REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,900,000
Est. payment | /mo
15 Beds
11 Baths
9,689 SqFt
$ 1,900,000
Est. payment | /mo
15 Beds
11 Baths
9,689 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 9,689 sqft
Price per Sqft $196
MLS Listing ID 26107164
Bedrooms 15
HOA Y/N No
Year Built 1956
Lot Size 8,964 Sqft
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 Phht - Park Hills Heights
Zoning LAR3
Interior
Fireplace No
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5030014023
Special Listing Condition Standard
Listed by Jason Tuvia Marcus & Millichap #01772495