$3,595,000

3867 Potomac Avenue, Los Angeles, CA 90008

  • 12,324 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $292/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
January 5, 2026
Data Last Updated:
February 8, 2026 at 7:06AM
Listing Office:
Marcus & Millichap : 424-405-3900
Listing Agent:
Jonathan Weir : 424-405-3855
MLS ID:
CL26633955
  • A/C: None
  • Heating: Wall Furnace
  • Parking: Other
  • Originating MLS: CRMLS
  • County: Los Angeles
  • Zoning: LAR35030012007
  • Source: CRMLS

Presented by Veterans United Realty

This listing courtesy of Jonathan Weir , Marcus & Millichap

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hillcrest Drive Elementary

4041 Hillcrest Dr, Los Angeles, CA, 90008

Grades KG-5

0.17 miles away

M

Marlton

4000 Santo Tomas Dr, Los Angeles, CA, 90008

Grades KG-12

0.49 miles away

V

View Park Continuation

4701 Obama Blvd, Los Angeles, CA, 90016

Grades 9-12

0.44 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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