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3861 Jasmine Ave
Culver City, CA 90232
Office Property For Sale
Executive Summary
This freestanding commercial building, located on a quiet street between Venice Boulevard and Washington Boulevard, offers flexibility for investors or owner-users in a central Los Angeles location. The property totals approximately 2,850 square feet and includes two separate spaces: one of about 2,000 square feet previously used for medical and office applications, and another 850-square-foot unit currently leased to a restaurant. The 2,000-square-foot space is also available for lease at $2.38/SF/Month MG, creating an opportunity for owner-users seeking immediate occupancy or investors pursuing additional leasing income. The interior layout provides a functional and adaptable configuration that supports professional, medical, research, creative, or traditional office users. The property is situated on a 4,972-square-foot lot within the boundaries of Los Angeles and adheres to zoning regulations for commercial uses.
With proximity to Culver City, West Los Angeles, and major corridors such as Washington and Venice Boulevards, the location ensures convenient connectivity and accessibility. The building includes on-site parking and benefits from strong surrounding amenities and neighborhood vibrancy. Offered at $1,850,000, this asset presents a compelling opportunity for long-term investment, partial owner-occupancy, or redevelopment potential, subject to applicable codes and approvals. The combination of existing tenancy and available lease space provides flexibility for a range of ownership and occupancy strategies.
With proximity to Culver City, West Los Angeles, and major corridors such as Washington and Venice Boulevards, the location ensures convenient connectivity and accessibility. The building includes on-site parking and benefits from strong surrounding amenities and neighborhood vibrancy. Offered at $1,850,000, this asset presents a compelling opportunity for long-term investment, partial owner-occupancy, or redevelopment potential, subject to applicable codes and approvals. The combination of existing tenancy and available lease space provides flexibility for a range of ownership and occupancy strategies.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
2,850 SF
Building Class
B
Year Built/Renovated
1930/2004
Price
$1,850,000
Price Per SF
$649.12
Percent Leased
30%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,850 SF
Building FAR
0.59
Lot Size
0.11 AC
Zoning
LAC2 - Commercial
Parking
2 Spaces (0.7 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Air Conditioning
Property Taxes
| Parcel Number | 4208-004-011 | Improvements Assessment | $101,370 |
| Land Assessment | $550,358 | Total Assessment | $651,728 |
Property Taxes
Parcel Number
4208-004-011
Land Assessment
$550,358
Improvements Assessment
$101,370
Total Assessment
$651,728
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