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12-Unit Apartment Building
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2200 Toberman St, Los Angeles, CA 90007

Historic multifamily property near USC with studio, one-bedroom, and two-bedroom residences.

Property SizeContact for details
Days on Market143

Property Features for 2200 Toberman St

General Information

Standard status Active
Net Rentable 7,026 SF
Property subtype Multifamily

Financials

Asking Price $705,000
Cap Rate 4.18%

Units

Unit Mix 2 x 2BR/1BA, 2 x 1BR/1BA, 8 x studio
Multifamily Units 12

Building Details

Year Built 1909
Listing Agency: Lee & Associates Los Angeles - Investment Services Group, Inc
Listed By: Mark Konopaske · License #CA 00960857
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates Los Angeles - Investment Services Group, Inc

Investment Insights

Based on property information with market context.

The Toberman Apartments is a 12-unit multifamily property at 2200 Toberman St in Los Angeles. Built in 1909, the 7,026-square-foot building includes eight studio units, two one-bedroom/one-bath units, and two two-bedroom/one-bath units. The property is currently operating at a 4.18% CAP rate, with long-term tenants in place.

The building is situated in the University Park neighborhood near USC and a few blocks from USC Village, a 15-acre residential and retail center totaling 1.25 million square feet. Ralphs Grocery is within walking distance, while USC, Lucas Museum, The Reef, Exposition Park, Banc of California Stadium, and Downtown Los Angeles are minutes away. The surrounding area includes restaurants, amenities, and ongoing renovation of historic homes.

Key Highlights

  • 12 apartment units totaling 7,026 rentable square feet
  • Unit mix includes 8 studios, 2 one‑bedroom/one‑bath units, and 2 two‑bedroom/one‑bath units
  • Originally constructed in 1909

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Clothing & Fashion Store Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

2,708
Businesses Nearby

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic multifamily property near USC with studio, one-bedroom, and two-bedroom residences.
Where is this apartment building located?
The property is located at 2200 Toberman St Los Angeles, CA.
What are key features of this property?
This property features: 12 apartment units totaling 7,026 rentable square feet; Unit mix includes 8 studios, 2 one‑bedroom/one‑bath units, and 2 two‑bedroom/one‑bath units; Originally constructed in 1909
(213) 220-9800 Call to check price and availability
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