9 days on rocket

3023 Obama Blvd, Los Angeles, CA, 90018

$949,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths
1,709 SqFt
$555/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

3023 Obama Blvd, Los Angeles$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeDuplex
Attached Garage1 space
Year Built1944
CoolingNone
FireplaceNone
ViewNone
MLS #GD24083319
Lot Size0.17 Acres
StatusActive

About 3023 Obama Blvd

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 Details

Property Features

Property Information:

  • Year Built: 1944
  • Stories: 1
  • Living Area: 1,709 SqFt

Listing Office:

  • Office Name: The Agency - Studio City
  • Office Phone: (747) 977-3250
  • Listing Agent: Levon Arzumanyan

Interior Features

Interior Information:

  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Cooling: None

School Info

Assigned Schools Information:

  • Susan Miller Dorsey Senior High School, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Audubon Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: South of Exposition

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $555/SqFt

Tax Information:

  • Annual Amount: $5,957
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Map thumbnail provided by MapBox

Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

3023 Obama Blvd vs Los Angeles

9 DAYS ON ROCKET

-25 Days

$949,000

-$37.4K Less

$555/SqFt

-$77 Less

KEY TAKEAWAY

This property is $37.4K less than the Median Sold Price and $77/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #GD24083319

Listing Office:

  • Office Name: The Agency - Studio City
  • Office Phone: (747) 977-3250
  • Listing Agent: Levon Arzumanyan

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 1:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,957$465,219
2020$5,788$460,450
2019$5,718$451,423
2018$5,601$442,573
2017$5,601$433,896

History based on county public records data.

Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6484448
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.49 miles

  • Public Magnet Grades KG-6

school-card-donut-6484449
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 21.29 miles

  • Public Magnet Grades KG-5

school-card-donut-6484450
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 21.34 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6484451
2
/10

  • Audubon Middle School

  • 4120 11th Ave

  • 0.77 miles

  • Public Magnet Grades 6-8

school-card-donut-6484452
4
/10

  • Studio

  • 2211 W Avenue 30

  • 7.88 miles

  • Public District Grades 6-8

High School

school-card-donut-6484453
1
/10

  • Susan Miller Dorsey Senior High School

  • 3537 Farmdale Ave

  • 0.97 miles

  • Public Magnet Grades 9-12

school-card-donut-6484454
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 6.84 miles

  • Public Magnet Grades 9-12

school-card-donut-6484455
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 15.37 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $69,330. Most Los Angeles, CA residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90018›3023 Obama Blvd

This home is located at 3023 Obama Blvd in Los Angeles, CA and zip code 90018 in the Leimert Park neighborhood. This 1,709 square foot home, which was built in 1944, sits on a 0.17 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $949,000.

While more than 701 listings in Los Angeles, CA in April 2024 were sold above asking price, there were more than 204 listings sold at asking price, and more than 629 were sold below. The inventory of homes for sale in Los Angeles, CA between March 2024 and April 2024 increased by 14.9%. The median list price of listings available in April 2024 was $986,427, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources