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$1,100,000

1703 Toberman Street

Los Angeles, CA 90015

Active

1899

Year Built

Los Angeles

County

Apartment

Property Type

About this home

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 $1,100,000. 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 an 8.08% in-place cap rate on the buyer's reassessed tax basis, 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.

Listed by Logan Altman · DRE #01965826 · Altman Apartments LLC

MLS #1178303046

ListedJul 26, 2026

Property Details

Architecture

Stories2

StyleN/A

Total Units5

RoofN/A

Garage Spaces0

PoolN/A

SpaN/A

Features & Amenities

Interior FeaturesN/A

Exterior FeaturesN/A

FlooringN/A

CoolingN/A

HeatingN/A

FireplaceN/A

LaundryCommon Area

Parking FeaturesN/A

Parking Total0

Patio & PorchN/A

Entry Level1

Entry LocationGround Level

Common WallsNo Common Walls

Property Features

Lot Size0.08 ac

Lot FeaturesNear Public Transit

ViewN/A

DirectionsIn the South Park / Pico-Union area just southwest of DTLA. From the 110 Freeway, exit 9th Street/Olympic and head to 1703 Toberman Street near Venice Blvd.

Community

AreaC42 - Downtown L.A.

School DistrictN/A

Tax & Financial

TermsCash, Conventional

Land LeaseNo

HOA NameN/A

HOA FeeN/A

Request a Tour

Mortgage Estimate

$5,855/mo

20% down · 7% APR · 30-yr fixed

Purchase PriceDown Payment: 20%Interest Rate: 7%

Estimate only. Does not include taxes, insurance, or HOA.

Last updated: October 21, 2026 at 3:30 PM

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