Property Details
About this Property
3438 Potomac Ave is an ultra-premium NON RENT CONTROLLED, OPPORTUNITY ZONE, 2024 construction 6-unit building located in trendy West Adams, just a short walk from countless high-end shops, galleries, and notable eateries such as Highly Likely Cafe, Thinkspace Gallery, and The Bar at Johnny's! This luxury property boasts an impressive projected 5.38% cap rate and $321,600 in yearly gross rent, making it a dream come true for 1031 exchange and Opp. Zone buyers! The property is comprised of an ideal unit mix: two large 4-bedroom tri-level townhome-style units, and four equally impressive 3-bedroom tri-level townhome-style units. All units feature large open floor plans, ultra-trendy designs, huge balconies, upgraded finishes, and TONS of PARKING! Thanks to its A++ location, this will be an extremely easy-to-manage, easy-to-rent, high cash flow property for years to come. The property also includes 12 parking spots (8 garage spaces and 4 exterior spots), all secured behind an automatic gate. The excellent location, paired with upscale modern units, ensures quick and easy rentals. These premium townhomes offer unbeatable floorplans with extremely large, tenant-friendly kitchens and living rooms. Noteworthy features include designer tiles, modern glossy cabinets, high ceilings, h
MLS Listing Information
MLS #
CRBB24185573
MLS Source
California Regional MLS
Days on Site
70
Interior Features
Appliances
Dishwasher, Freezer, Garbage Disposal, Microwave, Other, Oven - Gas, Oven Range - Gas
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Style
Contemporary
Parking, School, and Other Information
Garage/Parking
Attached Garage, Garage, Gate/Door Opener, Garage: 8 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Elizabeth Maddox
Myunits.com Inc.
License #: 01921425
Phone: –
Co-Listing Agent
Ian Maddox
License #: 02030205
Phone: –
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 0 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
3438 Potomac Ave is a Residential Income in Los Angeles, CA 90016. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,495,000 and was built in 2024. This address can also be written as 3438 Potomac Ave, Los Angeles, CA 90016.
©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of September 09, 2024. For the most current information, please contact Elizabeth Maddox
