3542 Potomac Avenue, Los Angeles, California 90016, Los Angeles, 90016 - 3 bed, 3 bath
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Los Angeles, California 90016
This Turnkey Designer Residence is a Strong Value Opportunity, listed at $1,479,000—positioned well below the $1,630,567 Fair Market Value by 9%. This valuation gap provides $151,567 in Instant Equity, supported by recent comparable sales exceeding $1.6M. Boasting an Excellent Condition Rating, the home features vaulted ceilings, a designer kitchen with quartz surfaces, and a versatile 400-square-foot finished garage. Located within the Los Angeles Unified district with a private patio and neighborhood views, this property balances luxury with financial upside. It is ideal for Owner-Occupants or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3542 Potomac Avenue Subject | $1,479,000* List Price | 3 | 3 | 2,324 | $702 | - |
A 3734 Wellington Road Sold | $1,591,000 | 4 | 2 | 1,983 | $802 | 0.4 mi |
B 2917 Hillcrest Drive Sold | $1,602,000 | 4 | 3 | 2,262 | $708 | 0.5 mi |
C 2800 Hillcrest Drive Sold | $1,370,000 | 3 | 2 | 1,736 | $789 | 0.6 mi |
D 2640 Vineyard Avenue Sold | $1,139,000 | 4 | 3 | 1,828 | $623 | 0.6 mi |
E 3715 Hillcrest Drive Active | $1,899,900 List Price | 4 | 4 | 2,314 | $821 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property has undergone a comprehensive, high-end renovation within the last year, effectively bringing it to like-new condition. The interior features modern vaulted ceilings, wide-plank flooring, and a designer kitchen with custom cabinetry, quartz surfaces, and stainless steel appliances. All major systems, including HVAC, electrical, plumbing, roof, and windows, have been replaced, and the bathrooms are fully updated with contemporary fixtures and finishes. The finished detached garage adds further value as a modern versatile space.
The property has undergone an extensive top-to-bottom renovation including new HVAC, plumbing, electrical, roof, and windows, providing a truly move-in-ready experience with minimized future maintenance costs.
The 400-square-foot finished garage, complete with drywall, electrical, and a sliding glass door, offers exceptional flexibility as a high-end home office, fitness studio, or potential ADU conversion.
The main residence features vaulted ceilings and an open-concept floor plan that maximizes natural light and creates a sense of spaciousness rarely found in homes of this era.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6291, other record lot size in square feet = 6237. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2324, other record living area = 1012.
The property was recently sold within the past year on 2025-06-03. The sold price is $893,500.00.
As the detached garage has been repurposed into a finished bonus space with a sliding glass door, the property lacks a traditional enclosed area for vehicle storage.
Welcome to 3542 Potomac Avenue, a beautifully renovated home on a quiet street in Mid City Los Angeles. This 3 bedroom, 3 bathroom residence offers a spacious main house along with a finished detached garage, both thoughtfully updated with modern finishes and a functional open floor plan. Inside, the home features vaulted ceilings, recessed lighting, a built in speaker system, and a bright, open layout designed for everyday living and entertaining. The updated kitchen includes custom cabinetry, quartz countertops and backsplash, stainless steel appliances, and a large center island, opening seamlessly to the living and dining areas with direct access to the outdoor space. The primary suite features vaulted ceilings, a walk in closet, and a brand new bathroom with a freestanding tub, walk in shower, and double vanity. The two additional bedrooms each include closets and access to updated bathrooms with modern finishes, one with a bathtub and the other with a walk in shower. Outdoor spaces include landscaped front and back yards with grass and room for outdoor use. The property is enclosed with a combination of brick walls and wood fencing and includes a gated entry and concrete driveway. The detached garage has been improved with drywall, electrical, lighting, and a sliding glass door, offering flexible use as a garage, workspace, office, gym, or bonus space. Additional improvements include updated electrical, plumbing, HVAC, flooring, tankless water heater, stucco, roof, windows, doors, lighting, and landscaping. Conveniently located near shopping, dining, parks, and public transportation, this home offers easy access to multiple parts of the city. Total living space includes the main house and a finished detached garage, with the main house approximately 1,924 square feet and the garage approximately 400 square feet. The home has passed final inspection, and the Certificate of Occupancy is in place. Welcome home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 78% |
| Square foot | 2,324 | 1,427 | 91% |
| Lot Size | 6,291 | 5,362.5 | 67% |
| Price | $1.48M | $1.05M | 85% |
| Price per sq ft | $636 | $745 | 35% |
| Built year | 1944 | 1927 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 188 | 2% |
Mar 22, 2026
$1,479,000
Initial Listing
Jun 3, 2025
$893,500
Public Record