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$ 5,495,000
Est. payment | /mo
0.34 Acres Lot
$ 5,495,000
Est. payment | /mo
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.
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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Listed by Warren Berzack • Lee & Associates
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Julie Houston
Agent & Team Lead | License ID: 01248182