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$4,695,000   Price Analysis
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3438 Potomac Ave
Los Angeles, CA 90016
20 bed 23 bath 9,144 SqFt ($513/SqFt)
9,246SqFt lot. Built 2024
Listed 2024-04-29, Taxes $2,405
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

We are proud to exclusively present for sale a 100% Brand Brand new Construction

Non-Rent Controlled 6 Unit Residential Project consisting of 3 Duplexes in the heart of West Adams. There is the potential to convert garages into ADUs, Buyer to investigate. This property is not subject to LA City nor State Rent Control. With Condo-Level Finishe s and Top-of-the-Line Appliances, these generous units have at least one full bathroom per bedroom. Consisting of two 4+4s, two 3+4s and two 3+3.5s, there are a total of 12 parking spaces on site, including four private garages. Spacious living rooms with guest bathrooms and open kitchens are found on the second floor, with all units having bedrooms on the ground floor and third floor and the front units having a bedroom on the second floor as well. Each bathroom features their own modern tile; the front units have walk-in closets. Stackable laundry connections in every home, the front units also feature covered balconies. All units will share the outdoor space in th back of the property. Less than a quarter mile to the Farmdale Station of the Expo / E Metro Lightrail Line, hop on a train and head to Santa Monica or DTLA!

Or stay in the area and enjoy what this central West Adams location has to offer, with parks, restaurants, shopping, nightlife and more within a short walk. The massive change that has happened in the area in recent years has also brought more jobs. Get breakfast at Highly Likely, swing by the Thinkspace Project Gallery, spend the afternoon at Rancho Cienega Recreation Centeror hop on the Metro and be at the beach in no time at all. These homes have what your future tenants desire! The property is in an Opportunity Zone!


Presented by Dario Svidler at
Keller Williams Beverly Hills.


Property MLS #24-385585 from TheMLSCLAW

Bedrooms: 20

Total Bathrooms: 23
Full Bathrooms: 23

Cooling Features: Central
Heating Features: Central

Lot Size Acres: 0.212259
Lot Size Dimensions: 63x130x80x131
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 9246

Garage Spaces: 8
Garage Description: Side By Side, Tandem, Private Garage, Assigned
Parking Total: 12

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 3
Number of Units: 6
Unit Features: 1 BedsTotal: 4, 1 BathsTotal: 4, 2 BedsTotal: 3, 2 BathsTotal: 4, 3 BedsTotal: 3, 3 BathsTotal: 3.5

Source Listing Status: Active
County: Los Angeles
Directions: West Adams - Just north of the Exposition Metro Line - East of La Brea.
Source Property Type: Residential Income
Area: Park Hills Heights
Source Neighborhood: Park Hills Heights
Parcel Number: 5046-008-015
Postal Code Plus 4: 4117
Zoning: RD1.5-1
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$17,663 + $160,905
$178,568
$2,405
2021$17,317 + $157,750
$175,067
$2,371
2020$17,140 + $156,133
$173,273
$2,391
2019$16,804 + $153,072
$169,876
$2,307
2018$16,475 + $150,071
$166,546
$2,231
2017$16,152 + $147,129
$163,281
$2,187
2016$15,836 + $144,245
$160,081
$2,133
2015$15,599 + $142,079
$157,678
$2,105
2014$15,294 + $139,296
$154,590
$2,124
2013$15,225 + $138,667
$153,892
$2,118
2012$14,927 + $135,949
$150,876
$2,145
2010$14,635 + $133,284
$147,919
$2,111
2009$14,561 + $132,603
$147,164
$2,034
2009$14,526 + $132,288
$146,814
$2,034
2008$14,276 + $130,003
$144,279
$1,955
2007$13,997 + $127,454
$141,451
$1,894

Listed 2024-04-29
$4,695,000
TheMLSCLAW
Sold 2022-01-25
$1,000,000
Public Record
Sold 1985-05-30
$65,000
Public Record

Total Square Feet Living: 9144
Year Built: 2024
Levels: Three Or More Levels
Living Area Source: Developer
New Construction: Yes
Levels or Stories: 3
Building Total Stories: 3
Year Built Source: Builder

Other Equipment: Range/Oven, Gas Dryer Hookup

Susan Miller Dorsey Senior High School is a public high school located approximately 0.2 miles away.
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Virginia Road Elementary School is a public elementary school located approximately 0.3 miles away.
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Johnnie Cochran, Jr., Middle School is a public middle school located approximately 1.6 miles away.
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West Angeles Christian Academy is a private elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.