$949,000
Beds: 5
Baths: 2
Sqft: 1,709
Sqft lot: 7,492
Acre lot: 0.17
10 Days On Market -

Property listed by The Agency - Studio City, Levon Arzumanyan

Status: Active
Property Type: Duplex
Year Built: 1944
Days On Website: 10
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.

Features

Bathrooms

  • 3 main level bathrooms
  • 2 full bathrooms
  • 2 total bathrooms

Bedrooms

  • 5 main level bedrooms
  • 5 total bedrooms

Building

  • Built in 1944
  • Levels: One
  • Living area: 1709
  • 1 story
  • Architectural style: ,Attached
  • Common walls: Item1CommonWall,NoOneAbove,NoOneBelow

Community

  • Biking

Cooling

  • None

Fireplaces

  • None

Garage

  • 1 space

Laundry

  • Inside

Listing

  • ListingID: GD24083319
  • Standard status: Active
  • 7 days on market

Location

  • Country: US

Lot

  • 0.172 acres
  • 7,493 square feet
  • Size: 7,493
  • Item01UnitAcre

Parking

  • 1 total parking

Pool

  • None

Property

  • Zoning: LARD2
  • None

Sewer

  • PublicSewer

Property Map

Map View


$949,000 - 3023 Obama Boulevard, Los Angeles, CA 90018

Street View


Directions


3023 Obama Boulevard
Los Angeles, CA 90018
Country: US

Nearby Schools

Local Sales

Joshua Chao