top of page

3888 Potomac Ave

3888 Potomac Ave, Los Angeles, CA 90008, USA

FOR SALE

$1,900,000

Property Details

Listing Agent

Property Type

Multifamily

Units

11

Price Per Unit

$172,727

Price Per SF

$196.10

Cap Rate

7.84%

GRM

8.50

Eial Headshot 2_edited.jpg

Jason Tuvia

Senior Managing Director Investments

(818) 212-2735

Property Description

The Tuvia Group of Marcus and Millichap is 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.

Property Location

3888 Potomac Ave, Los Angeles, CA 90008, USA

Sign up for our newsletter

Contact

Address

Social

Call

818-212-2735

Marcus & Millichap

16830 Ventura Blvd #100

Encino, CA 91346

  • LinkedIn
  • Instagram
  • YouTube
  • X

License

#01772495

Go up

bottom of page