Scott Rosenberg and the RCRE Team at RE/MAX Estate Properties are proud to present the "JASMINE 6"!
"JASMINE 6" is located at 3532 Jasmine Avenue, Los Angeles, CA 90034, Just North of Venice Boulevard and east of Overland Ave in the West LA community of Palms. This rental pocket is sought after for its proximity to downtown Culver City's restaurants and entertainment, meanwhile being an easy commute to Century City, Silicon Beach, Santa Monica, Beverly Hills, UCLA and USC.
"JASMINE 6" consists of three (3 bedroom + den, 1.5 bath) town-house style units, two (2 bedroom, 1.5 bath) town-house style units and one (2 bedroom, 1.75 bath) unit, comprising 7,009 square feet, per assessor. This property is situated on a 7,425 SF lot with alley access, that is zoned LAR3.
"JASMINE 6,” with a unit mix that predominantly features spacious town-house style units with fireplaces, private courtyards, several upgraded kitchens, alley access to parking, and individual entrances off a gated courtyard, incorporates the "best in class" set of features sought after by high-quality tenants seeking a home like environment.
"JASMINE 6" presents savvy investors with an opportunity to purchase an exceptionally well maintained property, with excellent upside potential and current yields, in a transit adjacent location that is virtually impervious to economic downside. With recent sales defending 3.5% CAP rates and $400+/ SF pricing, paired with a limited supply of meaningful current available properties, this asset presents a unique and compelling value!
BOTTOM LINE: Opportunity Knocks! Contact the Listing Team ASAP for more information!
