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Listed by Warren Berzack • Warren Lee Berzack
$ 5,095,000
Est. payment | /mo
15,166 SqFt
$ 5,095,000
Est. payment | /mo
15,166 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 15,166 sqft
Price per Sqft $335
MLS Listing ID CRSR25197535
HOA Y/N No
Year Built 1960
Lot Size 0.344 Acres
Property Sub-Type Other
Source Datashare California Regional
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 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
Interior
Fireplace No
Laundry Other
Building
Lot Description Corner Lot
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Vander Meulen Real Estate Group
Broker, REALTOR® | Lic# 00842213 | Lic# 02150745