RARE PALMS OPPORTUNITY! 2 buildings (3741 & 3745 Jasmine) totaling 14 units on a large 15,000 lot. Conveniently positioned in one of the best Palms locations, just a short distance to METRO, shopping, restaurants and High Tech Corporate offices. Built in 1953, this property (zoned LAR3) has rent upside potential and is a prime redevelopment opportunity. All 1 bedroom 1 bath units (~650sqft) in a gated community. Units have been well maintained. On-site laundry which can provide extra income. With a large lot and optimal unit mix, there's tremendous future upside potential in this unique opportunity for a creative investor. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and easy access to freeways. 10 parking spaces for tenants plus permit on street parking. 5 units are vacant and available for showing by appointment.
For sale
Listing Provided by:
Kevin Sullivan DRE #01736751 7147211006,
Compass,
Doug Digiore DRE #01319754,
Compass
$3,990,000
3741-3745 Jasmine Ave, Los Angeles, CA 90034
14beds
14baths
9,169sqft
Est.:
Mixed Use
Built in 1953
-- sqft lot
$3,931,600 Zestimate®
$435/sqft
$-- HOA
What's special
- 13 days
- on Zillow |
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