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3301 Obama Blvd
Los Angeles, CA 90018
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Certificate of Occupancy 2025 - 5 New Construction Units Exempt from Rent Control + Completely Remodeled SFR
- Turnkey Asset in Dynamic, Fast-Growing Leimert Park Submarket - 6 Minute Walk to Metro E Line and Crenshaw Line
- Solar panels installed on the rear duplex to enhance sustainability and reduce energy costs.
- 7.30% Cap Rate / 9.82 GRM on Currents
- Individually metered utilities, MiniSplit systems, and dedicated water heaters for cost efficiency.
- Attractive mix of one-, two-, and three-bedroom floor plans designed for broad tenant appeal.
Property Facts
| No. Units | 6 | Lot Size | 0.15 AC |
| Property Type | Multifamily | Building Size | 5,195 SF |
| Property Subtype | Apartment | Average Occupancy | 0% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1944/2025 |
| Zoning | LA-RD2 - LARD2-1 TOC Tier 4 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,195 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built/Renovated | 1944/2025 |
| Zoning | LA-RD2 - LARD2-1 TOC Tier 4 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Kitchen
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Double Pane Windows
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Trash Pickup - Curbside
- Storage Space
- Bicycle Storage
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | 600 |
| 2+1 | 1 | - | 1,100 |
| 3+1 | 1 | - | 1,100 |
| 3+2 | 1 | - | 1,195 |
Property Taxes
| Parcel Number | 5044-001-013 | Improvements Assessment | $182,070 |
| Land Assessment | $416,160 | Total Assessment | $598,230 |
Property Taxes
Parcel Number
5044-001-013
Land Assessment
$416,160
Improvements Assessment
$182,070
Total Assessment
$598,230
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