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.
Property Details
Property Features
Property Information:
Year Built: 1960
Stories: 2
Listing Office:
Office Name: Lee & Associates
Office Phone: (818) 269-2979
Listing Agent: Warren Berzack
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Garage Space: 1 space
Parking: Assigned
Lot Features
Lot Information:
Lot: Landscaped
Lot Size: 0.34 Acres
Other
Directions Information:
Directions: East of the 405. South of the 10. Venice Blvd, North on Jasmine
Price Information
Listing Price Info
Price Summary:
List Price: $5,495,000
Tax Information:
Annual Amount: $21,026
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $4.4M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #SR24162285
Listing Office:
Office Name: Lee & Associates
Office Phone: (818) 269-2979
Listing Agent: Warren Berzack
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 8:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$21,026
$1,582,130
2020
$20,447
$1,563,692
2019
$20,150
$1,533,032
2018
$19,673
$1,502,974
2017
$19,673
$1,473,504
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Palms Elementary
3520 Motor Ave
Distance between this listing and this school0.11 miles
Public District Grades KG-5
6
/10
Linwood E. Howe Elementary School
4100 Irving Pl
Distance between this listing and this school0.86 miles
Public District Grades KG-5
8
/10
Castle Heights Elementary School
9755 Cattaraugus Ave
Distance between this listing and this school0.89 miles
Public District Grades KG-5
Nearby Schools
9
/10
Magnolia Science Academy 6
3754 Dunn Dr
Distance between this listing and this school0.40 miles
Public Charter Grades 6-8
6
/10
Palms Middle School
10860 Woodbine St
Distance between this listing and this school0.64 miles
Public District Grades 6-8
6
/10
Culver City Middle School
4601 Elenda St
Distance between this listing and this school1.46 miles
Public District Grades 6-8
Nearby Schools
3
/10
Cheviot Hills Continuation
9200 Cattaraugus Ave
Distance between this listing and this school0.97 miles
Public District Grades 9-12
7
/10
Alexander Hamilton High School
2955 S Robertson Blvd
Distance between this listing and this school1.02 miles
Public District Grades 9-12
8
/10
Culver City High School
4401 Elenda St
Distance between this listing and this school1.43 miles
The neighbors living near this home have an average income of $51,519. Most Los Angeles, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3525 Jasmine Ave
What is the listing price of this property?
The listing price of 3525 Jasmine Ave property is $5,495,000.
What type of property is this?
The property 3525 Jasmine Ave is a condo located in Los Angeles, California, 90034.
Is this property for sale now?
Active Listing: 3525 Jasmine Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $21,026 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 3525 Jasmine Ave is 1960.
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This home is located at 3525 Jasmine Ave in Los Angeles, CA and zip code 90034 in the Palms neighborhood. This home, which was built in 1960, sits on a 0.34 acre lot. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $5,495,000.
In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. In November 2024 in Los Angeles, CA there were 0.6% less homes for sale than in October 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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