3442 Potomac Avenue
Los Angeles, CA 90016
- – beds
- – baths
- – sqft
- 9,243 sqft lot
- 2024 build
- – on site
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!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 6, 2025
•
MLS# BB25047888 —
The Building
-
Year Built:2024
-
Year Built Source:Builder
-
New Construction:Yes
-
Building Area Total:9144.00
-
Building Area Units:Square Feet
-
Total Number Of Units:6
-
# of Buildings:3
-
Architectural Style:Modern
-
Exterior Features:Lighting
-
Stories Total:3
-
Entry Level:1
-
Accessibility Features:None
-
Common Walls:No Common Walls
-
Green Verification:1
-
# of Separate Gas Meters:6
-
# of Separate Water Meters:1
-
# of Separate Electric Meters:7
Interior
-
Features:Open Floorplan, Recessed Lighting
-
Levels:Three Or More
-
Entry Location:Ground level
-
Window Features:Double Pane Windows
-
Room Type:Kitchen, Living Room
-
Fireplace:No
-
Fireplace:None
-
Laundry:Dryer Included, Electric Dryer Hookup, Inside, Washer Hookup, Washer Included
-
Laundry:1
Location
-
Directions:From I-10 East: Exit on Washington Blvd/La Brea Ave, Turn Left onto La Brea Ave and Head South), Turn Right onto Jefferson Blvd, Turn Left onto Potomac Ave, Continue to 3442 Potomac Ave on the Right.
-
Latitude:34.02424100
-
Longitude:-118.34377700
The Property
-
Property Type:Residential Income
-
Subtype:Apartment
-
Property Condition:Turnkey
-
Zoning:LAR2
-
Lot Features:Landscaped
-
Lot Size Area:9243.0000
-
Lot Size Acres:0.2122
-
Lot Size SqFt:9243.00
-
Lot Size Source:Public Records
-
View:1
-
View:City Lights, Neighborhood
-
Road Frontage:City Street
-
Road Surface Type:Paved
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Tract:7823
-
Tax Lot:200
-
Tax Annual Amount:50315.00
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5046008015
-
Showings Begin:2025-03-06
Heating & Cooling
-
Heating:1
-
Heating:Central
-
Cooling:Yes
-
Cooling:Central Air
Utilities
-
Sewer:Public Sewer
-
Electric:Standard
-
Water Source:Public
Appliances
-
Appliances:Dishwasher, Electric Oven, Gas Range, Instant Hot Water, Microwave, Refrigerator
-
Included:Yes
The Community
-
Neighborhood:West Adams
-
Features:Sidewalks, Street Lights
-
Association:No
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
Parking
-
Parking:Yes
-
Parking:Garage, Uncovered
-
Parking Spaces:12.00
-
Garage Spaces:8.00
-
Uncovered Spaces:4.00
Extra Units
-
Average 3 Bed Area:1472
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/6/25
Mar 6, 2025
|
Listed / Active | CRMLS_CA | $4,195,000 |