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3562 Jasmine Ave, Los Angeles, CA 90034
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3562 Jasmine Ave Los Angeles, CA 90034

$4,100,000 Sold Price as of 03/09/2023
  • 23 Beds
  • 22 Baths
  • 12,659 Sq.Ft.
Sold
$4,100,000 Sold Price as of 03/09/2023 Refinance Your Mortgage
Map preview of 3562 Jasmine Ave, Los Angeles, CA 90034

Property Overview: 3562 Jasmine Ave Los Angeles, CA has 23 bedrooms, 22 bathrooms, 12,659 living square feet and 14,850 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: 17-unit apartment building with soft story retrofit completed. Unit mix is 5 - 2+2, 1 - 2+1 and 11 - 1+1. Total building square footage is 12,659 situated on a 14,850 square foot lot. Located in the high demand area of Palms, adjacent to Culver City - one of the most desirable pockets in Los Angeles. The area is undergoing an enormous transformation with the construction of new apartment buildings as well as major entertainment companies such as Amazon, Apple and HBO. Close to the future Google campus. Minutes to Culver City's popular restaurants, bars, fitness centers and theaters. Close to the Expo Line and the 405 and 10 freeways. Trust Sale, no court confirmation required.

Listed by Nancy Sanborn | BRE #00771096 | Berkshire Hathaway HomeServices California
Co-listed by Brian Joy | BRE #01324371 | Berkshire Hathaway HomeServices California
Last checked: 3 minutes ago | Last updated: March 9th, 2023 | Source CRMLS | DOM: 17

Home details

Lot Sq. Ft
14,850
HOA Dues
$0/mo
Year built
1958
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
22222851
City
Los Angeles
County
Los Angeles
Time on Site
519 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 17
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Actual Rent: $7,405
  • Total Rent: $7,405
  • Pro Forma/Market Rent: $7,405
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,613
  • Total Rent: $1,613
  • Pro Forma/Market Rent: $1,613
Unit Breakdown 3
  • # of Units: 11
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $15,076
  • Total Rent: $15,076
  • Pro Forma/Market Rent: $15,076
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.69
  • Gross Scheduled Income: --
  • Net Operating Income: $232,116
  • Gross Operating Income: $293,429
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3562 Jasmine Ave

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 11
  • Has Parking
  • Parking Features: Parking Space
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 17
  • Parcel Number: 4313002011
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: South of Palms Blvd, West of Clarington Ave
View more facts & features

Local Los Angeles Agent

Sale History for 3562 Jasmine Ave

Last sold for $4,100,000 on March 9th, 2023

  • March, 2023

  • Mar 9, 2023

    Date

    Sold

    CRMLS: 22222851

    $4,100,000

    Price

  • Dec 6, 2022

    Date

    Active

    CRMLS: 22222851

    $4,250,000

    Price

Tax History for 3562 Jasmine Ave

Assessed Value (2020): $226,328
Year Land Value Improved Value Assessed Value
2020 $75,522 $150,806 $226,328

Home Value Compared to the Market

This property vs the competition

3562 Jasmine Ave sold on March 9, 2023 for 257.14% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $335.73 per/sqft which puts the price per square foot 55.53% lower than the current median sale per square foot for the city of Los Angeles.

About 3562 Jasmine Ave

Detailed summary of property

3562 Jasmine Ave is a multi family that recently sold in Los Angeles, CA 90034. This multi family property offered 23 bedrooms, 22 bathrooms, roughly 12,659 living square feet, and sits on an approximately 14,850 square foot lot. 3562 Jasmine Ave was first listed on ArdentRealEstateGroup.com on December 6, 2022. The homeowner sold the property for $4,100,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 257.14% higher than the current median priced home. Local homes that are currently for sale include 12028 Venice Blvd, 1833 Benecia Ave and 10786 Missouri Ave. While the average home in Los Angeles, CA is selling in 94 days, 3562 Jasmine Ave has a days on market of 17 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3562 Jasmine Ave Los Angeles, CA 90034 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 3562 Jasmine Ave

Public county record property details
Beds
8
Baths
11
Year built
1958
Sq. Ft.
6,722
Lot Size
7,424
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
11
APN
4313-002-011

The source for these homes facts are from public records.

90034 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,999,000
Median List Price/Sq.Ft.
$932
Median Sold Price
$2,079,000
Median Sold Price/Sq.Ft.
$899
Total Inventory
43
Median Sale to List Price %
100%
Avg Days on Market
27
Loan Type
Conventional (0%), FHA (0%), VA (5.88%), Cash (5.88%), Other (11.76%)

Thinking of Selling?

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Recently Sold Homes Near 3562 Jasmine Ave

3557 Jasmine Ave, Los Angeles, CA 90034
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3541 Jasmine Ave, Los Angeles, CA 90034
$2,975,000 Last Sold Price
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3570 Jasmine Ave, Los Angeles, CA 90034
$4,100,000 Last Sold Price
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3508 Jasmine Ave, Los Angeles, CA 90034
$2,425,000 Last Sold Price
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3508 Jasmine Ave
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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