2443 Obama Boulevard, Los Angeles, CA 90018
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2443 Obama Boulevard,Los Angeles, CA 90018
$1,100,000
- 6 Beds
- 4 Baths
- 3,046 sq. ft.
- Multi-family
- Active
Listed by:tisha greene
Office:la vision properties, inc.
MLS#:25543991
Source:CRMLS
Price summary
- Price:$1,100,000
- Price per sq. ft.:$361.13
About this home
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.
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Home facts
- Year built:1958
- Listing Id #:25543991
- Added:86 day(s) ago
- Updated:August 22, 2025 at 04:55 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Living area:3,046 sq. ft.
Heating and cooling
- Heating:Wall Furnance
Structure and exterior
- Year built:1958
- Building area:3,046 sq. ft.
- Lot area:0.1 Acres
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$361.13
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