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Residential Development Site for Townhomes
For Sale
$6,500,000

4340 Overland Avenue, Culver City, CA 90230

For-sale development site offering plan options for 12 townhomes or a 30-unit multifamily project.

Days on Market52

Property Features for 4340 Overland Avenue

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: CBRE LA
Listed By: Melinda Russell · License #00860306
Source: Cbre
Added: Jun 11 Changed: Jul 10 Last Checked: Jul 31 at 4:51AM

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 LA

Investment Insights

Based on property information with market context.

This for-sale development site is positioned for residential construction with two project-size options: a 12-unit townhome plan or a 30-unit multifamily configuration. The offering is marketed as a Culver City development site, providing a pathway to design and build a small-lot housing product or a larger apartment community, depending on the development approach.

The property is located at 4340 Overland Avenue in Culver City, CA. Prospective buyers can evaluate the site as an infill development opportunity with outcome scenarios based on the provided 12-unit and 30-unit concepts.

This asset is best suited for developers and residential investors looking for a site that supports multiple housing densities within the same purchase. The clear planning options may help streamline feasibility discussions and align the project with buyer objectives, whether targeting a townhome style product or pursuing a higher unit count multifamily plan. Interested parties should conduct customary due diligence on all development requirements and feasibility for either configuration.

Key Highlights

  • Development site with plan options for 12 townhomes or 30‑unit multifamily project

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Tattoo & Piercing Shop Fish Market Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,575
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - For-sale development site offering plan options for 12 townhomes or a 30-unit multifamily project.
Where is this apartment building located?
The property is located at 4340 Overland Avenue Culver City, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: Development site with plan options for 12 townhomes or 30‑unit multifamily project
More about this property
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