$3,595,000

3867 Potomac Ave Los Angeles, CA 90008

Baldwin Hills Neighborhood

Estimated payment $20,839/month

Total Views 719
16 Beds
20 Baths
12,324 Sq Ft
$292 Price per Sq Ft

Highlights

  • Gated Parking
  • 0.34 Acre Lot
  • 16 Car Garage

About This Home

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 Agent

Jonathan Weir

Marcus & Millichap License #02038545 Listed on: 01/05/2026

Co-Listing Agent

Stefan Ignjatovic

Marcus & Millichap License #02084397

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Interior Spaces

  • 12,324 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 20 Bathrooms

Parking

  • 16 Car Garage
  • Gated Parking

Additional Features

  • 0.34 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 20 Units

Listing and Financial Details

  • Assessor Parcel Number 5030-012-007

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 12324
  • Lot Acreage: 0.3424
  • Stories: 2
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 16
  • Total Bathrooms: 20.00
  • Equipment: Range/Oven, Refrigerator, Garbage Disposal
  • Price Per S Q F T: 291.71

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage, Gated
  • Total Parking: 16

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 628023
  • Assessed Land Percent: 70
  • Assessed Land Value: 1465393
  • Total Assessed Value: 2093416
  • Assessor Parcel Number: 5030-012-007
  • Lot Size Area: 14916

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.36
  • Number Of Units: 20
  • Type Of Units: Standard

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2025 $26,721 $2,093,416 $1,465,393 $628,023
2024 $26,721 $2,052,369 $1,436,660 $615,709
2023 $26,236 $2,012,128 $1,408,491 $603,637
2022 $25,080 $1,972,675 $1,380,874 $591,801
2021 $24,721 $1,933,997 $1,353,799 $580,198
2019 $24,019 $1,881,916 $1,313,646 $568,270
2018 $31,192 $2,465,280 $2,000,000 $465,280
2016 $22,616 $1,768,399 $1,237,880 $530,519
2015 $22,303 $1,741,837 $1,219,286 $522,551
2014 $22,502 $1,707,717 $1,195,402 $512,315
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2026 01/05/26 For Sale $3,595,000 -- $292 / Sq Ft
Source: The MLS

Source: The MLS

MLS Number: 26633955

The MLS
California Los Angeles County Los Angeles 90008 Baldwin Hills

3867 Potomac Ave, Los Angeles, CA

For Sale

MultiFamily

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Jonathan Weir
Listing Agent
Jonathan Weir
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Marcus & Millichap
(310) 909-5500