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3525 Jasmine Avenue, Los Angeles, CA 90034
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3525 Jasmine Avenue
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  • MLS#: SR24162285 ( Apartment )
  • Street Address: 3525 Jasmine Avenue
  • Viewed: 2
  • Price: $5,495,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1960
  • Bldg sqft: 0
  • Days On Market: 102
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90034
  • Provided by: Lee & Associates
  • Contact: Warren Warren
  • California Regional MLS IDX
  • DMCA Notice
  • 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 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.
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Features
Building Area Total
  1. 15166.00
Cable Tv Expense
  1. 0.00
Carport Spaces
  1. 18.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Days On Market
  1. 69
Electric Expense
  1. 4000.00
Fuel Expense
  1. 2129.00
Furniture Replacement Expense
  1. 0.00
Garage Spaces
  1. 1.00
Gardner Expense
  1. 3167.00
Insurance Expense
  1. 10893.00
Laundry Features
  1. Common Area
Levels
  1. Two
Lot Features
  1. Landscaped
Netoperatingincome
  1. 260872.00
Newtaxesexpense
  1. 68688.00
Number Of Separate Electric Meters
  1. 21
Number Of Separate Gas Meters
  1. 21
Otherexpense
  1. 2000.00
Otherexpensedescription
  1. Misc
Parcel Number
  1. 4314014006
Parking Features
  1. Assigned
Pest Control Expense
  1. 861.00
Pool Expense
  1. 2070.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 12000.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 420499661:CRM
Suppliesexpense
  1. 0.00
Totalexpenses
  1. 151799.00
Trash Expense
  1. 7109.00
Uncovered Spaces
  1. 8.00
Vacancyallowance
  1. 12763
Water Sewer Expense
  1. 14000.00
Water Source
  1. Public
Workmanscompensationexpense
  1. 0.00
Year Built
  1. 1960
Year Built Source
  1. Assessor
Zoning
  1. LAR3