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Sold for $1,602,000
  • $1,602,000

    3031 Potomac Ave, Los Angeles, CA 90016

    2beds
    1,008sqft
    SingleFamily
    Built in 1925
    5,214 Square Feet Lot
    $1,628,800 Zestimate®
    $1,589/sqft
    $6,249 Estimated rent

    Home value

    $1,628,800

    $1.51M - $1.78M

    $6,249/mo

    Zestimate® history
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    $6,249/mo

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    $10,295/mo

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    What's special

    Fantastic Spanish home located in one of the hottest neighborhoods of Los Angeles, West Adams!! With lots of charming details, high ceilings, and natural light this home is a blank canvas perfect for an investor or owner user to make it their own. The living and dining room have a nice flow with arched walkways and ceilings that open to a very spacious kitchen with its own laundry room. Two nice sized airy bedrooms share a bathroom with eye catching period details. Spacious back yard is perfect for entertaining and has plenty of room to add an ADU. Just two blocks away from the Expo line this home is a true gem at an incredible price.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air
    Cooling
    • None
    Appliances
    • Laundry: Inside
    Features
    • Flooring: Laminate
    • Common walls with other units/homes: Detached/No Common Walls
    Interior area
    • Total interior livable area: 1,008 sqft

    Property

    Parking
    • Total spaces: 1
    Lot
    • Size: 5,214 Square Feet
    Details
    • Parcel number: 5057021015

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Spanish
    Condition
    • Year built: 1925

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $1,589/sqft
    • Tax assessed value: $1,634,040
    • Annual tax amount: $19,807

    Price history

    DateEventPrice
    3/22/2024Sold$1,602,000+6.9%$1,589/sqft
    Source: Public Record Report a problem
    3/22/2024Pending sale$1,499,000$1,487/sqft
    Source: CLAW #23-297151 Report a problem
    12/27/2023Contingent$1,499,000$1,487/sqft
    Source: CLAW #23-297151 Report a problem
    12/18/2023Price change$1,499,000-11.8%$1,487/sqft
    Source: CLAW #23-297151 Report a problem
    11/1/2023Listed for sale$1,699,000$1,686/sqft
    Source: CLAW #23-297151 Report a problem
    10/4/2023Contingent$1,699,000$1,686/sqft
    Source: CLAW #23-297151 Report a problem
    9/18/2023Listed for sale$1,699,000$1,686/sqft
    Source: CLAW #23-297151 Report a problem
    8/19/2023Listing removed--
    Source: CLAW #23-297151 Report a problem
    8/3/2023Listed for sale$1,699,000+141%$1,686/sqft
    Source: CLAW #23-297151 Report a problem
    7/23/2020Sold$705,000+0.9%$699/sqft
    Source: CLAW #20565748 Report a problem
    4/21/2020Pending sale$699,000$693/sqft
    Source: The Agency #20565748 Report a problem
    3/20/2020Listed for sale$699,000$693/sqft
    Source: The Agency #20565748 Report a problem
    9/16/2019Listing removed$699,000$693/sqft
    Source: Sotheby's International Realty #19-507976 Report a problem
    9/6/2019Listed for sale$699,000+62.6%$693/sqft
    Source: Sotheby's International Realty #19-507976 Report a problem
    6/24/2005Sold$430,000+198.6%$427/sqft
    Source: Public Record Report a problem
    7/10/2000Sold$144,000+10.8%$143/sqft
    Source: Public Record Report a problem
    7/6/1999Sold$130,000$129/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,807 +114.1%$1,634,040 +118.4%
    2024$9,252 +1.9%$748,149 +2%
    2023$9,077 +4.8%$733,481 +2%
    2022$8,661 +1.2%$719,100 +2%
    2021$8,554 +0.7%$705,000 +28.6%
    2020$8,493 +25.6%$548,049 +2%
    2019$6,760 +5.8%$537,304 +2%
    2018$6,392 $526,769 +5.4%
    2017$6,392 +5.5%$500,000 +37.7%
    2016$6,057 +37.6%$363,000
    2015$4,403 +27.1%$363,000 +31%
    2014$3,464 $277,000 +14.9%
    2012-- $241,000
    2011-- $241,000
    2010-- $241,000 -8.4%
    2009-- $263,100 -42.3%
    2008-- $456,317 +2%
    2007-- $447,371 +2%
    2006-- $438,600 +99.9%
    2005-- $219,416 +4%
    2004-- $210,898 +40.8%
    2003-- $149,817 +2%
    2002-- $146,880 +13%
    2000-- $130,000
    Find assessor info on the county website

    Neighborhood: West Adams

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,628,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,628,800