
3525 Jasmine Ave Los Angeles, CA 90034
Palms NeighborhoodEstimated payment $32,641/month
Highlights
- 0.34 Acre Lot
- 4-minute walk to Palms
- Community Pool
- Corner Lot
- No HOA
- 3-minute walk to Woodbine Park
About This Home
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.
Listing Agent
Warren Lee Berzack Brokerage Phone: 818-269-2979 License #01329015 Listed on: 09/02/2025

Property Details
Home Type
- Multi-Family
Year Built
- Built in 1960
Lot Details
- 0.34 Acre Lot
- Two or More Common Walls
- Corner Lot
Parking
- 8 Open Parking Spaces
- 1 Car Garage
- 17 Carport Spaces
- Parking Available
- Assigned Parking
Home Design
- Apartment
Interior Spaces
- 15,166 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 7 Bathrooms
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Legal Lot and Block 5 / T
- Tax Tract Number 1
- Assessor Parcel Number 4314014006
Community Details
Overview
- No Home Owners Association
- 20 Units
Amenities
- Laundry Facilities
Recreation
- Community Pool
Building Details
- Rent Control
- 21 Separate Electric Meters
- 21 Separate Gas Meters
- 1 Separate Water Meter
- Operating Expense $160,084
- Gross Income $442,813
- Net Operating Income $269,445
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/02/2025 09/02/25 | For Sale | $5,095,000 | -- | $336 / Sq Ft |
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Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25197535

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