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Listed by Warren Berzack • Lee & Associates
$ 5,495,000
Est. payment | /mo
15,166 SqFt
$ 5,495,000
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 $362
MLS Listing ID CRSR24162285
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1960
Lot Size 0.345 Acres
Property Sub-Type Other
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 Other
Water Public
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Melanie Peterson-Katz
Partner | Lic# 00890767