3438 Potomac Avenue

Los Angeles, CA 90016

$4,695,000
Price
20
Beds
23
Baths
9,144 Sq. Ft.
$513 / Sq. Ft.
9,144
Sq. Ft.
$513
per Sq. Ft.

Description

We are proud to exclusively present for sale a 100% Brand New Construction, Non-Rent Controlled 6 Unit Residential Project consisting of 3 Duplexes in the heart of West Adams. There is the potential to convert garages into ADUs, Buyer to investigate. This property is not subject to LA City nor State Rent Control. With Condo-Level Finishes and Top-of-the-Line Appliances, these generous units have at least one full bathroom per bedroom. Consisting of two 4+4s, two 3+4s and two 3+3.5s, there are a total...We are proud to exclusively present for sale a 100% Brand New Construction, Non-Rent Controlled 6 Unit Residential Project consisting of 3 Duplexes in the heart of West Adams. There is the potential to convert garages into ADUs, Buyer to investigate. This property is not subject to LA City nor State Rent Control. With Condo-Level Finishes and Top-of-the-Line Appliances, these generous units have at least one full bathroom per bedroom. Consisting of two 4+4s, two 3+4s and two 3+3.5s, there are a total of 12 parking spaces on site, including four private garages. Spacious living rooms with guest bathrooms and open kitchens are found on the second floor, with all units having bedrooms on the ground floor and third floor, and the front units having a bedroom on the second floor as well. Each bathroom features their own modern tile; the front units have walk-in closets. Stackable laundry connections in every home, the front units also feature covered balconies. All units will share the outdoor space in the back of the property. Less than a quarter mile to the Farmdale Station of the Expo / E Metro Lightrail Line, hop on a train and head to Santa Monica or DTLA! Or stay in the area and enjoy what this central West Adams location has to offer, with parks, restaurants, shopping, nightlife and more within a short walk. The massive change that has happened in the area in recent years has also brought more jobs. Get breakfast at Highly Likely, swing by the Thinkspace Project Gallery, spend the afternoon at Rancho Cienega Recreation Centeror hop on the Metro and be at the beach in no time at all! These homes have what your future tenants desire! The property is in an Opportunity Zone!

Property Details for 3438 Potomac Avenue

Zoning
RD1.5-1
Parcel Number
5046008015
Total Units
6.0
Living Area
9144
Source Living Area
Developer
Area
Park Hills Heights (PHHT)
Vacancy Rate
100
Lot Size Area
9246

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474
Add your commute
LISTING UPDATED: 05/07/2024 12:01 AM

Property Details for 3438 Potomac Avenue

StatusActive
MLS #24-385585
Days on Market22
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.21 AC / 9,246 SF
CountyLos Angeles County

Location

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474
Add your commute

Building Information for 3438 Potomac Avenue

Stories3Residences-Year Built2024Building Size-Lot Size0.21 AC / 9,246 SF

Payment Calculator

$26,670 per month

30 year fixed, 7.25% Interest

Principal and Interest

$25,623

Property Taxes

$1,047

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3438 Potomac Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Builder
  • Number Of Stories: 3
  • Number Of Buildings: 3
  • Type Of Units: Townhomes
Contract Info
Contract Info
  • Disclosures: Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $0
  • Net Operating Income: $.00
  • Gross Income: $0
  • Gross Rent Multiplier: $.00
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: No
  • Paved: Yes
  • Lot Acreage: 0.2123
  • Lot Size Square Feet: 9246
  • Lot Size Dimensions: 63x130x80x131
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Side By Side, Tandem, Other, Private Garage, Assigned
  • Total Parking: 12
  • Open Other Spaces Total: 4
  • Garage Spaces Total: 8
  • Parking Features: Side by Side, Tandem Garage, Private, Assigned
Interior Features
Interior Features
  • Levels: Three Or More
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Equipment: Other, Range/Oven, Gas Dryer Hookup
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-29-2024
  • Rent Control: No
Unit Details
Unit 1 Information
  • Unit Beds: 4
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 3
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 4
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $.00
  • Like Units: 2
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $204,000.00
  • Assessed Improvement Percent: 20.0
  • Assessed Land Value: $816,000.00
  • Assessed Land Percent: 80
  • Assessed Total Value: $1,020,000.00

Property History for 3438 Potomac Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3438 Potomac Avenue

Taxable ValueLand$816,000Additions$204,000Total$1,020,000
Tax Record2023$12,558 ($1,047 / month)
Home Facts
Beds2Total Finished SqFt936 SqFtAbove Grade Finished SqFt936 SqFtStories1Lot Size9,243 SqFtStyleSingle Family ResidenceYear Built1926ZoningLAR2CountyLOS ANGELESAPN5046-008-015

Schools near 3438 Potomac Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Virginia Road Elementary School
PublicK to 5

Johnnie Cochran, Jr., Middle School
Public6 to 8

Susan Miller Dorsey Senior High School
Public9 to 12

View Park Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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3438 Potomac Avenue is a multi-family home for sale in Los Angeles, CA 90016. This property was listed for sale on April 29, 2024 by Keller Williams Beverly Hills, it's currently listed at $4,695,000. It has been on the market for a total of 22 days and was last sold on October 22, 2021. This listing's school district is Los Angeles Unified School District. Nearby schools include Virginia Road Elementary School, Johnnie Cochran, Jr., Middle School and Susan Miller Dorsey Senior High School. 3438 Potomac Avenue is a 20-bed, 23-bath, 9,144 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Beverly Hills, Dario Svidler, DRE #01884474

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.