1860 Obama Blvd, Los Angeles, CA 90018
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1860 Obama Blvd Los Angeles, CA 90018

$700,000 Sold Price as of 11/02/2022
  • 5 Beds
  • 2 Baths
  • 1,554 Sq.Ft.
Sold
$700,000 Sold Price as of 11/02/2022 Refinance Your Mortgage

Map preview of 1860 Obama Blvd, Los Angeles, CA 90018

Property Overview: 1860 Obama Blvd Los Angeles, CA has 5 bedrooms, 2 bathrooms, 1,554 living square feet and 4,591 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Priced right to increase value !!! A great property in a great location. A super great investment. This duplex is ready to move in condition. It has great value and room for additional growth such as an ADU. It is centrally located 20 minutes to Santa Monica, close to USC, LA Galaxy and downtown L.A. The first unit has 2 bedrooms 1 bathroom with a spacious kitchen. Second unit has 3 bedrooms 1 bathroom. In addition, front yard has a large garden space, as well as plenty of rear yard for entertainment. This area is desirable for its proximity to parks, shops and train station. As a reminder agents do your due diligence in verifying with the city of Los Angeles the property's dimensions.

Listed by Ayled Zuluaga | BRE #02033631 | Keller Williams SELA
Last checked: 11 minutes ago | Last updated: November 3rd, 2023 | Source CRMLS | DOM: 59

Home details

Lot Sq. Ft
4,591
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW22165636
City
Los Angeles
County
Los Angeles
Time on Site
661 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,900
  • Total Rent: $2,900
  • Pro Forma/Market Rent: $2,900
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,600
  • Total Rent: $2,600
  • Pro Forma/Market Rent: $2,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $5,500
  • Net Operating Income: $62,580
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,420
  • Electric: $1,800
  • Trash: $460
  • Insurance: $700
  • Water/Sewer: $460

Property Details for 1860 Obama Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Laminate
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Water Heater
Interior Features
  • Ceiling Fan(s), Storage, Tile Counters
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • Door Features: Panel Doors
Exterior Features
Exterior Information
  • Roof: Flat
  • Lighting
  • Has Fence
  • Wrought Iron
  • Other Structures: Storage
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5035034025
  • Year Built Source: Public Records
  • Architectural Style: Spanish
  • Foundation Details: Concrete Perimeter
  • Property is Attached
  • Accessibility Features: Parking
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Directions: Fwy 10 Sta Monica Exit Western right on Obama
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 1860 Obama Blvd

Last sold for $700,000 on November 2nd, 2022
  • November, 2022

  • Nov 2, 2022

    Date

    Sold

    CRMLS: DW22165636

    $700,000

    Price

  • Jul 28, 2022

    Date

    Active

    CRMLS: DW22165636

    $799,000

    Price

  • March, 2022

  • Mar 27, 2022

    Date

    Pending

    CRMLS: CV22046972

    $775,000

    Price

  • Listing provided courtesy of CRMLS

    This duplex is a good investment property. It is in movable condition but it does require some rehab work. It has great value and room for additional growth such as an ADU. It is centrally located 30 minutes to Santa Monica, close to USC, L.A Galaxy and downtown L.A. The first unit has 2 bedrooms 1 bathroom with a spacious kitchen. Second unit has 3 bedrooms 1 bathroom. In addition, front yard has a large garden space, as well as plenty of rear yard for entertainment. This area is desirable for its proximity to parks, shops and train station. Agents do your due diligence in verifying with the city of Los Angeles property's dimensions.

  • September, 2010

  • Sep 21, 2010

    Date

    Sold (Public Records)

    Public Records

    $310,000

    Price

  • September, 2010

  • Sep 21, 2010

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 1860 Obama Blvd

Assessed Value (2020): $363,149
Year Land Value Improved Value Assessed Value
2020 $234,291 $128,858 $363,149

Home Value Compared to the Market

This property vs the competition

1860 Obama Blvd sold on November 2, 2022 for 41.26% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $449.81 per/sqft which puts the price per square foot 40.42% lower than the current median sale per square foot for the city of Los Angeles.

About 1860 Obama Blvd

Detailed summary of property

1860 Obama Blvd is a multi family that recently sold in Los Angeles, CA 90018. This multi family property offered 5 bedrooms, 2 bathrooms, roughly 1,554 living square feet, and sits on an approximately 4,591 square foot lot. 1860 Obama Blvd was first listed on ArdentRealEstateGroup.com on July 28, 2022. The homeowner sold the property for $700,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 41.26% lower than the current median priced home. Local homes that are currently for sale include 1452 W 53rd St, 5739 S St. Andrews Pl and 2001 Cambridge St. While the average home in Los Angeles, CA is selling in 92 days, 1860 Obama Blvd has a days on market of 59 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 1860 Obama Blvd Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1860 Obama Blvd

Public county record property details
Beds
4
Baths
2
Year built
1924
Sq. Ft.
1,554
Lot Size
4,591
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
145
APN
5035-034-025

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$949,000
Median List Price/Sq.Ft.
$629
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
52
Median Sale to List Price %
105.67%
Avg Days on Market
29
Loan Type
Conventional (10%), FHA (0%), VA (0%), Cash (0%), Other (20%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.