3031 Potomac Ave Los Angeles, CA 90016
West Adams Neighborhood
2
Beds
1
Bath
1,008
Sq Ft
5,213
Sq Ft Lot
Highlights
- Spanish Architecture
- Breakfast Area or Nook
- Laundry Room
- No HOA
- Living Room
- 5-minute walk to Vineyard Recreational Center
About This Home
As of March 2024Fantastic Spanish home located in one of the hottest neighborhoods of Los Angeles, West Adams!! With lots of charming details, high ceilings, and natural light this home is a blank canvas perfect for an investor or owner user to make it their own. The living and dining room have a nice flow with arched walkways and ceilings that open to a very spacious kitchen with its own laundry room. Two nice sized airy bedrooms share a bathroom with eye catching period details. Spacious back yard is perfect for entertaining and has plenty of room to add an ADU. Just two blocks away from the Expo line this home is a true gem at an incredible price.
Last Agent to Sell the Property
Coldwell Banker Realty License #01909807 Listed on: 03/20/2020
Last Buyer's Agent
Carlos Castillo
Redfin License #01254307
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,252
Year Built
- Built in 1925
Lot Details
- 5,213 Sq Ft Lot
- Property is zoned LAR1
Parking
- Driveway
Home Design
- Spanish Architecture
Interior Spaces
- 1,008 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Area
- Laminate Flooring
- Breakfast Area or Nook
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Utilities
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5057-021-015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2023
Closed on
Jan 30, 2024
Sold by
New Ventures Inc
Bought by
Carder Renee K and Carder Danielle B
Seller's Agent
Silke Fernald
ACME Real Estate
Buyer's Agent
Shannon Shue
KW SELA
List Price
$1,699,000
Sold Price
$1,602,000
Premium/Discount to List
-$97,000
-5.71%
Total Days on Market
22
Views
105
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$207,177
Avg. Annual Appreciation
-10.99%
Original Mortgage
$1,096,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 28, 2023
Sold by
Carder Wesley G
Bought by
Carder Renee K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,096,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 20, 2020
Closed on
Jun 16, 2020
Sold by
Bautista Pedra
Bought by
New Ventures Inc
Seller's Agent
Katia Miramontes
Coldwell Banker Realty
Buyer's Agent
Carlos Castillo
Redfin
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.11%
Original Mortgage
$910,000
Interest Rate
3.2%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 14, 2005
Sold by
Gonzalez Juan Carlos and Gonzalez Alma
Bought by
Bautista Pedro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 16, 2005
Sold by
Uribe Morena
Bought by
Gonzalez Juan Carlos and Gonzalez Alma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 25, 2003
Sold by
Gonzalez Juan Carlos and Gonzalez Alma
Bought by
Uribe Morena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 8, 2000
Sold by
Wynn Vanessa L
Bought by
Wynn Vanessa L and Ramirez Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,822
Interest Rate
8.63%
Mortgage Type
FHA
Purchase Details
Closed on
May 26, 1999
Sold by
Hill James G and Hill Alberta
Bought by
Wynn Vanessa L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
9.99%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,602,000 | Socal Title Company | |
| Grant Deed | -- | Socal Title Company | |
| Grant Deed | $705,000 | Fidelity National Title Co | |
| Grant Deed | $430,000 | Lawyers Title | |
| Grant Deed | -- | -- | |
| Interfamily Deed Transfer | -- | Ticor Title Company | |
| Gift Deed | -- | -- | |
| Grant Deed | $144,000 | Investors Title Company | |
| Grant Deed | $130,000 | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,096,000 | New Conventional | |
| Previous Owner | $1,215,000 | New Conventional | |
| Previous Owner | $702,000 | Commercial | |
| Previous Owner | $910,000 | Commercial | |
| Previous Owner | $400,000 | Negative Amortization | |
| Previous Owner | $50,000 | Stand Alone Second | |
| Previous Owner | $344,000 | New Conventional | |
| Previous Owner | $198,000 | Purchase Money Mortgage | |
| Previous Owner | $142,822 | FHA | |
| Previous Owner | $110,500 | No Value Available | |
| Closed | $86,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/22/2024 03/22/24 | Sold | $1,602,000 | +6.9% | $676 / Sq Ft |
| 12/27/2023 12/27/23 | Pending | -- | -- | -- |
| 12/18/2023 12/18/23 | Price Changed | $1,499,000 | -11.8% | $633 / Sq Ft |
| 11/01/2023 11/01/23 | For Sale | $1,699,000 | 0.0% | $717 / Sq Ft |
| 10/04/2023 10/04/23 | Pending | -- | -- | -- |
| 09/18/2023 09/18/23 | For Sale | $1,699,000 | +6.1% | $717 / Sq Ft |
| 08/19/2023 08/19/23 | Off Market | $1,602,000 | -- | -- |
| 08/03/2023 08/03/23 | For Sale | $1,699,000 | +141.0% | $717 / Sq Ft |
| 07/23/2020 07/23/20 | Sold | $705,000 | +0.9% | $699 / Sq Ft |
| 04/11/2020 04/11/20 | Pending | -- | -- | -- |
| 03/20/2020 03/20/20 | For Sale | $699,000 | -- | $693 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,252 | $748,149 | $598,520 | $149,629 |
| 2023 | $9,077 | $733,481 | $586,785 | $146,696 |
| 2022 | $8,661 | $719,100 | $575,280 | $143,820 |
| 2021 | $8,554 | $705,000 | $564,000 | $141,000 |
| 2020 | $6,760 | $548,049 | $438,443 | $109,606 |
| 2019 | $6,494 | $537,304 | $429,847 | $107,457 |
| 2018 | $6,392 | $526,769 | $421,419 | $105,350 |
| 2016 | $4,403 | $363,000 | $291,000 | $72,000 |
| 2015 | $4,404 | $363,000 | $291,000 | $72,000 |
| 2014 | $3,464 | $277,000 | $222,000 | $55,000 |
Source: Public Records
Agents Affiliated with this Home
-
Silke Fernald
Seller's Agent in 2024
Silke Fernald
ACME Real Estate
(213) 910-9018
10 in this area
96 Total Sales
-
Marlena Maidhof
Seller Co-Listing Agent in 2024
Marlena Maidhof
ACME Real Estate
(858) 344-3980
2 in this area
21 Total Sales
-
Shannon Shue
Buyer's Agent in 2024
Shannon Shue
KW SELA
(310) 853-0335
1 in this area
107 Total Sales
-
Katia Miramontes
Seller's Agent in 2020
Katia Miramontes
Coldwell Banker Realty
(310) 310-0324
1 in this area
32 Total Sales
-
Buyer's Agent in 2020
Carlos Castillo
Redfin
(818) 641-7228
Map
Source: The MLS
MLS Number: 20-565748
APN: 5057-021-015
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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