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1324 Toberman St, Los Angeles, CA 90015
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1324 Toberman St Los Angeles, CA 90015

$1,120,000
  • 12 Beds
  • 14 Baths
  • 2,948 Sq.Ft.
For Sale
$1,120,000 Get Pre-Qualified
Map preview of 1324 Toberman St, Los Angeles, CA 90015

Property Overview: 1324 Toberman St Los Angeles, CA has 12 bedrooms, 14 bathrooms, 2,948 living square feet and 7,311 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to this incredible 4-unit property located in a historical zone and just moments away from the Staples Center, Downtown LA and Koreatown. This is a rare opportunity to own an investment property with potential for significant rental income. One of the units is a newly built addition, offering modern amenities and stylish finishes, and boasting a spacious 957 sqft floor plan. Each unit features its own unique layout and charm, providing a variety of options for potential renters. The newly paved parking area provides plenty of space for tenants, making parking a breeze. Located in a prime location, this property is perfect for those looking to enjoy all the best that Downtown LA has to offer. From fine dining to world-class entertainment, everything is just a stone's throw away. Don't miss out on this chance to own a piece of history while generating rental income.

Listed by 'Amy'Mi Soon Kim | BRE #02063096 | Hanbada Realty Inc.
Last checked: 4 minutes ago | Last updated: March 30th, 2024 | Source CRMLS | DOM: 58
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Home details

Lot Sq. Ft
7,311
HOA Dues
$0/mo
Year built
1890
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24363083
City
Los Angeles
County
Los Angeles
Time on Site
64 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,835
  • Total Rent: $1,835
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,196
  • Total Rent: $1,196
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $912
  • Total Rent: $912
  • Pro Forma/Market Rent: $1,200
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.98%
  • Gross Rent Multiplier: 14.2
  • Gross Scheduled Income: --
  • Net Operating Income: $55,723
  • Gross Operating Income: $78,516
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1324 Toberman St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
  • Dishwasher, Refrigerator
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 7
  • Has Parking
  • Parking Features: Gated, Assigned
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 5135033013
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: One block east from S. Union Ave., between Pico and Venice.
View more facts & features

Local Los Angeles Agent

Sale History for 1324 Toberman St

Last leased for $2,550 on July 27th, 2023

  • April, 2024

  • Apr 23, 2024

    Date

    Hold

    CRMLS: 24379093

    $2,600

    Price

  • Apr 11, 2024

    Date

    Active

    CRMLS: 24379093

    $2,600

    Price

  • Listing provided courtesy of CRMLS

    Beautifully Remodeled 2 BEDROOM + 2 BATHROOM unit with stainless appliances is now available. The master room is bright, featuring laminated flooring and a modern kitchen with granite countertops and washer and dryer. The unit also includes separate utility options for gas and electric. This unit comes with the added convenience of 1 parking space available in a gated area. Possibly, it could accommodate 2 cars. This prime L.A. Downtown location offers convenience and easy access to Koreatown, the USC Campus, Staples Center, Loyola Law School, and the 110 Freeway. Please feel free to contact us for more information or to schedule a viewing.

  • February, 2024

  • Feb 28, 2024

    Date

    Active

    CRMLS: 24363083

    $1,195,000

    Price

  • July, 2023

  • Jul 28, 2023

    Date

    Canceled

    CRMLS: 23261423

    $1,260,000

    Price

  • Apr 18, 2023

    Date

    Active

    CRMLS: 23261423

    $1,225,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome to this incredible 4-unit property located in a historical zone and just moments away from the Staples Center, Downtown LA and Koreatown. This is a rare opportunity to own an investment property with potential for significant rental income. One of the units is a newly built addition, offering modern amenities and stylish finishes, and boasting a spacious 957 sqft floor plan. Each unit features its own unique layout and charm, providing a variety of options for potential renters. The newly paved parking area provides plenty of space for tenants, making parking a breeze. Located in a prime location, this property is perfect for those looking to enjoy all the best that Downtown LA has to offer. From fine dining to world-class entertainment, everything is just a stone's throw away. Don't miss out on this chance to own a piece of history while generating rental income. Schedule a viewing today!

  • July, 2023

  • Jul 27, 2023

    Date

    Leased

    CRMLS: 23293861

    $2,550

    Price

  • Jul 24, 2023

    Date

    Active

    CRMLS: 23293861

    $2,550

    Price

  • Listing provided courtesy of CRMLS

    Beautifully Remodeled 2 BEDROOM + 2 BATHROOM unit with brand new appliances is now available. The master room is bright, featuring laminated flooring and a modern kitchen with granite countertops and washer and dryer. The unit also includes separate utility options for gas and electric. This unit comes with the added convenience of 1 parking space available in a gated area. Possibly, it could accommodate 2 cars. This prime L.A. Downtown location offers convenience and easy access to Koreatown, the USC Campus, Staples Center, Loyola Law School, and the 110 Freeway. Please feel free to contact us for more information or to schedule a viewing.

  • August, 2021

  • Aug 18, 2021

    Date

    Sold

    CRMLS: 21746094

    $780,000

    Price

  • Aug 3, 2021

    Date

    Pending

    CRMLS: 21746094

    $870,000

    Price

  • Jul 12, 2021

    Date

    Active Under Contract

    CRMLS: 21746094

    $870,000

    Price

  • Jun 8, 2021

    Date

    Active

    CRMLS: 21746094

    $870,000

    Price

  • Listing provided courtesy of CRMLS

    CONVENIENTLY LOCATED TO DTLA , 10 FWY, AND 110 FWY. THIS PROPERTY IS FULL OF POTENTIAL. SO IF YOU ARE LOOKING FOR YOUR NEXT PROJECT, DRIVE BY AND CONSIDER THIS PROPERTY.

  • August, 1993

  • Aug 23, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1324 Toberman St

Assessed Value (2020): $390,468
Year Land Value Improved Value Assessed Value
2020 $289,461 $101,007 $390,468

Home Value Compared to the Market

This property vs the competition

1324 Toberman St is listed 8.57% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $379.92 per/sqft which puts the price per square foot 50.91% lower than the median price per square foot for the city of Los Angeles.

About 1324 Toberman St

Detailed summary of property

1324 Toberman St is a multi family located in Los Angeles, CA 90015 and is currently for sale. This multi family property offers 12 bedrooms, 14 bathrooms, roughly 2,948 living square feet, and sits on an approximately 7,311 square foot lot. 1324 Toberman St was first listed on ArdentRealEstateGroup.com on February 28, 2024. The homeowner is currently asking $1,120,000 and was originally asking $1,195,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.57% lower than the median priced home. Local competing homes currently for sale include 1523 Arapahoe St, 1734 Magnolia Ave and 1718 S New England St. While the average home in Los Angeles, CA is selling in 96 days, 1324 Toberman St has a days on market of 58 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 1324 Toberman St Los Angeles, CA 90015 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1324 Toberman St

Public county record property details
Beds
2
Baths
3
Year built
1890
Sq. Ft.
1,973
Lot Size
7,310
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
6
APN
5135-033-013

The source for these homes facts are from public records.

90015 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$869,000
Median List Price/Sq.Ft.
$732
Median Sold Price
$625,000
Median Sold Price/Sq.Ft.
$608
Total Inventory
77
Median Sale to List Price %
100%
Avg Days on Market
35
Loan Type
Conventional (9.09%), FHA (0%), VA (0%), Cash (27.27%), Other (18.18%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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