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2112 Toberman St
Los Angeles, CA 90007 West Adams

$1,595,000 USD

Apartments For Sale  •  4,633 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,633 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1961
  • Cap Rate 6.19 %
  • Zoning LARD1.5
80 Transit Score
91 Walk Score

Highlights

Best Cap Rate and GRM in the USC Patrol Zone
Newly Built 3-Bed/3-Bath ADU highlights an attractive unit mix of (1) Studio, (3) 1-Bed/1-Bath, (1) 2-Bed/2-Bath and (1) 3- Bed/3-Bath ADU
Going in at an 10.85 GRM and 6.19% Cap Rate, stabilizes at 8.12 GRM and 9.20% Cap Rate.
Two Vacant and renovated units, ready for the owner to capitalize on the location.
Perfect for Students, 2112 Toberman is steps from USC's Campus

Property Flyers

Financial Summary (Actual)

Net Operating Income: $98,769 USD (2022)
Cap Rate: 6.19 %
Total Expenses: $43,891 USD

Amenities

  • Fenced Lot
  • Property Manager on Site

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 8 min - 3.9 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.1 mi
Transit/SubwayDriveWalkDistance
Lattc/Ortho Institute (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 12 min 0.6 mi
Grand Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 1 min 17 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 22 min - 13.0 mi
Bob Hope 25 min - 14.8 mi
Long Beach (Daugherty Field) 29 min - 21.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: Covered
Included in Rent: Yes
Cameron Samimi 310-259-7556 Lyon Stahl Investment Real Estate
Cameron Samimi 310-259-7556 Lyon Stahl Investment Real Estate