1703 Toberman Street, Los Angeles, California 90015

Toberman House – a beautifully restored 1899 Historic Victorian in the South Park / Pico-Union area, blocks from Downtown LA, LA Live and Metro. Offered at $1, 150, 000. Five legal units (studios, a one-bedroom and a two-bedroom) plus an on-site parking space, fully renovated in 2022 with mini-split A/C and in-unit laundry hookups. Priced at a 5.40% in-place cap rising to a 5.65% pro forma, with contracted lease-up and mark-to-market on housing-assisted units for stable, government-supported cash flow. Buyer to verify all figures, unit legality and square footage.