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
Price:
$949,000
MLS #:
GD24134607
Status:
Active
Baths:
0
Address:
3023 Obama Boulevard
Type:
Residential Income
Subtype:
Duplex
Neighborhood:
c36metropolitansouthwest
City:
Los Angeles
Listed Date:
Jul 1, 2024
State:
CA
ZIP:
90018
Lot Size:
7,493 sqft / 0.17 acres (approx)
Year Built:
1944
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Schools
Interior
Exterior
Community Features
Sidewalks
Garage Spaces
1.00
Lot Features
0-1 Unit/ Acre
Parking Spots
1.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
All Utilities
Map
Community
- Address3023 Obama Boulevard Los Angeles CA
- AreaC36 – Metropolitan Southwest
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
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Courtesy of The Agency – Studio City. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3023 Obama Boulevard
Los Angeles, CA
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