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3023 Obama Boulevard, Los Angeles, CA 90018
$949,000
3023 Obama Boulevard, Los Angeles, CA 90018View this property at 3023 Obama Boulevard, Los Angeles, CA 90018
3023 Obama BoulevardLos AngelesCA90018
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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.
Full Property Details
Full Property Details for 3023 Obama Blvd
General
- Price: $949,000
- Status: Active
- Type: Duplex
- MLS ID: GD24083319
- Updated: 5/2/2024
- Days on Market: 25 days
- Added to Site: 25 day(s) ago
Interior
- Rooms/Areas: See Remarks
- Fireplace(s): None
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Los Angeles
- Driving Directions: South of Exposition
School Information
- School District: Los Angeles Unified
Community
- Community Features: Biking
Heating & Cooling
- Cooling Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Common Walls: 1 Common Wall, No One Above, No One Below
- Entry Location: 2
- Stories/Levels: One
- Stories Description: One
- Square Feet: 1,709
- Sq. Ft. Source: Assessor
- Year Built: 1944
- Year Built Source: Assessor
Lot Features
- Property View: None
- Lot Size (Acres): 0.172
- Lot Size (Sq. Ft.): 7,493
- Lot Size Source: Assessor
- Zoning: LARD2
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $555.3
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Standard
Listed by The Agency - Studio City, Levon Arzumanyan
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Schools
Schools serving 3023 Obama Blvd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3875 Dublin Ave, Los Angeles, CA 90008 | K-5 | 0.5 mi | |
4120 11th Ave, Los Angeles, CA 90008 | 6-8 | 0.8 mi | |
3537 Farmdale Ave, Los Angeles, CA 90016 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3023 Obama Blvd
Date
Details
Price
Change
Source
4/25/2024
Listed
$949,000
126.49%
MLS
1/26/2015
Sold
$419,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3023 Obama Blvd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,312
5%
$484,011
2%
2022
$6,036
1%
$474,522
2%
2021
$5,957
-1%
$465,219
1%
2020
$6,013
4%
$460,450
2%
2019
$5,789
1%
$451,423
2%
2018
$5,718
2%
$442,573
2%
2017
$5,601
2%
$433,896
2%
2016
$5,469
40%
$425,389
45%
2015
$3,896
-1%
$293,373
2%
2014
$3,923
—
$287,627
—
2013
$3,918
—
$286,328
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3023 Obama Blvd
3023 Obama Boulevard, Los Angeles, CA 90018 (MLS# GD24083319) is a Duplex property with 5 bedrooms and 2 full bathrooms. 3023 Obama Boulevard is currently listed for $949,000 and was received on April 25, 2024. Want to learn more about 3023 Obama Boulevard? Do you have questions about finding other Duplex real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.