3023 Obama Boulevard
Los Angeles, CA, 90018 $ 949,000
Bedrooms5 Baths2.0 Sq 1,709 Monthly Estimate*
$ 6,629
Listed by The Agency - Studio City
for $949,000 with 5 bedrooms and 2 full baths. This 1,709 square foot home was built in 1944 on a lot size of 0.172.
Fantastic investment or development opportunity situated in the City of Los Angeles. The property, currently configured as a duplex, boasts zoning classification RD2 on an expansive 7,491 Sq.Ft lot with alley access, qualifying for TOC Tier 3. This prime location offers flexibility for various developments, including the addition of ADUs, multi-unit construction, or even ED-1 development. The unit at 3023 Obama presents two bedrooms, while 3025 offers three bedrooms alongside a garage, each showcasing unique charm and generous living spaces. Additionally, the property features an expansive backyard and a lengthy driveway, enhancing its desirability. This adaptable investment affords the option of residing in one unit while leasing out the other, presenting a multitude of opportunities. Strategically positioned just minutes away from prominent landmarks such as USC, Exposition Park, BMO Stadium (LAFC), Natural History Museum, California Science Center, DTLA, SoFi Stadium, Crypto Center, shopping centers, and major freeways, this property boasts a highly sought-after location in the heart of Los Angeles. Seize the opportunity to acquire this exceptional property, with both units currently occupied by tenants and no plans for vacancy upon transfer.
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FeaturesGeneralSewer PublicSewer
Cooling None
Zoning LARD2
HOA 0.0
Garage Spaces 1.0
Pool Features None
Year Built 1944
View None
Stories 1
Levels One
Property SubType Duplex
Community Features Biking
County Los Angeles
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage Y
Garage Y/N Y
Special Listing Conditions Standard
Status Active
Directions South of Exposition
City Los Angeles
Entry Location 2
View Y/N N
Senior Community Y/N N
High School District Los Angeles Unified
Total Units 2
MLS Area 699 - Not Defined
Lot Size Square Feet 7493.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Obama
Listing Terms Item1031Exchange
Property Attached Y/N Y
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 7
Structure Type Duplex
Standard Status Active
Occupancy Description Owner
Year Built Source Assessor
Tax Lot 14
Property Sub Type Additional Duplex
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ExteriorLot Features Item01UnitAcre
Water Source Public
Total Parking 1.0
Lot Size Area 7493.0
Spa N
Lot Size Acres 0.172
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorFireplace Features None
Total Stories 1
Common Walls Item1CommonWall NoOneAbove NoOneBelow
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 2
Street Suffix Boulevard
Laundry Features Inside
Total Bedrooms 5
Entry Level 1
Electric On Property Y/N N
Main Level Bedrooms 5
Main Level Bathrooms 3
Total Baths 2
Living Area Units SquareFeet
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* Excluded FeaturesList ByThe Agency - Studio CityBroker
Affordability Calculator
- Monthly Principal & Interest
- $6,629
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Los Angeles, CA
Average List Price $1,989,624
Percent of Sale Price 110%
About Los Angeles, CA 3,920,026 Population
6% Since 2002
$ 55,057 Median Income
36.82 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4003522 Elementary School
4003523 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/26/2024 | $949,000 | | Listed Price |