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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!
Property Type(s):
Residential Income
| Last Updated | 3/6/2025 | Year Built | 2024 |
|---|---|---|---|
| Community | Mid Los Angeles | Garage Spaces | 8.0 |
| County | Los Angeles |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Electric Oven, Gas Range, Microwave, Refrigerator, Washer |
| AREA | Mid Los Angeles |
| EXTERIOR | Lighting |
| GARAGE | Garage, Uncovered, Yes |
| HEAT | Central |
| HOA DUES | 0 |
| INTERIOR | Instant Hot Water, Open Floorplan, Recessed Lighting |
| LOT | 9243 sq ft |
| LOT DESCRIPTION | Landscaped |
| PARKING | Garage,Uncovered |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Modern |
| TAXES | 50315 |
| UTILITIES | Electric: Standard |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights,Neighborhood |
| WATER | Public |
| ZONING | LAR2 |
Location
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