3601 Jasmine Avenue
Property Overview
Situated in the high-demand, renter-dominated Palms neighborhood near Culver City and Silicon Beach, this 1984-built multifamily asset offers an exceptional investment opportunity backed by strong local demographics, including an average household income exceeding $135,000 and a highly educated resident base. Most importantly, the building is exempt from the Los Angeles Rent Stabilization Ordinance (RSO), granting ownership significant operational flexibility to capture market-rate rents, execute strategic renovations, and maximize income. The property features an ideal unit mix comprised of spacious one-bedroom layouts - many accented by dramatic cathedral ceilings and private balconies - alongside efficient studio units. Designed to appeal directly to young professionals and tech workers, the asset is fully supported by strong operational infrastructure, including separately metered electricity, individual water heaters, and ample on-site parking with nine total spaces.
Home Details
- Property type
- Residential Income
- Year built
- 1984
- Living area
- 5,352 sq ft
- Lot size
- 7,447 sq ft
- Parking
- 9 spaces
- Days on market
- 0
- MLS status
- Active
- Zoning
- LAR3
Features & Amenities
Parking
- Concrete
- Covered
Community, Schools & Utilities
Utilities
- Heating
- None
- Cooling
- WallWindowUnits
Location & Neighborhood
Frequently Asked Questions About 3601 Jasmine Avenue
Property type: Residential Income
What clients say
“Reza was the best agent we have ever worked with.”Russell & Susan McQueen
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