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$949,000
5 bed
2 bath
1,709 Sqft
7,493 Sqft lot

3023 Obama Boulevard, Los Angeles, California 90018

  • Residential Property Type
  • 21 Days Time on market
  • $555 Price per sqft
  • 1944 Year Built
Property Description

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.

Basic Details
Residential
Buy
GD24083319
$949,000
5
2
1,709 Sqft
1944
7,493 Sqft
Active
Duplex
Multi-family
Features
: Biking
1
$0
: Public Sewer
Address
CA
Los Angeles
Los Angeles
90018
3023 Obama Boulevard
3023
Boulevard
0
W119° 40' 13.1''
N34° 1' 14.1''
Additional Information
21
1
1
1
2
: One
1
: Inside
1
1
0 Sqft
1
0 Sqft
0 Sqft
: Assessor
0.17 Sqft
7,493 Sqft
1
: 1 Common Wall, No One Above, No One Below
0 Sqft
LARD2
5044011014
$0
$0
$0
$0
1
$0
$0
0 Sqft
1
0 Sqft
$0
1
1
25/04/2024 17:58:33
$0
: Standard
1031 Exchange
South of Exposition
The Agency - Studio City
Levon Arzumanyan
G8521
GD165115383
$0
7
1
: Item01unitacre
1
: Duplex
1
1
: Square Feet
2
14
US-06037-N-5044011014-R-N
Duplex
26/04/2024 01:46:50
Obama
699 - Not Defined
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