3741 Jasmine Avenue Active

Los Angeles,CA 90034

$ 3990000

- Bed

- Bath

9169 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 9,169 sqft

Price per Sqft $435

MLS Listing ID CROC25166083

HOA Y/N No

Year Built 1953

Lot Size 0.344 Acres

Property Sub-Type Other

Source Datashare California Regional

Property Description

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.

Location

State CA

County Los Angeles

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Laundry Common Area

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