Los Angeles County  »  90016  »  Obama Blvd  »  5051 Obama Blvd

5051 Obama Boulevard, Los Angeles, CA 90016 Property Information

5051 Obama Boulevard, Los Angeles, CA 90016 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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5051 Obama Boulevard, Los Angeles, CA 90016
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Address

Primary address 5051 Obama Boulevard, Los Angeles
Alternate address(es) 5051 W Obama Blvd
5061 W Obama Blvd
Zip code 90016
County Los Angeles
Municipality Los Angeles
Neighborhood Baldwin Hills - Crenshaw

Sales & Tax Overview for 5051 Obama Boulevard, Los Angeles

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 06/23/2014
Sale price $5,460,000
Arm's length
Current property tax $89,251

Lot & Building Information for 5051 Obama Boulevard, Los Angeles

Building sqft 72,872
Building class Office Building - One Story (1700)
Acreage 1.776
Year built 1952
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Weed hazard No
School district Los Angeles Unified School District

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Other Property Data for 5051 Obama Boulevard, Los Angeles

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About 5051 Obama Boulevard, Los Angeles

How many square feet does 5051 Obama Boulevard, Los Angeles, CA 90016 have?

This Office Building - One Story (1700) located at 5051 Obama Boulevard, Los Angeles, CA 90016 has a total of 72,872 square feet.

What is the year built & the current market value of 5051 Obama Boulevard, Los Angeles, CA 90016?

5051 Obama Boulevard, Los Angeles, CA 90016 was built in 1952 and has a current tax assessor's market value of $6,827,066.

Ownership Information

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Past Sales & Property History for 5051 Obama Boulevard, Los Angeles

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Purchase date Purchase price Buyer name Seller name
06/23/2014 $5,460,000
11/07/2013 $6,806,500
       
       
       
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Title Documents for 5051 Obama Boulevard, Los Angeles

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Doc image
11/17/2023 Assignment of Lease
Assignment of Rents
11/17/2023 Assignment of Lease
Financing Statement
Trust Deed
09/04/2020 Assignment of Lease
Assignment of Rents
Financing Statement
Trust Deed
09/01/2027
09/04/2020 Lease
09/04/2020 Grant Deed
(File correction - Single parcel sale)
09/04/2020 Grant Deed
06/23/2014 Grant Deed
(Sale for consideration - full DTT - Single parcel sale)
11/07/2013 Grant Deed
11/01/2012 Assignment of Lease
(File correction - 2 parcels in multiple sale)
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R: Recorded date
D: Document date

Property Taxes for 5051 Obama Boulevard, Los Angeles

Access detailed property tax data for 5051 Obama Boulevard, Los Angeles, CA 90016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Base tax $81,065
Current property tax $89,251
Market value $6,827,066

Special Assessments And Penalties for 5051 Obama Boulevard, Los Angeles

Special Assessments

Abatements, financial assistance programs and non-ad valorem taxes levied as special taxes/direct assessments are applicable for this property.

Code Description Tax levied
03694 La County Regional Park And Open Space District
18851 Los Angeles City Light Maintenance
03071 Los Angeles County Flood Control
00170 Los Angeles County Trauma/Emerg Srvs
18850 Los Angeles Landscape & Lighting Dist #96-1

Assessment History for 5051 Obama Boulevard, Los Angeles

Here's the assessment & property tax history for 5051 Obama Boulevard, Los Angeles, including the evolution of the total tax rate and corresponding property tax.

Year Assessment value Total tax rate Property tax Year over year change
2025-2026 $6,827,066 1.1874 $81,065 +0.95%
2024-2025 $6,693,203 1.1997 $80,298 +2.03%
2023-2024 $6,561,965 1.1994 $78,704 +4.97%
2022-2023 $6,433,300 1.1655 $74,980 +1.16%
2021-2022 $6,307,158 1.1752 $74,122 -1.06%

Permits for 5051 Obama Boulevard, Los Angeles

The complete history of permits filed for 5051 Obama Boulevard, Los Angeles, including new construction or demolition permits, complaints, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Issued Permit Type Sub type Valuation Expires Status
05/31/2022
12/22/2021
02/14/2019
04/17/2018
04/05/2018
02/27/2018
02/27/2018
01/30/2018
01/30/2018
01/19/2018
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Los Angeles residential market stats

Median Sale Price
$1,000,000
1% YoY
Median Price/Sqft
$663
1.5% YoY
Los Angeles County Median Sale Price
$872,000
0.2% YoY

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Demographics by Zip Code

Total population 46,457
Median age 36.3
Average household income $110,023
Family households 57.4%
Occupied housing units 18,091
Owner occupied units 34.9%
Average number of people per household 2.55
Median year structure built 1949
Median value for units with a mortgage $990,000
Median value for units without a mortgage $921,900

Risk

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FEMA flood zone(s) AE, X (See more on map)
Fire hazard zone See more on map
Faults and tsunami inundation zone map
Landslides and liquefaction map
Seismic gas shut off valve installed
Earthquake-induced liquefaction area

Transportation

Access the detailed traffic volume map for 5051 Obama Boulevard, Los Angeles to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

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Neighbors for 5051 Obama Boulevard, Los Angeles

Here are the neighbors for 5051 Obama Boulevard, Los Angeles.

Address Square feet Purchase date Purchase price
3552 S LA Brea Ave, Los Angeles 70,079 10/19/2005
3545 Chesapeake Ave, Los Angeles 2,212 06/06/2019
3551 Chesapeake Ave, Los Angeles 2,212 12/06/2024
5000 W Jefferson Blvd, Los Angeles 4,000 03/13/2003
5045 Exposition Blvd, Los Angeles 5,120 04/07/2010
3557 Chesapeake Ave, Los Angeles 2,212 07/26/1999 $225,002
5066 W Jefferson Blvd, Los Angeles 5,500 12/04/2019 $2,220,000
5055 Exposition Blvd, Los Angeles 4,800 01/29/2015
4500 Exposition Blvd, Los Angeles 16,775 02/19/2025
3527 Chesapeake Ave, Los Angeles 2,212 01/30/2026 $1,100,000
3533 Chesapeake Ave, Los Angeles 25,780 11/27/2019
5060 W Jefferson Blvd, Los Angeles 2,880 01/07/2020
3430 S LA Brea Ave, Los Angeles 382,000 12/23/2002
5065 Exposition Blvd, Los Angeles 3,840 11/15/2006
3400 S LA Brea Ave, Los Angeles 3,000 10/11/2022 $2,400,000
5008 W Jefferson Blvd, Los Angeles 3,760 10/29/2007
3515 Chesapeake Ave, Los Angeles 2,212 07/31/2023
3521 Chesapeake Ave, Los Angeles 2,212 10/16/2020
3539 Chesapeake Ave, Los Angeles 11/27/2019
5026 W Jefferson Blvd, Los Angeles 6,300

Nearby ZIP Codes for 5051 Obama Boulevard, Los Angeles

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