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.
Property Details
Price:
$5,495,000
MLS #:
SR24162285
Status:
Active
Baths:
0
Address:
3525 Jasmine Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
c13palmsmarvista
City:
Los Angeles
Listed Date:
Aug 5, 2024
State:
CA
ZIP:
90034
Lot Size:
15,007 sqft / 0.34 acres (approx)
Year Built:
1960
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Schools
Interior
Exterior
Community Features
Street Lights, Urban
Garage Spaces
1.00
Lot Features
Landscaped
Parking Features
Assigned
Parking Spots
27.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Map
Community
- Address3525 Jasmine Avenue Los Angeles CA
- AreaC13 – Palms – Mar Vista
- CityLos Angeles
- CountyLos Angeles
- Zip Code90034
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3525 Jasmine Avenue
Los Angeles, CA
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