3867 Potomac Avenue, Los Angeles, CA 90008
Local realty services provided by:ERA Excel Realty
3867 Potomac Avenue,Los Angeles, CA 90008
$3,595,000
- 16 Beds
- 20 Baths
- 12,324 sq. ft.
- Multi-family
- Active
Listed by: stefan ignjatovic
Office: marcus & millichap
MLS#:26633955
Source:CRMLS
Price summary
- Price:$3,595,000
- Price per sq. ft.:$291.71
About this home
We are pleased to present 3867 Potomac Avenue in Los Angeles, CA, a 20-unit apartment building offering strong in-place income and value-add potential. The property features a unit mix of 16 one-bedroom units and four studio apartments, with 16 on-site parking spaces, providing immediate cash flow with upside through unit upgrades and operational efficiencies. Recent capital improvements include a new roof (2022), soft-story seismic retrofit (2021), upgraded unit sub-panels (2021), and plumbing improvements (2016), ensuring a solid operational foundation. Located in the highly desirable Baldwin Village / South Los Angeles submarket near the Crenshaw Corridor and Leimert Park, the asset benefits from ongoing redevelopment, transit accessibility, and strong renter demand making it an ideal opportunity for investors seeking long-term appreciation in a growing market. For more information, please reach out.
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Home facts
- Year built:1957
- Listing ID #:26633955
- Added:71 day(s) ago
- Updated:March 19, 2026 at 01:19 PM
Rooms and interior
- Bedrooms:16
- Total bathrooms:20
- Kitchen Description:Refrigerator
- Living area:12,324 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1957
- Building area:12,324 sq. ft.
- Lot area:0.34 Acres
- Levels:2 Story
Finances and disclosures
- Price:$3,595,000
- Price per sq. ft.:$291.71
Features and amenities
- Appliances:Disposal, Refrigerator
Parking
- Total parking spaces:16
- Parking description:Garage, Gated
- Garage:Yes
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