Date
Details
Price
Change
Source
3/20/2026
Listed
$1,288,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
$1,288,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/19
Property Description
1711-1715 Toberman Street is a rare value-add multifamily opportunity consisting of 12 units across two adjacent LARD1.5-zoned parcels totaling 9,344 square feet in South Los Angeles. The property is improved with four separate buildings and includes a diverse mix of SRO and single units, plus a rear studio ADU that is approximately 45% complete. Located in a strong Downtown Los Angeles-adjacent rental corridor, the asset offers investors immediate upside through management and rent optimization, with current rents estimated to be roughly 30% below market. Major systems have been updated, reducing near-term capital needs, while the adjacent lot configuration and favorable zoning provide future flexibility for additional improvements or future development. Toberman offers a compelling combination of in-place cash flow, rental upside, ADU income potential, and long-term land value in a centrally located Los Angeles submarket. The large side-by-side lots create a strategic advantage rarely found at this price point. An investor can benefit from both near-term income growth and longer-term expansion potential. The location near employment, entertainment, transit, and civic hubs further supports tenant demand and long-term appreciation.
Full Property Details
Full Property Details for 1715 Toberman St
General
- Price: $1,288,000
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26667611
- Updated: 3/20/2026
- Added to Site: 2 day(s) ago
Interior
- Rooms/Areas: Patio Covered
Rooms
Bathrooms
- Total Bathrooms: 6
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
- Security/Safety: Gated, Carbon Monoxide Detector(s), Smoke Detector, Window Bars, Exterior Security Lights
- Other Features: Accessory Bldgs
Exterior
- Deck/Patio: Porch - Front
Parking
- Garage Description: Offsite
Location
- Area: Downtown L.A.
- County: Los Angeles
- Cross Streets: Toberman St and W. 17th St.
- Driving Directions: Heading West on Venice turn South on Toberman. Property is on the West side of the street.
- Direction Faces: East
Heating & Cooling
- Cooling Type: Wall/Window
- Heating Type: Wall
Utilities
- Sewer: In Street
- Water: Public
Structural Information
- # Buildings: 4
- Architectural Style: Craftsman
- Exterior Const.: Stucco, Wood Siding
- Common Walls: Attached
- Entry Location: Ground Level w/steps
- Stories/Levels: 2
- Square Feet: 4,525
- Sq. Ft. Source: Estimated
- Year Built: 1924
- Year Built Source: Other
Unit Information
- Units in Complex: 12
- Unit Type: 2106
Unit 1
- Total Bathrooms: 1
Additional Structures
- Other Structures: Accessory Bldgs
Lot Features
- Property View: City
- Lot Size (Acres): 0.2146
- Lot Size: 9344
- Lot Size Source: Assessor
- Lot Dimensions: 88 x 106
- Lot Features: City
- Zoning: LARD1.5
- Lot Description: 2-4 Lots, Level/Flat Lot
Financial Considerations
- Price Per Sq. Ft.: $284.64
- Price Per Unit: 107333
- Assessment Year: 1924
- Owner Pays: Water, Gas, Electricity, Gardener
Disclosures and Reports
- Disclosures/Reports: None
- APN: 5135-025-014
Listed by Lyon Stahl Investment Real Estate, Inc., William James and Lyon Stahl Investment Real Estate, Inc., Peter James
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agents
— 1715 Toberman St —
William James
Lyon Stahl Investment Real Estate, Inc.
Peter James
Lyon Stahl Investment Real Estate, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1715 Toberman St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Norwood Street Elementary School 2020 Oak Street, Los Angeles, CA 90007 | K-5 | 0.3 mi |
John Adams Middle School, Los Angeles, CA 151 West 30th Street, Los Angeles, CA 90007 | 6-8 | 1.3 mi |
West Adams Preparatory High School 1500 West Washington Boulevard, Los Angeles, CA 90007 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1715 Toberman St
Tax History
Tax History for 1715 Toberman St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,510
3%
$181,194
4%
2023
$2,439
109%
$174,159
2%
2022
$1,169
-49%
$170,745
2%
2021
$2,296
-1%
$167,398
1%
2020
$2,314
4%
$165,683
2%
2019
$2,234
3%
$162,436
2%
2018
$2,173
2%
$159,252
2%
2017
$2,131
3%
$156,130
2%
2016
$2,059
1%
$153,070
2%
2015
$2,032
-1%
$150,772
2%
2014
$2,050
—
$147,820
—
2013
$2,044
—
$147,153
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1715 Toberman St
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Multi-Family
- Active
- 12Total Beds
Listed by Ellie Kohansedgh (CalRE#: 01464813) (310) 350-0805 and Peter Shamouil (CalRE#: 01818860) (310) 424-8626
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 3Total Baths
- 1,165Sq. Ft.
- Retail
- Active
- Updated 1 day ago
- 960Sq. Ft.
- 0.1063Acres
- Single Family
- Active
- Updated 21 hours ago
- 2Beds
- 1Total Bath
- 696Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 3Total Baths
- 2,216Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Industrial
- Active
- Updated 1 day ago
- 2,364Sq. Ft.
- 0.1587Acres
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 1Total Bath
- 880Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1715 Toberman St, Los Angeles, CA 90015 (MLS# 26667611) is a Multi-Family property with units containing 12 bedrooms and 0 full bathrooms. 1715 Toberman St is currently listed for $1,288,000 and was received on March 20, 2026. Want to learn more about 1715 Toberman St? Do you have questions about finding other Multi-Family real estate for sale in Downtown L.A.? You can browse all Downtown L.A. real estate or contact a Coldwell Banker agent to request more information.