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2219 Obama Blvd, Los Angeles, CA 90018
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2219 Obama Blvd Los Angeles, CA 90018

$1,150,000
  • 20 Beds
  • 10 Baths
  • 3,024 Sq.Ft.
For Sale
$1,150,000 Get Pre-Qualified
Map preview of 2219 Obama Blvd, Los Angeles, CA 90018

Property Overview: 2219 Obama Blvd Los Angeles, CA has 20 bedrooms, 10 bathrooms, 3,024 living square feet and 4,808 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Excellent four units all two bedroom one bath each , The property is located in a very desirable area a few minutes drive to USC. Property will be said in it's present as is condition. Good long term tenant very happy to live there.

Listed by Emanuel Amah | BRE #00942978 | Viewpoint Mortgage
Last checked: 2 minutes ago | Last updated: April 1st, 2024 | Source CRMLS | DOM: 82
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Home details

Lot Sq. Ft
4,808
HOA Dues
$0/mo
Year built
1954
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24358355
City
Los Angeles
County
Los Angeles
Time on Site
45 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,750
  • Total Rent: $1,750
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,561
  • Total Rent: $1,561
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,389
  • Total Rent: $1,389
  • Pro Forma/Market Rent: $2,800
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,452
  • Total Rent: $1,452
  • Pro Forma/Market Rent: $2,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.26
  • Gross Scheduled Income: --
  • Net Operating Income: $62,064
  • Gross Operating Income: $73,824
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 2219 Obama Blvd

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Security Features: Fire and Smoke Detection System, Smoke Detector(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • No
  • Parking Features: None, Uncovered
Property Information
  • Total # of Units: 4
  • Parcel Number: 5042008016
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: OBAMA BLVD AND ARLINGTON AVE.
View more facts & features

Local Los Angeles Agent

Sale History for 2219 Obama Blvd

Last sold for $575,000 on October 12th, 2004

  • February, 2024

  • Feb 13, 2024

    Date

    Active

    CRMLS: 24358355

    $1,150,000

    Price

  • October, 2004

  • Oct 12, 2004

    Date

    Sold (Public Records)

    Public Records

    $575,000

    Price

  • May, 2003

  • May 15, 2003

    Date

    Sold (Public Records)

    Public Records

    $301,963

    Price

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Tax History for 2219 Obama Blvd

Assessed Value (2020): $732,859
Year Land Value Improved Value Assessed Value
2020 $509,817 $223,042 $732,859

Home Value Compared to the Market

This property vs the competition

2219 Obama Blvd is listed 7.93% lower than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $380.29 per/sqft which puts the price per square foot 50.87% lower than the median price per square foot for the city of Los Angeles.

About 2219 Obama Blvd

Detailed summary of property

2219 Obama Blvd is a multi family located in Los Angeles, CA 90018 and is currently for sale. This multi family property offers 20 bedrooms, 10 bathrooms, roughly 3,024 living square feet, and sits on an approximately 4,808 square foot lot. 2219 Obama Blvd was first listed on ArdentRealEstateGroup.com on April 1, 2024. The homeowner is currently asking $1,150,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 7.93% lower than the median priced home. Local competing homes currently for sale include 2609 W 30th St, 2242 W 29th St and 2822 7th Ave. While the average home in Los Angeles, CA is selling in 94 days, 2219 Obama Blvd has a days on market of 82 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2219 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 2219 Obama Blvd

Public county record property details
Beds
8
Baths
4
Year built
1954
Sq. Ft.
3,024
Lot Size
4,807
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
346
APN
5042-008-016

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.
$684
Median Sold Price
$950,000
Median Sold Price/Sq.Ft.
$603
Total Inventory
53
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.

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