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3031 Potomac Avenue
Los Angeles, CA 90016
Sold
3031 Potomac Avenue
Los Angeles, CA 90016
Sold
This property is a rare income opportunity! Welcome to a private oasis nestled in the heart of West Adams - this 1920s reimagined Spanish bungalow has been meticulously remodeled from top to bottom and offers a quintessential California living experience. As you approach the property, you are greeted by the front yard, enclosed by towering 8ft. tall hedges, providing extra privacy. The landscape design, boasting olive trees, jasmine, and agave plants, creates a serene yardscape that invites you to relax and unwind at the end of the day. Stepping through the front door, you are welcomed into a sun-soaked open-concept living room, dining area, and kitchen - a seamless blend of style and functionality that sets the stage for effortless entertaining. The craftsmanship is evident in the custom dark chocolate Jeld-Wen windows, which complement the custom white and dark oak cabinets, top-of-the-line Bertazzoni appliances, and exquisite Calacatta Viola marble countertops. The laundry room off the kitchen includes a brand-new Samsung washer and dryer. The hallway leads to two ample-sized bedrooms, each offering a cozy retreat and a hall bath adorned with marble counters, a curbless shower, custom vanities, and Italian porcelain tiles. The stunning primary bedroom adorned with designer sconces, features a spacious custom walnut-cabinetry walk-in closet. The en-suite bathroom showcases dual vanity plus marble counters, a large curbless shower, custom white oak cabinets, and Italian porcelain tiles, creating a luxurious sanctuary. Venture to the back of the property, and you'll discover a brand-new detached three-bedroom, one-bath ADU. This modern addition promises versatile living options. The ADU's open-concept living, dining, and kitchen area boasts the same beautiful Jeld-Wen windows, custom white oak cabinets, and elegant quartz countertops, with top-tier Kitchenaid appliances. Upgrades include new electrical + panel, new plumbing, new HVAC system, new sump pump, new tankless water heater, new insulation and drywall, newly poured driveway with turf inserts, new drip lines throughout the property, and new fencing. The possibilities are endless here. Live in one and rent out the other to offset your mortgage payment or perhaps make this your first income property and enjoy the benefit of two extra rental incomes! The main house has 3 beds and 2 baths measuring 1,513 SQ FT, the ADU with its own address has 3 beds/1 bath and measures 856 SQ FT. Super central location with close proximity to Culver City, DTLA, USC Village, the Expo and Crenshaw metro lines, and of course all the many hotspots in West Adams & Jefferson Park such as Highly Likely, Party Beer Co., Johnny Pastrami, Alta, Mizlala, Vicky's All Day, Delicious Pizza and more. Welcome Home!
PROPERTY INFORMATION
| MLS # | 23297151 | Lot Size | 5,200 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Single Family Residence |
| Price | $ 1,499,000
Price Per SqFt: $ 633 |
DOM | 639 Days |
| Address | 3031 Potomac Avenue | Type | Residential |
| City | Los Angeles | Sq.Ft. | 2,369 Sq. Ft. |
| Postal Code | 90016 | Garage | N/A |
| County | Los Angeles | Year Built | 1925 |
| Bed / Bath | 6 / 3 | Parking | 2 |
| Built In | 1925 | Status | Closed |
| Sold Date | 2024-03-22 |
INTERIOR FEATURES
| Has Laundry | Yes |
| Laundry Information | Washer Included, Dryer Included, Individual Room |
| Has Fireplace | No |
| Fireplace Information | None |
| Has Appliances | Yes |
| Kitchen Appliances | Dishwasher, Disposal, Refrigerator |
| Has Heating | Yes |
| Heating Information | Central |
| Room Information | Living Room, Walk-In Closet, Primary Bathroom, Guest/Maid's Quarters |
| Has Cooling | Yes |
| Cooling Information | Central Air |
| Flooring Information | Tile |
| Has Spa | No |
| SpaDescription | None |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,599
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 11/01/2023 | Relisted | $1,699,000 |
| 08/03/2023 | Listed | $1,699,000 |
Topfind Realty
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(844)-333-8033
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Listing provided courtesy of Silke Fernald, ACME Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
