2443 Obama Boulevard
Los Angeles, CA, 90018
$1,100,000
Beds
0 Baths
SqFt
0.1 Acres
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This Leimert Park 4-plex is a solid investment with stable tenants & healthy upside on rental income. The building is also poised for steady appreciation perched on the Obama Blvd. corridor within walking distance of the Crenshaw/Expo METRO station, related area redevelopment and is further flanked by $1M+ single family homes in both the historic Jefferson Park & Leimert Park neighborhoods. Don’t miss this rare opportunity to purchase a competitively priced, well-maintained multifamily property for only $275,000 per unit & $361/SF in the heart of Los Angeles at an actual 4.5% Cap Rate with much higher returns as units turn over (i.e. pro forma – 8.35% Cap Rate & 10.07GRM). Owner expenses are low since units are separately metered for gas & electricity. Owner pays water, trash and gardening. Make offer subject to inspection.

Property Details

Price:
$1,100,000
MLS #:
25543991
Status:
Active
Baths:
0
Address:
2443 Obama Boulevard
Type:
Residential Income
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
May 27, 2025
State:
CA
ZIP:
90018
Lot Size:
4,479 sqft / 0.10 acres (approx)
Year Built:
1958
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Refrigerator
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Flooring
Wood, Carpet
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Wall Furnace
Interior Features
Ceiling Fan(s)

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Garage Spaces
0.00
Parking Features
Private
Parking Spots
4.00
Stories Total
2

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2443 Obama Boulevard
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