3442 Potomac Ave

los angeles, CA 90016

$4,195,000

  • sold

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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!

Details

9,144 Sq Ft

0.2122 Private Acres Exterior Space

Apartment

$50,315 Annual Tax

Built in 2024

MLS/Listing ID BB25047888

6 Units

Amenities & Features

Community - Sidewalks

Community - Street Lights

Lighting

Recessed Lighting

Open Floor Plan

Washer Hookup

Inside

Electric Dryer Hookup

Lot - Landscaped

Parking - Uncovered

Parking - Garage

Neighborhood View

City Lights View

Double Pane Windows

Washer

Refrigerator

Microwave

Instant Hot Water

Gas Range

Electric Oven

Dryer

Dishwasher

Style - Modern

Listing Courtesy of MYUNITS.COM INC., CHEYENNE WOMACK - 805-973-7470

CRMLS

Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE

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