$5,495,000
3525 Jasmine Avenue
Los Angeles, CA, 90034
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.
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
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
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Courtesy of Lee & Associates. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
3525 Jasmine Avenue
Los Angeles, CA
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