Homes for sale - 3442 Potomac Avenue, Los Angeles, CA 90016

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John R Thompson

jrtcalibroker@gmail.com +1(805) 796-5221

Listed by Cheyenne N. Womack • Myunits.com Inc.

$4,195,000

Est. payment - /mo

9,144 SqFt

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Key Details

Property Type Single Family Home

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Square Footage 9,144 sqft

Price per Sqft $458

MLS Listing ID BB-25047888

Style Modern

Year Built 2024

Lot Size 9,243 Sqft

Property Sub-Type Apartment

Property 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!

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LAR2

Interior

Interior Features Open Floorplan, Recessed Lighting

Heating Central

Cooling Central Air

Fireplaces Type None

Laundry Dryer Included, Electric Dryer Hookup, Inside, Washer Hookup, Washer Included

Exterior

Exterior Feature Lighting

Parking Features Garage, Uncovered

Garage Spaces 8.0

Pool None

Community Features Sidewalks, Street Lights

View Y/N Yes

View City Lights

Building

Lot Description Landscaped

Sewer Public Sewer

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John R Thompson

+1(805) 796-5221

Broker/Owner | License ID: 01200900

Broker/Owner License ID: 01200900

3442 Potomac Avenue Los Angeles, CA 90016

John R Thompson

Key Details

Location

Interior

Exterior

Building

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3442 Potomac Avenue