3640 Jasmine Avenue

Los Angeles, CA 90034

$2,168,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $551 / sqft

1967

calendar_month Built

Property Description

3640 Palms is a prime investment opportunity in the high sough neighborhood. This multifamily property is built in 1967, totaling 3,930 square feet on a spacious 5,474 square foot lot, zoned LAR3. There are three 1 bedroom, one studio, and one 2 bedrooms unit with a den and 2 baths that can be converted to a 3 bedroom unit. The property has separated gas and electric meter, as well as an onsite laundry facility for additional income. Each unit is adorned hard wood floor, gas stoves, balconies or patio, two units has fireplace. This pride property has low water landscaping and has 6 open parking spaces with a safe security gate. Earthquake soft story was completed in 2021. This property presents a significant opportunity for investors with an estimate of 30% upside in gross rental income. It is conveniently located in proximity to the beach communities of Culver City, Santa Monica, and the new Expo line station and the 405 and 10 freeways.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 3640 Jasmine Avenue
City Los Angeles
State CA
Zip 90034
County Los Angeles
Listing Agent Alan Tran DRE#01042743
Co-Listing Agent Tiffany Vu DRE#02038278
Courtesy Of KW Executive
MLS AR23217476
List Price $2,168,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 5,474
Year Built 1967
DOM 85

Exterior Information

Maps

Listing information courtesy of: Alan Tran, Tiffany Vu, KW Executive . *Based on information from the Association of REALTORS/Multiple Listing as of Mar 21st, 2024 at 3:33 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.