Los Angeles, CA 90034,3741 -3745 Jasmine AVE
Los Angeles, CA 90034,3741 -3745 Jasmine AVE
Los Angeles, CA 90034,3741 -3745 Jasmine AVE
11
$3,000,000
$3,600,000
16.7%
Est.Price: ?

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0.34 Acres Lot

3741 -3745 Jasmine AVE Los Angeles, CA 90034

Est. payment /mo
SOLD DATE : 11/07/2025

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Key Details

Sold Price $3,000,000

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC25166083

Sold Date 11/07/25

HOA Y/N No

Year Built 1953

Lot Size 0.344 Acres

Property Sub-Type Mixed Use

Property Description

RARE PALMS OPPORTUNITY! 2 buildings (3741 & 3745 Jasmine) totaling 14 units on a large 15,000 lot. Conveniently positioned in one of the best Palms locations, just a short distance to METRO, shopping, restaurants and High Tech Corporate offices. Built in 1953, this property (zoned LAR3) has rent upside potential and is a prime redevelopment opportunity. All 1 bedroom 1 bath units (~650sqft) in a gated community. Units have been well maintained. On-site laundry which can provide extra income. With a large lot and optimal unit mix, there's tremendous future upside potential in this unique opportunity for a creative investor. The area captures the essence of urban living providing tenants access to West LA, Downtown Culver City and easy access to freeways. 10 parking spaces for tenants plus permit on street parking. 6 units are vacant and available for showing by appointment.

Location

State CA

County Los Angeles

Area C28 - Culver City

Zoning LAR3

Interior

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Parking Features Garage Faces Rear

Garage Spaces 10.0

Garage Description 10.0

Pool None

Community Features Sidewalks, Gated

Total Parking Spaces 11

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4314005031

Security Features Gated Community

Energy Description 291.0

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Submit

Financing Cash

Special Listing Condition Standard

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CRMLS – RECore
Listed by Kevin Sullivan Compass 7147211006
Bought with Chase Simonton RE/MAX One

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Derek Johnson

Derek Johnson

Agent | License ID: 02051308

+1(310) 424-8883

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