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$ 949,000
Est. payment /mo
Active
3023 3025 Obama BLD Los Angeles, CA 90018
7,493 Sqft Lot
UPDATED:
10/15/2024 01:11 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRGD24134607
Originating Board California Regional MLS
Year Built 1944
Lot Size 7,493 Sqft
Property Description
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*
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Laundry Other
Exterior
Garage Spaces 1.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 5044011014
Special Listing Condition Not Applicable
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Listed by Levon Arzumanyan • The Agency - Studio City