11
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Listed by Kevin Sullivan • Compass
$3,990,000
Est. payment /mo
0.34 Acres Lot
Active
3741 -3745 Jasmine AVE Los Angeles, CA 90034
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25166083
Year Built 1953
Lot Size 0.344 Acres
Source California Regional MLS
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
Area C28 - Culver City
Interior
Heating Wall Furnace
Cooling None
Laundry Community Facility
Exterior
Parking Features Garage
Garage Spaces 11.0
Pool None
Building
Water District - Public
Others
Tax ID 4314005031
Special Listing Condition Not Applicable
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