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$999,000 – 4 Unit Apartment in West Adams (Los Angeles, CA)

Overview

FOR SALE:  4 Unit Apartment in West Adams Neighborhood
$999,000
Los Angeles, Ca

3444 Potomac is located walking distance from the Metro Expo Line off Farmdale Station in the Historic West Adams neighborhood in Los Angeles. 

This beautiful 4 unit property was remodeled and offers an investor and/or owner-occupier to acquire a turnkey investment in a strong rental market. The 2 story property boasts a solid unit mix of (3) 1 bed/1 bath and (1) studio units.  One Unit to be Delivered Vacant at Close of Escrow

The building was originally built in 1947 with a total size of 2,096 SF, sitting on 6,037 SF corner lot zoned R3-1 (TOC Tier 3) allowing for a developer to build up to 14 units in a Transit Oriented Corridor near the Metro while also capitalizing on tax benefits within an “Opportunity Zone.”

Prime Location in West Adams near Leimert Park, Baldwin Hills, Crenshaw, Culver City, Rancho Cienega SportsComplex, USC, Exposition Park, DTLA, Staples Center, LA Live, Restaurants & Shops

    • Address:              3444 Potomac  Ave, Los Angeles, Ca 90016
    • Total Units:        4
    • Building Size:     2,096 SF
    • Lot Size:              6,037 SF
    • Zoning:                LAR3-1 (TOC Tier 3)
    • Year Built:          19

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Summary

Offering Price:
$999,000

Total Units:
4

Gross Rent Multiplier:
Call for Details

Cap Rate:
Call for Details

Building SF:
2,096 SF

Lot Size:
6,037 SF

Year Built:
1947