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3023 Obama Blvd Los Angeles, CA, 90018
$949,000 Multi-Family for sale 5 beds 2 baths
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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Property details
1,709 sqft interior area
Interior area
1,709 sqft
View
None
Days on Verhouse
24
Address
3023 Obama Blvd, Los Angeles, CA, 90018
City of California
Los Angeles
County
Los Angeles
Year Built
1944
Land SqFt
7,493 sqft (0.17 acres)
District
Listing
Open Houses
No upcoming open houses
Interior Features
1 parking places
Beds
5
Baths
2
Stories
One Story
nr.of parking places
1
Garage & Parking
Attached
Listed by
Levon Arzumanyan, The Agency - Studio City
Name
Levon Arzumanyan
License number
01836944
Brokerage company
The Agency - Studio City
MLS #
CRGD24083319
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Calculate your monthly payments
Mortgage
$2,914
Taxes
$0
HOA dues
$0
Mortgage
$189,800 / 20%
2.28%
30 years
Your amount
$2,914 / month
Exterior Features
—
Pool
None
Lot details
TMK #5044011014
Parcel nr.
5044011014
90018 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90018
42%
Families with children
National average: 39%
41%
Non family households
675,105
Population
$70,169
Average Income
Age & gender
Median age 36 years
More info
Commute types
76% commute by car
More info
Education level
25% have not graduated education
More info
Number of employees
1% work in retail trade
More info
Vehicles available
40% have 1 vehicle
More info
Vehicles by gender
40% have 1 vehicle
More info
Housing market insights for
$1.18m
Neighborhood average
sales price*
sales price*
$1.02m
Neighborhood median
sales price*
sales price*
581
Number
of sales*
of sales*
Housing type
31% are single detacheds
More info
Rooms
38% of the houses have 4 or 5 rooms
More info
Bedrooms
54% have 2 or 3 bedrooms
More info
Owners vs Renters
69% are renters
More info
14.67 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Unit Information
Total Units
2
Price history
New Listing Apr 25, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 25, 2024 | New Listing | $949,000 | 0 | MLS #CRGD24083319 |
Taxes of 3023 Obama Blvd, Los Angeles, CA, 90018
LARD zoning / MLS #CRGD24083319
Zoning
LARD
Agent viewpoints of 3023 Obama Blvd, Los Angeles, CA, 90018
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Frequently Asked Questions about 3023 Obama Blvd
Which year was this multi-family built?
This multi-family was build in 1944.
What is the full address of this Multi-Family?
3023 Obama Blvd, Los Angeles, CA, 90018.
Based on information from the bridgeMLS as of 05-18-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 02, 2024
Verhouse Last checked less than a minute ago
The closest grocery stores are Albertsons, 0.56 miles away and Right Choice Caribbean Market, 0.98 miles away.
The 90018 zip area has a population of 675,105, and 42% of the families have children. The median age is 36.35 years and 76% commute by car. The most popular housing type is "single detached" and 69% is renter.
