3023 Obama Boulevard
Los Angeles, CA 90018
0.17 acres | #GD24134607
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. *One unit to be delivered vacant*
Property Details
- Lot DescriptionZeroToOneUnitAcre
- Stories1
Measurements
- Acres0.172
Parking
- Parking Spaces1
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1944
Utilities / Energy Details
- Sewer InformationPublicSewer
- Utility SourcePublic
Community and Neighborhood Details
- CountyLos Angeles
Financial Details
- Original List Price$949,000
Other
- MLS #GD24134607
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Levon Arzumanyan (#GD165115383)
Listing Office: The Agency - Studio City (#G8521)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
