3541 Jasmine Avenue Los Angeles, CA
$ 3,250,000
Property Attributes
  • MLS#20621894
  • TypePending
  • CityLos Angeles
  • AreaPalms - Mar Vista
  • Zip90034
  • StyleTraditional
  • Price$ 3,250,000
  • Bedrooms9
  • Full Bathrooms9
  • Half Bathrooms0
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Barry Kinyon with Sotheby's International Realty.
Data Source:
Property Description

Dont miss out on this great opportunity for a prime nine unit apartment building in a highly desirable area of the Palms neighborhood of Los Angeles, with upside in rents! Well maintained, pride of ownership building with many upgraded units; some with hardwood floors, Caesar stone and/or granite countertops, and much more! High Walk-Score neighborhood (88), and good access to transit (4 blocks from the Metro E Line Palms Station and easy access to the 10 and 405 freeway on ramps. Current GRM at 16.5, and CAP at 4.18% at actual income and actual expenses with adjustments for the new tax rate. Potential for 5.02% CAP with units at market rent.

Price History
8/24/2020 Listed $3,500,000
12/16/2020 6% - $3,300,000
1/29/2021 2% - $3,250,000

General Features

Architectural Style Traditional
Cooling None
Heating None
MLS Area C13 - Palms - Mar Vista
Parking Features Driveway
Pool Features None
Property Type Residential Income
PropertyCondition Updated/Remodeled
Sewer Other
Spa Features None
Total Actual Rent 209486
Total Units 9
View None
Zoning LAR3

Interior Features

Fireplace Features None

Exterior Features

Lot Dimensions 50x150
Lot Size Acres 0.17
Lot Size Area 7500
Lot Size Square Feet 7500
Lot Size Units Square Feet
Number of Buildings 1


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90034

AVG $1.81M
AVG 35
Year Built
AVG 1960
AVG 79
Data Provided by Walkscore ® not using MLS data

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