Jeremiah Moersch REALTOR®
Office: 760-533-2540
3023 Obama Boulevard, Los Angeles
$949,000
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5 Beds
2 Baths
1,709 Sqft
.17 Acre
1 Garage
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.
Essential Information
- MLS® #
- GD24083319
- Price
- $949,000
- Bedrooms
- 5
- Bathrooms
- 2.00
- Full Baths
- 2
- Square Footage
- 1,709
- Acres
- 0.17
- Year Built
- 1944
- Type
- Residential
- Sub-Type
- Duplex
- Status
- Active
Community Information
- Address
- 3023 Obama Boulevard
- Area
- 699 - Not Defined
- City
- Los Angeles
- County
- Los Angeles
- Zip Code
- 90018
- Community Features
- Biking
- Senior Community
- N
Amenities
- Parking Spaces
- 1
- # of Garages
- 1
- View
- None
- Pool
- None
Interior
- Cooling
- None
- Fireplaces
- None
- # of Stories
- 1
- Stories
- One
Exterior
- Lot Description
- 0-1 Unit/Acre
School Information
- District
- Los Angeles Unified
Additional Information
- Date Listed
- April 25th, 2024
- Days on Market
- 14
- Zoning
- LARD2
Listing Details
- Agent
- Levon Arzumanyan
- Office
- The Agency - Studio City
LISTING MAP
Based on information from California Regional Multiple Listing Service, Inc. as of May 9th, 2024 at 8:25am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.