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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. 5 units are vacant and available for showing by appointment.
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Listing Snapshot
Price
$3,990,000
Days On Site
34 Days
Bedrooms
N/A
Inside Area (SqFt)
9,169 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.3445 Acres
Year Built
1953
MLS® Number
OC25166083
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
a month ago
Listing first seen on site
a month ago
Listing updated with changes from the MLS®
General Features
Acres
0.3445
Garage
Yes
Garage Spaces
10
Number Of Stories
2
Parking
Garage Faces Rear
Parking Spaces
11
Property Sub Type
Mixed Use
Security
Gated Community
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
9169
Stories
Two
Water Source
Public
Zoning
LAR3
Interior Features
Fireplace Features
None
Heating
Wall Furnace
Laundry Features
Common Area
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Exterior Features
Pool Features
None
Community Features
Building Access
1
Community Features
SidewalksGated
Financing Terms Available
CashConventionalSubmit1031 Exchange
MLS Area
C28 - Culver City
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.