Property details
Propery Type:
Apartments
Address:
3867-3885 Potomac Ave, Los Angeles, CA 90008
Offering Price:
$3,495,000
Units:
20
Cap Rate:
7.42%
Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us
Investment Highlights

The Weir Group is 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.

Location
Gallery
No items found.
Listed By
Jonathan Weir
Senior Vice president Investments
(424) 405-3900
Contact Us

3867-3885 Potomac Ave

Los Angeles, CA
90008
Click to Download
Marketing Package