20-Unit Apartment
For Sale
$3,595,000
3867 Potomac Ave, Los Angeles, CA 90008
Apartment property with one-bedroom and studio units, on-site parking, and recent building-system upgrades.
Property Size12,324 SF
Days on Market150
Property Features for 3867 Potomac Ave
General Information
Standard status
Active
Size
12,324 SF
Total Parking Spaces
16
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
16 x 1BR, 4 x studio
Multifamily Units
20
Additional Details
Cap Rate
7.18%
Public Transit
Yes
Amenities
Strong In-Place Income
16 Parking Spaces
Near Crenshaw Corridor and Leimert Park
Value-Add Opportunity
Building Details
Building Size
12,324 SF
Buildings
1
Units
20
Listing Agency:
South Bay Office
(424) 405-3855
Listed By:
Jonathan Weir · License #CA: 02038545
(424) 405-3855
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 30
Last Checked: Aug 30 at 11:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of South Bay Office
Investment Insights
Based on property information with market context.
This 20-unit apartment property includes 16 one-bedroom apartments and four studio units, along with 16 on-site parking spaces. Capital work has addressed several major components: the roof was replaced in 2022, a soft-story seismic retrofit was completed in 2021, unit sub-panels were upgraded in 2021, and plumbing improvements were made in 2016.
The property is located at 3867 Potomac Ave in Los Angeles, within the Baldwin Village / South Los Angeles submarket. The surrounding context includes the Crenshaw Corridor and Leimert Park, with transit accessibility and ongoing redevelopment identified in the immediate market area.
The property is located at 3867 Potomac Ave in Los Angeles, within the Baldwin Village / South Los Angeles submarket. The surrounding context includes the Crenshaw Corridor and Leimert Park, with transit accessibility and ongoing redevelopment identified in the immediate market area.
Key Highlights
- 20‑unit apartment building with 16 one‑bedroom units and four studio apartments
- 16 on‑site parking spaces
- New roof completed in 2022
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
Location Intelligence
Trade Area within ½ mile
1,895
Businesses Nearby
Explore this area
Business Placement
Demographics for 90008, CA
33,041
Population
16,245
Households
2
Avg Household Size
42
Median Age
33%
College-Educated
85%
High-School Grad
2.9 sq mi
ZIP Area
11,393
Density / Sq Mi
$61,822
Median Household Income
$41,295
Median Earnings
$1,589
Median Rent
$1,003,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with one-bedroom and studio units, on-site parking, and recent building-system upgrades.
Where is this apartment building located?
The property is located at 3867 Potomac Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,595,000.
What are key features of this property?
This property features: 20‑unit apartment building with 16 one‑bedroom units and four studio apartments; 16 on‑site parking spaces; New roof completed in 2022
