Description
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.
Map Location
Listing provided courtesy of Logan Altman of Altman Apartments LLC. Last updated 2026-07-27 08:10:55.000000. Listing information © 2025 CRMLS.
Pablo Martinez
DRE# 01353280
P.O. Box 22291
San Diego, CA 92192
Get Directions
619.480.0890
Send Me a Message
Powered by: 