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3438 Potomac Ave, West Adams

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3438 Potomac Ave, West Adams

West Adams 6-Unit, 8 Garage Spaces, 4 Exterior Spaces, OPPORTUNITY ZONE, Non Rent Controlled

$4,495,000

  • (0)
  • 19 Views
  • Oct 05, 2024
  • Los Angeles

Description
OPPORTUNITY ZONE! Massive, sleek and easy to manage new construction 6-unit located in the trendy West Adams. This location draws A+ tenants VERY QUICKLY thanks to the major lack of inventory in the area. Features private patios, massive windows, sleek cabinetry and high ceilings. Plus, it comes fully loaded with stainless steel kitchen appliances!
Overview
Lot (sq ft): 9243
Price: $4,495,000
Important Details
Metro Area County: Los Angeles
Specific Area: West Adams
No Of Units: 6
Opportunity Zone: Yes
Cap Rate: 5.38%
Gross Rent Multiplier: 13.98
Income Pro Forma: $321,600
Vacant: Yes
Leased At Market: Yes
Accessory Dwelling Unit: Yes
Large Lot: Yes
Permits Ready: Yes
Seller Financing: Yes
Low Interest Loan: Yes
Off Market: No
Green Certified: Yes
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