Mixed-Use Building in Prime
For Sale
$1,895,000
4309 Overland Avenue, Culver City, CA 90230
Two-story mixed-use building with retail and office spaces for sale.
Property Size3,169 SF
Price / SF$597.98
Days on Market197
Property Features for 4309 Overland Avenue
General Information
Standard status
Active
Size
3,169 SF
Property subtype
Office
Listing Agency:
CBRE - West Los Angeles
Listed By:
Jeff Pion · License #00840278
(310) 550-2537
Source:
Cbre
Added: Mar 25
Changed: Oct 4
Last Checked: Oct 5 at 4:52PM
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
Estimated NOI and Cap Rate
NOI / Yr
$70,113
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,402,260
$1.4M
Cap Rate 7%
$1,001,614
$1.0M
Cap Rate 9%
$779,033
$779.0K
Market Conditions
NOI Build-Up for 3,169 SF
Gross rent
$107.2K $33.84/SF
− Vacancy
−$7.1K −$2.23/SF
EGI
$100.2K $31.61/SF
− OpEx
−$30.0K −$9.48/SF
NOI
$70.1K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,402,260
Cap Rate 7%
$1,001,614
Cap Rate 9%
$779,033
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 authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,589
Businesses Nearby
Explore this area
Business Placement
Demographics for 90230, CA
32,743
Population
14,198
Households
2.3
Avg Household Size
41
Median Age
58%
College-Educated
91%
High-School Grad
4.5 sq mi
ZIP Area
7,276
Density / Sq Mi
$106,827
Median Household Income
$76,041
Median Earnings
$2,423
Median Rent
$1,025,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
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.
