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Six-Unit Apartment Building with Balconies

3601 Jasmine Ave Los Angeles, CA 90034

3601 Jasmine Ave, Los Angeles, CA, 90034
$2,550,000
For Sale
$2,550,000

Built in 1984 with six one-bedroom units, cathedral ceilings, and private balconies in most layouts.

Days on Market52

Property Features for 3601 Jasmine Ave

General Information

Standard status
Active
Property subtype
Multifamily
Listing agency Encino Office
Listed by Sam Liberow · License #License(s): CA: 01933858, CA: 02031850
Source Marcusmillichap
Added: Jun 1 Updated: Jul 21 at 11:55AM Checked: Jul 21 at 11:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Encino Office


Investment Insights

Based on property information with market context.

Built in 1984, this six-unit apartment building offers one-bedroom residences with cathedral ceilings and private balconies in most layouts. The property is described as exempt from the strict Los Angeles Rent Stabilization Ordinance (RSO), and presents a value-add repositioning opportunity. Utility and service infrastructure includes being fully electric, separately metered, and featuring individual water heaters.

On-site parking totals 11 spaces, including 9 garage spaces and 2 surface spaces. The offering also includes a clear path to expansion through previously approved plans and permits to convert the alley garage into a brand-new one-bedroom ADU. The property is located in the Palms neighborhood.

Key Highlights

  • Built in 1984, 6‑unit property with all units described as large 1‑bedroom units
  • Most units feature cathedral ceilings and private balconies
  • Property is exempt from the strict Los Angeles Rent Stabilization Ordinance (RSO), per remarks

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Butcher Tanning Salon (Bike/Boat/Book/etc) Store Clothing & Fashion Store Grocery & Convenience Store Barber Shop (Bike/Boat/Book/etc) Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Built in 1984 with six one-bedroom units, cathedral ceilings, and private balconies in most layouts.
Where is this apartment building located?
The property is located at 3601 Jasmine Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: Built in 1984, 6‑unit property with all units described as large 1‑bedroom units; Most units feature cathedral ceilings and private balconies; Property is exempt from the strict Los Angeles Rent Stabilization Ordinance (RSO), per remarks
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