3888 Potomac Avenue, Los Angeles, CA 90008

Property Description

We are pleased to present an eleven (11) unit apartment building located at 3888 Potomac Ave in Los Angeles, California. The subject property is located in a good Baldwin Village location, just south of Martin Luther King Jr Blvd and west of Crenshaw Blvd. Located in Baldwin Village, this eleven-unit multifamily property features one studio, six one-bedroom and four two-bedroom residences, with two units delivered vacant. Offered for the first time in 48 years, the asset presents approximately 20% rental upside and potential to convert tuck-under parking into ADUs while doing the seismic retrofit. Select units feature hardwood and tile flooring, updated kitchens, and renovated bathrooms. Amenities include gated tuck-under parking and on-site laundry. Positioned near Crenshaw Boulevard, La Brea Avenue, and Interstate 10, the property offers access to Metro's E and K Lines, Baldwin Hills Crenshaw Plaza, neighborhood dining, and everyday conveniences. Nearby Jim Gilliam Recreation Center and Kenneth Hahn Park provide additional outdoor recreation opportunities for residents throughout the area. Offered for the first time in 48 years, this Baldwin Village asset combines two vacant units, approximately 20% rental upside, and potential ADU conversion opportunities, presenting multiple avenues to enhance income and long-term value.