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3438 Potomac Ave
Los Angeles, CA 90016
Non Rent Controlled 2024 Luxury 6 Unit | QOZ · Multifamily Property For Sale
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6 Units
Investment Highlights
- OPPORTUNITY ZONE! Major tax benefit (consult CPA).
- Outstanding projected cap rate of 5.38%! Cash cow.
- IDEAL parking! 2 spots per unit! Total of 12.
- Located in ultra trendy and highly sought after West Adams- A major draw for A+ tenants!
- MASSIVE units (9,144 livable square feet) with premium floorplans.
- Outstanding unit mix consisting of two 4 bedrooms and four 3 bedrooms!
Property Facts
| No. Units | 6 | Building Size | 9,144 SF |
| Property Type | Multifamily | Average Occupancy | 0% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2024 |
| Building Class | B | Parking Ratio | 1.31/1,000 SF |
| Lot Size | 0.21 AC | ||
| Zoning | RD1.5-1 - Brand New - 3 Duplex Buildings | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.21 AC |
| Building Size | 9,144 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 2024 |
| Parking Ratio | 1.31/1,000 SF |
| Zoning | RD1.5-1 - Brand New - 3 Duplex Buildings |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Eat-in Kitchen
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Views
- Double Pane Windows
- Freezer
- Handrails
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3.5 | 2 | $4,250 | 1,242 |
| 3+4 | 2 | $4,350 | 1,472 |
| 4+4 | 2 | $4,800 | 1,858 |
Property Taxes
| Parcel Number | 5046-008-015 | Improvements Assessment | $1,741,000 |
| Land Assessment | $848,966 | Total Assessment | $2,589,966 |
Property Taxes
Parcel Number
5046-008-015
Land Assessment
$848,966
Improvements Assessment
$1,741,000
Total Assessment
$2,589,966
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