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Listed by Kevin Sullivan • Compass
$3,990,000
Est. payment /mo
9,169 SqFt
UPDATED:
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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Deeana Owens
Broker | Owner | CA BRE#CA: 02015510, GA: 295613
Broker | Owner CA BRE#CA: 02015510, GA: 295613