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!
Sold for $4,150,000
Listed by: Myunits.com Inc. • Cheyenne Womack • Contact: 805-973-7470
Bought with: T.N.G. Real Estate Consultants
$4,150,000
3442 Potomac Ave, Los Angeles, CA 90016
20beds
24baths
9,144sqft
Multi Family
Built in 2024
-- sqft lot
$4,110,900 Zestimate®
$454/sqft
$3,242 Estimated rent
Home value
$4,110,900
$3.70M - $4.56M
$3,242/mo
Zestimate® history
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List your homeWhat's special
Ultra-trendy interiorsUpgraded finishesLarge open floor plansDrought-tolerant landscaping
Zillow last checked:
Listing updated:
Listed by:
Cheyenne Womack DRE #02064825 805-973-7470,
Myunits.com Inc.,
Lauren Cearley DRE #02146823 213-302-8662,
Myunits.com Inc.
Bought with:
Gina Lloyd, DRE #01894938
T.N.G. Real Estate Consultants
Carlos Barron, DRE #01887430
T.N.G. Real Estate Consultants
Source: CRMLS,MLS#: BB25047888
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 24
Rooms
- Room types: Kitchen, Living Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside
Features
- Open Floorplan, Recessed Lighting, Instant Hot Water
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 9,144
- Total interior livable area: 9,144 sqft
Property
Parking
- Total spaces: 12
- Parking features: Garage, Uncovered
- Garage spaces: 8
- Uncovered spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: Three Or More
- Stories: 3
- Entry location: Ground level
- Exterior features: Lighting
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: City Lights, Neighborhood
Lot
- Size: 9,243 Square Feet
- Features: Landscaped
Details
- Parcel number: 5046008015
- Zoning: LAR2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Multi Family
Condition
- Turnkey
- New construction: Yes
- Year built: 2024
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $454/sqft
- Annual tax amount: $50,315
- Date on market: 3/6/2025
- Cumulative days on market: 14 days
- Listing terms: Submit
- Total actual rent: 26500
- Tenant pays: All Utilities
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/5/2025 | Sold | $4,150,000-1.1%$454/sqft |
Source:  CRMLS #BB25047888 Report a problem | ||
| 3/27/2025 | Pending sale | $4,195,000$459/sqft |
Source: CRMLS #BB25047888 Report a problem | ||
| 3/6/2025 | Listed for sale | $4,195,000$459/sqft |
Source: CRMLS #BB25047888 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: West Adams
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Nearby schools
GreatSchools rating
- 8/10Virginia Road Elementary SchoolGrades: K-5Distance: 0.4 mi
- 3/10Johnnie Cochran, Jr., Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Susan Miller Dorsey Senior High SchoolGrades: 9-12Distance: 0.2 mi
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Estimated market value
$4,110,900
Get a cash offer in 3 minutes
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Estimated market value
$4,110,900
- California
- Los Angeles County
- Los Angeles
- 90016
- West Adams
- 3442 Potomac Ave
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