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3851-3855 Jasmine Ave 750 SF Retail Building Culver City, CA 90232 $1,975,000 ($2,633.33/SF)
Investment Highlights
- Existing tenant on a month-to-month lease (60-day move out).
- Direct access to the I-10 and I-405 Freeways.
- Great owner-user / development opportunity.
- Subject property is within walking distance to a wide array of area amenities.
- Fantastic area demographics.
- First time on the market in over 40 years.
Executive Summary
Amazing owner-user/redevelopment opportunity. This is the first time this property has been on the market in 40 years.
Recent PRICE REDUCTION - MOTIVATED SELLER
Recent PRICE REDUCTION - MOTIVATED SELLER
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Repair
Building Size
750 SF
Building Class
C
Year Built
1977
Price
$1,975,000
Price Per SF
$2,633.33
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.10
Lot Size
0.17 AC
Zoning
LAC2 - Commercial- C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations
and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses
Moderately walkable
60/100
Very drivable
80/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4208-004-012 | Improvements Assessment | $43,403 |
| Land Assessment | $89,842 | Total Assessment | $133,245 |
Property Taxes
Parcel Number
4208-004-012
Land Assessment
$89,842
Improvements Assessment
$43,403
Total Assessment
$133,245
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3851-3855 Jasmine Ave
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