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Sold$4,150,000on Jun 5, 2025
3442 Potomac Avenue, Los Angeles, Ca 90016
Myunits.com Inc.
14Beds
16Baths
14Days Listed
About This Property
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!
Cheyenne WomackMyunits.com Inc.805-973-7470
Virtual Tour
Property Location
Map
Property Details
- Property Type
- Res Income 2-4 Units
- Bedrooms
- 14
- Bathrooms
- 16
- Building Area
- 0 Sqft
- Living Area
- 0 sqft
- Year Built
- 0
- Status
- Sold
- Days on Market
- 14
- Cumulative Days on Market
- 15
- Original Price
- $4,195,000
Location & Neighborhood
Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.
Los Angeles Market Snapshot
1,503
Active Listings
$799K
Median Price
83
Avg Days on Market
Last updated: Jun 6, 2025
More Sold Properties in Los Angeles
View allBased on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.
$4,195,000