3023 Obama Boulevard, Los Angeles, CA 90018 (MLS # CRGD24083319)

Price $949,000
Status Active
Beds 5
Baths 2 Baths
Home size 1,709 sqft
Lot Size 7,493 sqft
Days on Market 11
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.
Property Type(s): Single Family
Last Updated 4/25/2024 Year Built 1944
Community Listing County Los Angeles

SCHOOLS

School District Los Angeles Unified

Additional Details

AIR None
AIR CONDITIONING Yes
AREA Listing
FIREPLACE Yes
GARAGE 1, Attached
HOA DUES 0
LOT 7492 sq ft
PARKING Attached
POOL Yes
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
WATER Public
ZONING LARD
Listing provided by Levon Arzumanyan | 213-414-8088The Agency - Studio City
bridgeMLS

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