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.
Features
16 bedrooms
20 bathrooms
directions_car16 carspaces
directions_car1 garage space
12324 sq. ft. floor area
crop_free14916 sq. ft. lot size
cottageOther
Property history for 3867 Potomac Ave
2013
Sold
$654,673
13 Feb 2013
Happy sellers in Los Angeles
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Local market activity for 16 bedroom other properties in Los Angeles
Sold
For Sale
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