3888 Potomac Ave, Los Angeles, CA 90008
3888 Potomac Ave, Los Angeles, CA 90008
3888 Potomac Ave, Los Angeles, CA 90008
3888 Potomac Ave, Los Angeles, CA 90008
3888 Potomac Ave, Los Angeles, CA 90008
3888 Potomac Ave, Los Angeles, CA 90008
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$ 1,900,000
Est. payment | /mo

15 Beds

11 Baths

9,689 SqFt


Save
$ 1,900,000
Est. payment | /mo
Save

15 Beds

11 Baths

9,689 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,689 sqft

Price per Sqft $196

MLS Listing ID 26107164

Bedrooms 15

Year Built 1956

Lot Size 8,965 Sqft

Acres 0.2058

Property Sub-Type Multi-Family

Property Description

We are pleased to present an eleven (11) unit apartment building located at 3888 Potomac Ave in Los Angeles, California. The subject property is located in a good Baldwin Village location, just south of Martin Luther King Jr Blvd and west of Crenshaw Blvd. Located in Baldwin Village, this eleven-unit multifamily property features one studio, six one-bedroom and four two-bedroom residences, with two units delivered vacant. Offered for the first time in 48 years, the asset presents approximately 20% rental upside and potential to convert tuck-under parking into ADUs while doing the seismic retrofit. Select units feature hardwood and tile flooring, updated kitchens, and renovated bathrooms. Amenities include gated tuck-under parking and on-site laundry. Positioned near Crenshaw Boulevard, La Brea Avenue, and Interstate 10, the property offers access to Metro's E and K Lines, Baldwin Hills Crenshaw Plaza, neighborhood dining, and everyday conveniences. Nearby Jim Gilliam Recreation Center and Kenneth Hahn Park provide additional outdoor recreation opportunities for residents throughout the area. Offered for the first time in 48 years, this Baldwin Village asset combines two vacant units, approximately 20% rental upside, and potential ADU conversion opportunities, presenting multiple avenues to enhance income and long-term value.

Location

State CA

County Los Angeles

Area Park Hills Heights

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

Equipment Other

Exterior

Parking Features Other

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Marcus & Millichap

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3888 Potomac Ave