Overview
- Apartment, Residential Income
- 8.0
- 9144 Sqft
- 2024
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
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Address: 3442 Potomac Avenue
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City: Los Angeles
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State/county: CA
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Zip/Postal Code: 90016
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Country: US
Details
Updated on June 5, 2025 at 6:36 pm-
Property ID BB25047888
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Price $4,195,000
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Property Size 9144 Sqft
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Land Area 0.2122 Acres
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Garages 8.0
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Year Built 2024
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Submit
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Sewer Public Sewer
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Cooling Central Air
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Heating Central
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County Los Angeles
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Property Type Residential Income
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Pool None
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Parking Garage, Uncovered
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Community Features Street Lights, Sidewalks
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Architectural Style Modern
Mortgage Calculator
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