3525 Jasmine Avenue

Los Angeles, CA 90034

PRICE INCREASE

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+$300,000 (+5.46%)

$5,795,000

List Price

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1960

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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.

Listing Information

List Price $5,795,000
Status Active
MLS SR24162285
Type Residential Income
Subtype Apartment
Year Built 1960
Lot Size 15,007
Structure Size N/A
DOM 10
Courtesy Of Lee & Associates
Listing Agent Warren Berzack DRE#01329015

Interior Features

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Maps

Listing information courtesy of: Warren Berzack, Lee & Associates . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 16th, 2024 at 1:39 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.