Open House Sun, Dec 3rd 2:00 PM - 4:00 PM
Listed By:
Silke Fernald with ACME Real Estate;
3031 Potomac Avenue, Los Angeles, CA
$ 1,699,000
Property Attributes
  • MLS#23297151
  • TypeSingle Family
  • CityLos Angeles
  • AreaMid Los Angeles
  • Zip90016
  • StyleSpanish
  • Price$ 1,699,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2369
  • Lot Size5,201 SqFt
Data Source:
California Regional MLS (CRMLS)
Property Description

Back on market, buyer was not able to obtain financing. 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 yard scape 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!

Price History
8/3/2023 Listed $1,699,000

General Features

Additional Parcels Y/N No
Appliances Dishwasher, Disposal, Refrigerator, Dryer, Washer
Architectural Style Spanish
Association Y/N No
Attached Garage No
Carport Y/N No
City Los Angeles
Cooling CentralAir
County Los Angeles
Days on Market 86
Directions La Brea to Jefferson to Potomac
Disclosures ListingBrokerAdvantage
Garage Y/N No
Heating Central
Home Warranty Y/N No
Interior Features WalkInClosets
Land Lease Y/N No
Lease Considered Y/N No
Lease Renewal Y/N No
Levels One
Lot Size Square Feet 5200.0
MLS Area C16 - Mid Los Angeles
Mobilehomeremainsyn No
New Construction No
Pool Features None
Private Pool No
Property Attached Y/N No
Property Sub Type Additional SingleFamilyResidence
Property SubType SingleFamilyResidence
Property Type Residential
Rent Control Y/N No
Senior Community Y/N No
Spa Features None
Special Listing Conditions Standard
Standard Status Active
Status Active
Stories 1
Street Name Potomac
View None
View Y/N No
Waterfront Y/N No
Year Built 1925
Zoning LAR1

Interior Features

Air Conditioning Y/N Yes
Basement (Y/N) No
Common Walls NoCommonWalls
Electric On Property Y/N No
Fireplace Features None
Fireplace Y/N No
Flooring Tile
Full Baths 3
Furnished Y/N Unfurnished
Heating Y/N Yes
Laundry Features LaundryRoom
Street Suffix Avenue
Total Baths 3
Total Bedrooms 6
Total Stories 1

Exterior Features

Living Area 2369.0
Building Area Total 2369.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No
Lot Dimensions 40x130
Lot Size Acres 0.1194
Lot Size Area 5200.0
Lot Size Units SquareFeet
Open Parking Y/N No
Parking Features Driveway
Spa No
Total Parking 2.0


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 90016

AVG $1.25M
AVG 93
Data Provided by Inside Real Estate®
Year Built
AVG 1939
AVG 74
Data Provided by Walkscore® not using MLS data