3867 Potomac Avenue, Los Angeles, CA 90008

$3,595,000 Approx. USD 16 beds, 20 baths
12,324 sqft

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Brochure

Photo of Dennis Kamrany

Marketed By Dennis Kamrany REALTOR® - Sales Associate 310-699-7010 m
Lic#: 01933492
NRDS ID: 175525183
denniskamrany@gmail.com Santa Monica Office
3130 Wilshire Blvd, Suite 100
Santa Monica, CA 90403
Phone: 310-829-0629
Fax: 310-829-7541

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Agent Remarks

We are pleased to present 3867 Potomac Avenue in Los Angeles, CA, a 20-unit apartment building offering strong in-place income and value-add potential. The property features a unit mix of 16 one-bedroom units and four studio apartments, with 16 on-site parking spaces, providing immediate cash flow with upside through unit upgrades and operational efficiencies. Recent capital improvements include a new roof (2022), soft-story seismic retrofit (2021), upgraded unit sub-panels (2021), and plumbing improvements (2016), ensuring a solid operational foundation. Located in the highly desirable Baldwin Village / South Los Angeles submarket near the Crenshaw Corridor and Leimert Park, the asset benefits from ongoing redevelopment, transit accessibility, and strong renter demand making it an ideal opportunity for investors seeking long-term appreciation in a growing market. For more information, please reach out.

Listing Details

Property type: (Multi-Family)

Status: Active

MLS# 26633955

Price: $3,595,000

Beds: 16

Baths: 20

Built in 1957

12,324 sqft

2 stories

0.34 acres

Lot size: 0.3424