2443 Obama Boulevard, Los Angeles, CA 90018 - Berkshire Hathaway HomeServices California Properties

2443 Obama Boulevard, Los Angeles, CA 90018

$1,100,000 Approx. USD 6 beds, 4 baths
3,046 sqft

Listing Agent


Tisha Greene | tisha@lavisionproperties.com
Lic#: 01426433
Broker: Courtesy of LA Vision Properties, Inc.

Agent Remarks

This Leimert Park 4-plex is a solid investment with stable tenants & healthy upside on rental income. The building is also poised for steady appreciation perched on the Obama Blvd. corridor within walking distance of the Crenshaw/Expo METRO station, related area redevelopment and is further flanked by $1M+ single family homes in both the historic Jefferson Park & Leimert Park neighborhoods. Don't miss this rare opportunity to purchase a competitively priced, well-maintained multifamily property for only $275,000 per unit & $361/SF in the heart of Los Angeles at an actual 4.5% Cap Rate with much higher returns as units turn over (i.e. pro forma - 8.35% Cap Rate & 10.07GRM). Owner expenses are low since units are separately metered for gas & electricity. Owner pays water, trash and gardening. Make offer subject to inspection.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25543991
Price: $1,100,000
Beds: 6
Baths: 4
Built in 1958
3,046 sqft
2 stories
0.10 acres
Lot size: 0.1028
County: Los Angeles
Zoning: LARD2
Interior features: Ceiling Fan(s)
Appliances: Refrigerator
Parking description: Private
Heating/cooling: None
Heating description: Wall Furnace
MLS area: PHHT - Park Hills Heights

Last Updated: 6/4/2025

 Days On Market (DOM): 24

 Find more Los Angeles homes and real estate

 Find more homes in 90018 zip code

This listing belongs to the PHHT - Park Hills Heights MLS area

Lat/Long: 34.018847, -118.322755.
Find nearby listings

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

90018 Area Map

Demographics

Schools

Near by

Similar Listings