3855 Jasmine Ave Culver City, CA 90232

Property Details for 3855 Jasmine Ave

Year built

1977

Construction

TILT-UP CONCRETE

Lot size

0.11 lot acres

Property size

750 SF

Zone code

LAC2

Property type

Auto shops

APN

4208-004-012

APU

4208004012

Description

This exceptional Culver City property at 3855 Jasmine Ave presents a unique investment opportunity, ideal for owner-users or developers. The 7,500 square foot lot (APN 4208-004-012 & 013) is zoned LAC2 and boasts approximately 750 square feet of existing improvements. Currently occupied by a tenant on a month-to-month lease with a 60-day move-out notice, this presents immediate owner-user potential or the chance to reposition the property for a new tenant. The property benefits from excellent signage potential and is conveniently located within walking distance of numerous area amenities. Its strategic location provides direct access to the I-10 and I-405 freeways, ensuring easy commutes and accessibility. The strong area demographics further enhance the investment appeal. This property offers a rare opportunity, having been on the market for the first time in over 40 years. A Phase I Environmental Report has already been completed, streamlining the due diligence process for prospective buyers. Offered at $2,250,000, this is a compelling investment in a thriving Culver City location. The property's versatility and prime location make it an attractive proposition for a wide range of uses.

Location Insight

City

Culver City

County

Los Angeles

State

California

Longitude

-118.401

Latitude

34.0204

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments