3601 Jasmine Avenue, Los Angeles, CA 90034
Local realty services provided by:CENTURY 21 Classic Estates
3601 Jasmine Avenue,Los Angeles, CA 90034
$2,995,000
- 7 Beds
- 10 Baths
- 5,352 sq. ft.
- Multi-family
- Active
Listed by: saadia 'sam' liberow
Office: marcus & millichap818-212-2700
MLS#:26104674
Source:CRMLS
Price summary
- Price:$2,995,000
- Price per sq. ft.:$559.6
About this home
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. Please note the property is currently nine (9) units and the tenth unit, a fully legal and permitted ADU, is currently under construction....
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Home facts
- Year built:1984
- Listing ID #:26104674
- Added:4 day(s) ago
- Updated:October 31, 2026 at 12:45 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:10
- Living area:5,352 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
Structure and exterior
- Year built:1984
- Building area:5,352 sq. ft.
- Lot area:0.17 Acres
- Levels:2 Story
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$559.6
Parking
- Total parking spaces:9
- Parking description:Concrete, Covered
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