$1,100,000
For Sale

2443 Obama Boulevard

Los Angeles, CA 90018
3046 sqft | 6 beds | #25543991
Browse 16 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

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.

  • Property Details
      • Property SubtypeResidential Income
      • Property TypeMulti-Family
      • CountyLos Angeles
      • Original List Price$1,100,000
      • StoriesTwo Level
      • MLS #25543991
      • MLS #25543991
      • Parking GaragePrivate
      • Cost1100000
      • Parking TypeGarage
      • ZoningLARD2
      • HeatingWall
      • Square Feet3046
      • Year Built1958
      • Price Per Sqft$361
      • Bedrooms6

Location

Legal

​© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (. 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. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.​

Last Updated: . Source: CLAWMLS

Listing Courtesy
Listing Agent: Tisha Greene (#X64576), Email: tisha@lavisionproperties.com
Listing Office: LA Vision Properties, Inc. (#X74285)

Bib Scott | Windermere Real EstateReal Estate Group
OR

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​© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS. 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. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.​

© California Desert Association of REALTORS® MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.