1703 Toberman St, Los Angeles is brand new completely
remodeled 5 unit building with an 7.12% IN PLACE CAP Rate
and 9.02 GRM. You are guaranteed rent through
government subsidized PATH program. You will not find a
better deal in LA!
This is the ideal opportunity for any exchange buyer
looking for a low-maintenance, high-cash flow asset
where they can park their money.The subject property is
comprised of (1) 2-Bed/2-Bath (1) 1-Bed/1-Bath and (3)
Studio/1-Bath units (Brand new C of O shows 5 legal
units). All units have been extensively renovated, including
floors, cabinets, bathrooms and all major systems.
Internet, phone and TV are provided to the tenants for
free.
1703 Toberman St is conveniently located just minutes
from Downtown Los Angeles, with easy access to the 10
and 110 freeways. There are many shops and restaurants
nearby, making it a prime location for renters.