tomo logo

$1,595,000

Beds
Unknown
sq ft
4,208

2112 Toberman St, Los Angeles, CA 90007

2112 Toberman St

Los Angeles, CA 90007

  • 265 days on market
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, and 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.

Details

Property type

Apartment

Est. home value

$1,076,057

Lot size

5,496 sq ft

Price per sq ft

$380

Year built

1961

Price History

02/21/2024
CRMLS

CRMLS #SB23188835

Listed
$1,595,000
02/18/2024
CRMLS

CRMLS #SB23188835

Removed
$1,595,000
10/10/2023
CRMLS

CRMLS #SB23188835

Listed
$1,595,000

Schools & Community

Neighborhood: 

University Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Finance Holdings Company Llc

Loan start date

January 2024

Original loan amount

$1,200,000

Est. remaining balance

Not provided

Interest rate

6.95%

Loan type

Not Provided

Seller

Mcp Toberman Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 7:30 AM

Listing updated: 05/13/2024 at 4:50 PM

Listed by: Aaron Jacobson, Phone #: (310) 425-9838

MLS: CRMLS #SB23188835

CRMLS logo