3525 Jasmine Avenue

15,002 sq. ft.

Offered at: $5,095,000

Year Built: 1960

Region: C28 - Culver City

MLS#: SR25197535

Status: Active

Property Description

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 22% 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.