3442 Potomac Avenue, Los Angeles, CA

$4,195,000

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14

Beds

16

Baths

0.21

Acres

About 3442 Potomac Avenue

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 Johnnys. 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 builders 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!

Features of 3442 Potomac Avenue

MLS® # BB25047888
Price $4,195,000
Bedrooms 14
Bathrooms 16.00
Acres 0.21
Type Residential Income
Sub-Type Res Income 2-4 Units
Status Closed

Community Information

Address 3442 Potomac Avenue
Subdivision West Adams
City Los Angeles
County Los Angeles
State CA
Zip Code 90016

Amenities

Is Waterfront No
Has Pool No
Pool N/K

Interior

Cooling Central Forced Air
Fireplace Yes
Stories 3 Story

Exterior

Lot Description Sidewalks

Additional Information

Date Listed March 6th, 2025
Days on Market 14
Zoning Builder
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMyunits.com Inc.

Listing Map

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