3442 Potomac Avenue, Los Angeles, California 90016
  • $4,195,000

Overview

Property ID: BB25047888
  • Apartment, Residential Income
  • Property Type
  • 8.0
  • Garages
  • 9144 Sqft
  • Area Size
  • 2024
  • Year Built

Description

3442 Potomac Ave is a brand-new construction 6-unit building located in trendy West Adams, set on an enormous 9, 000+ sq. ft. lot just steps from popular destinations like Highly Likely Cafe, Thinkspace Gallery, and The Bar at Johnny’s. This prime location offers incredible lifestyle appeal, attracting A+ tenants quickly due to the limited inventory and high demand in the area. The property delivers an excellent projected 5.84% cap rate and $317, 000 in annual gross rent, making it a one-of-a-kind investment opportunity. The building features an ideal unit mix with two 4-bed/4-bath units, two 3-bed/4-bath units, and two 3-bed/3.5-bath units, all boasting large open floor plans, ultra-trendy interiors and upgraded finishes. The property offers ample parking (with two spaces per unit), adding to its tenant-friendly appeal. Beyond the strong rental income potential, buyers will enjoy drought-tolerant landscaping, a 1-year builder’s warranty, brand-new everything, minimal maintenance, and separate meters for gas, water, and electric. With its prime location, high-end design, and long-term desirability, this is an exceptional investment opportunity in one of Los Angeles’ most dynamic rental markets. This opportunity will not last long!

  • Address: 3442 Potomac Avenue
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90016
  • Country: US

Details

Updated on June 5, 2025 at 6:36 pm
  • Property ID BB25047888
  • Price $4,195,000
  • Property Size 9144 Sqft
  • Land Area 0.2122 Acres
  • Garages 8.0
  • Year Built 2024
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Submit
  • Sewer Public Sewer
  • Cooling Central Air
  • Heating Central
  • County Los Angeles
  • Property Type Residential Income
  • Pool None
  • Parking Garage, Uncovered
  • Community Features Street Lights, Sidewalks
  • Architectural Style Modern

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