11-Unit Apartment
3888 Potomac Ave, Los Angeles, CA 90008
For Sale
New
$1,900,000
Gated tuck-under parking and on-site laundry serve the property’s residential units.
Property SizeContact for details
Days on Market2
Property Features for 3888 Potomac Ave
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Cap Rate
Amenities
gated tuck-under parking
on-site laundry
Solid Baldwin Village Location
Select Units Feature a Mix of Hardwood and Tile Flooring and Updated Kitchen and Bathroom, Providing Modern Finishes
Solid Rental Upside Potential (+15%)
Two (2) Units Delivered Vacant
Gated On-Site Tuck-Under Parking Available (Retrofit Needed)
On-Site Laundry Facility
First Time on the Market in 48 Years
Excellent Opportunity to Convert Tuck-Under Parking Spaces into Multiple ADUs (Cost of Soft-Story Retrofit to be Reduced by Building ADUs at the Same Time)
Building Details
Buildings
Units
Listing Agency:
Marcus & Millichap
Listed By:
Jason Tuvia
(818) 212-2735
Source:
Marcusmillichap
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 12 at 2:37PM
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 Marcus & Millichap
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Investment Insights
Based on property information with market context.
The 11-unit apartment property at 3888 Potomac Ave in Los Angeles includes one studio, six one-bedroom apartments and four two-bedroom apartments. Two units are vacant. Select residences have hardwood or tile floors, updated kitchens and renovated bathrooms. Gated tuck-under parking and on-site laundry are also on the property.
The building is in Baldwin Village, near Crenshaw Boulevard and La Brea Avenue, with access to Interstate 10 and Metro’s E and K Lines. Baldwin Hills Crenshaw Plaza, neighborhood dining, Jim Gilliam Recreation Center and Kenneth Hahn Park are among the nearby destinations.
The building is in Baldwin Village, near Crenshaw Boulevard and La Brea Avenue, with access to Interstate 10 and Metro’s E and K Lines. Baldwin Hills Crenshaw Plaza, neighborhood dining, Jim Gilliam Recreation Center and Kenneth Hahn Park are among the nearby destinations.
Key Highlights
- 11 apartments: one studio, six one‑bedroom units and four two‑bedroom units
- Two units are vacant
- Gated tuck‑under parking and on‑site laundry
Property Analytics
Who owns this building?
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Lease Details
11
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,895
Businesses Nearby
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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
$1,003,000
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Gated tuck-under parking and on-site laundry serve the property’s residential units.
Where is this apartment building located?
The property is located at 3888 Potomac Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 11 apartments: one studio, six one‑bedroom units and four two‑bedroom units; Two units are vacant; Gated tuck‑under parking and on‑site laundry
