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$5,395,000
Est. payment /mo
6 Beds
7 Baths
0.34 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR24162285
Bedrooms 6
HOA Y/N No
Lot Size 0.344 Acres
Property Sub-Type Res Income 2-4 Units
Type of Financing Cash
Property Description
Price Just Reduced - 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.
Price Just Reduced - 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.
Price Just Reduced - 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 Los Angeles (90034)
Zoning Assessor
Exterior
Parking Features Unit1:Assigned
Building
Story 2
Level or Stories 2 Story
Others
Monthly Total Fees $213
Acceptable Financing Cash
Space Rent $1,656
Listing Terms Cash
CFD/Mello-Roos Fee $2, 566
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Listed by Warren Berzack • Lee & Associates
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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