3442 Potomac Avenue
Los Angeles, CA, 90016
$4,195,000
Beds
0 Baths
SqFt
0.21 Acres
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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&#39' most dynamic rental markets. This opportunity will not last long!

Property Details

Price:
$4,195,000
MLS #:
BB25047888
Status:
Active
Baths:
0
Address:
3442 Potomac Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Mar 6, 2025
State:
CA
ZIP:
90016
Lot Size:
9,243 sqft / 0.21 acres (approx)
Year Built:
2024
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Interior

Accessibility Features
None
Appliances
Dishwasher, Electric Oven, Gas Range, Instant Hot Water, Microwave, Refrigerator
Cooling
Central Air
Fireplace Features
None
Heating
Central
Interior Features
Open Floorplan, Recessed Lighting
Window Features
Double Pane Windows

Exterior

Community Features
Sidewalks, Street Lights
Electric
Standard
Exterior Features
Lighting
Garage Spaces
8.00
Lot Features
Landscaped
Parking Features
Garage, Uncovered
Parking Spots
12.00
Pool Features
None
Sewer
Public Sewer
Spa Features
None
Stories Total
3
View
City Lights, Neighborhood
Water Source
Public

Financial

Association Fee
0.00
Taxes
$50,315
Tenant Pays
All Utilities

Map

Community

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3442 Potomac Avenue
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