplace.
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Exterior / Lot Features
Current market conditions for 1336 Toberman Street
Active Market Trends
Median list price$1,225,000
Days on market81
Properties for sale1,702
Sold Market Trends
Median sold price$885,000
Sales to list price10,004.0%
Median sq ft price$603
Arrows indicate 90 day trend
Listing Price History for 1336 Toberman Street
Los Angeles (City) Real Estate
Los Angeles (City) is located in California.
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