California Landmark Group Buys Multifamily Development Site in Culver City for $7M

CULVER CITY, CALIF. — California Landmark Group has purchased a development site located at 3812-3818 Dunn Drive in Culver City. Napa Industries sold the property for $7 million.

The 10,040-square-foot property is zoned LAR5 allowing for the development of multifamily and residential space.

Fariba Kavian and Sam Monempour of NAI Capital’s West Los Angeles office, along with Arthur Arejian of Vanguard Investments, handled the transaction. Kavian and Monempour represented the seller in the deal.