3525 Jasmine Avenue Active

Los Angeles,CA 90034

$ 5495000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR24162285

HOA Y/N No

Lot Size 0.345 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

The Jasmine Apartments are a well maintained rent controlled property located in the City of Los Angeles right on the border of Culver City. This property presents an astute investor a reposition opportunity as there is approximately 28% upside in rents. Additionally, there is a garage that can potentially be converted into an ADU. With ample parking, a great unit mix, and tremendous upside, this property presents an excellent opportunity. Soft-story retrofit requirement has been completed.
The Jasmine Apartments are a well maintained rent controlled property located in the City of Los Angeles right on the border of Culver City. This property presents an astute investor a reposition opportunity as there is approximately 28% upside in rents. Additionally, there is a garage that can potentially be converted into an ADU. With ample parking, a great unit mix, and tremendous upside, this property presents an excellent opportunity. Soft-story retrofit requirement has been completed.

Location

State CA

County Los Angeles

Area Los Angeles (90034)

Zoning Assessor

Exterior

Parking Features Unit1:Assigned

Building

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $213

Acceptable Financing Cash

Listing Terms Cash

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