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!
|
DAYS ON MARKET
|
9
|
LAST UPDATED
|
3/6/2025
|
|
YEAR BUILT
|
2024
|
COMMUNITY
|
Mid Los Angeles
|
|
GARAGE SPACES
|
8.0
|
COUNTY
|
Los Angeles
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Dryer, Electric Oven, Gas Range, Microwave, Refrigerator, Washer |
| AREA |
Mid Los Angeles |
| EXTERIOR |
Lighting |
| GARAGE |
Garage, Uncovered, Yes |
| HEAT |
Central |
| HOA DUES |
0 |
| INTERIOR |
Instant Hot Water, Open Floorplan, Recessed Lighting |
| LOT |
9243 sq ft |
| LOT DESCRIPTION |
Landscaped |
| PARKING |
Garage,Uncovered |
| POOL DESCRIPTION |
None |
| SEWER |
Public Sewer |
| STORIES |
3 |
| STYLE |
Modern |
| TAXES |
50315 |
| UTILITIES |
Electric: Standard |
| VIEW |
Yes |
| VIEW DESCRIPTION |
City Lights,Neighborhood |
| WATER |
Public |
| ZONING |
LAR2 |
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/15/25 7:04 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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