West L.A. developer California Landmark Group will break ground this week on an architecturally unique 86-unit multifamily building in Culver City.
The $25 million midcentury modern development, which will have colorful horizontal and vertical fins, will replace a roughly half-acre parking lot at 3838 Dunn Drive. Construction on the project, named 3838, is expected to take 18 months.
California Landmark bought the lot for $3.2 million in 2014 from Walter Asher.
The fully approved seven-story development will contain 79 market-rate apartments and seven affordable units. Its amenities will include a 2,000-square-foot roof deck with a pool and views of the Pacific Ocean and Santa Monica Mountains.
The development is several blocks from the Expo Line’s Palms Station, which is set to open by spring. But Ken Kahan, president of California Landmark, said his firm is betting on downtown Culver City’s vibrancy as a neighborhood and being close to public transit is just a bonus.
“What’s driving this particular project is its proximity to retail and good food – it’s the feel of the neighborhood,” he said. “It’s a place where people can spend time walking around and not just drive through. There are only a few places in L.A. other than downtown where you can do that.”
The development is being designed by Rios Clementi Hale Studios in L.A.’s Fairfax District and Agoura Hills’ PK Architecture.