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$5,495,000
Est. payment /mo
0.34 Acres Lot
UPDATED:
10/10/2024 10:37 PM
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24162285
HOA Y/N No
Year Built 1960
Lot Size 0.344 Acres
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.
Location
State CA
County Los Angeles
Area C13 - Palms - Mar Vista
Zoning LAR3
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Assigned
Garage Spaces 1.0
Carport Spaces 18
Garage Description 1.0
Pool None
Community Features Street Lights, Urban
Total Parking Spaces 27
Private Pool No
Building
Lot Description Landscaped
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4314014006
Energy Description 2129.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Listed by Warren Berzack • Lee & Associates • 818-269-2979