Los Angeles, CA 90034,3525 Jasmine Avenue
Los Angeles, CA 90034,3525 Jasmine Avenue
Los Angeles, CA 90034,3525 Jasmine Avenue
Los Angeles, CA 90034,3525 Jasmine Avenue
Los Angeles, CA 90034,3525 Jasmine Avenue
Los Angeles, CA 90034,3525 Jasmine Avenue
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$ 5,495,000
Est. payment | /mo

0.34 Acres Lot


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$ 5,495,000
Est. payment | /mo
Save

0.34 Acres Lot

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

San Diego Regional MLS (SDMLS)
Listed by Warren Berzack • Lee & Associates

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agent
Julie Houston

Agent & Team Lead | License ID: 01248182

+1(760) 822-3339

5796 Armada Dr STE 250, Carlsbad, California, 92008, USA

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3525 Jasmine Avenue