Mixed-Use Building in Prime
4309 Overland Avenue Culver City, CA 90230
For Sale
$1,895,000
Two-story mixed-use building with retail and office spaces for sale.
Property Size3,169 SF
Price / SF$597.98
Days on Market123
Property Features for 4309 Overland Avenue
General Information
- Standard status
- Active
- Size
- 3,169 SF
- Property subtype
- Office
Listing Agency:
CBRE - West Los Angeles
(310) 550-2537
Listed By:
Jeff Pion · License #00840278
(310) 550-2537
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 24 at 5:25AM
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 CBRE - West Los Angeles
Investment Insights
Based on property information with market context.
The property is a two-story mixed-use building featuring both retail and office spaces. It includes outside balcony areas and an on-site surface parking lot. Located on Overland Avenue, a key commercial corridor in Culver City, the property benefits from high visibility and a central location. Multiple tenants have occupied the building for many years. The property size is 3169 square feet.
Key Highlights
- Prime location on Overland Avenue, a key commercial corridor in Culver City.
- Mixed‑use retail and office building.
- Multiple long‑term tenants.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $107.2k | $33.84 |
| − Vacancy | −$7.1k | −$2.23 |
| EGI | $100.2k | $31.61 |
| − OpEx | −$30.0k | −$9.48 |
| NOI | $70.1k | $22.12 |
3,169 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.00M
$876.4K – $1.17M
NOI $70,113 @ 7.0% cap · market cap 3.70%
Second Best
Office B
$989.6K
$865.9K – $1.15M
NOI $69,272 @ 7.0% cap · market cap 3.66%
Theoretical Best
Office A
$1.70M
$1.48M – $1.98M
NOI $118,767 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
FAQs
What type of property is this?
Mixed-use property - Two-story mixed-use building with retail and office spaces for sale.
Where is this mixed-use property located?
The property is located at 4309 Overland Avenue Culver City, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Prime location on Overland Avenue, a key commercial corridor in Culver City.; Mixed‑use retail and office building.; Multiple long‑term tenants.
