3867 Potomac Ave Los Angeles, CA 90008
Baldwin Hills NeighborhoodEstimated payment $21,336/month
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.
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
- 14,916 Sq Ft Lot
- Heating System Mounted To A Wall or Window
Community Details
- 20 Units
Listing and Financial Details
- Assessor Parcel Number 5030-012-007
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $27,098 | $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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
MLS Number: 26633955
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Ask me questions while you tour the home.