3440 E Main St, Ventura, CA 93003

The Boyett Team at CBRE is pleased to present a 3.65 AC (158,994 SF) redevelopment site for multifamily or mixed-use located at 3440 E Main Street, Ventura, California. The subject property is located in a prime Ventura location on the southwest corner of E Main Street and S Mills Road.

Spanning 3.65 acres and carrying the City of Ventura’s highest-intensity Mixed Use 6 designation under the newly adopted 2050 General Plan (effective November 20, 2025), this site delivers a generous by-right count of 292 residential units at a maximum height of six stories, with full allowance for multifamily, residential-over-retail, or mixed-use development. The Pacific View Mall core was specifically upgraded to Mixed Use 6 in the fresh General Plan to catalyze transformative redevelopment and housing infill on underutilized commercial land, positioning the property as one of the most policy-supported redevelopment opportunities in Ventura today. Layered with the City’s August 2025 ordinance that conformed local code to State Density Bonus Law preemption, and AB 2011’s ministerial streamlining, the site offers a clear, fast-track approval path with full CEQA exemption and substantial upside to boost density, height, reduce parking and setbacks, and secure additional concessions through an affordable housing component.

Situated in a prime Ventura location, this offering presents a rare opportunity for an astute developer to capitalize on one of the most significant and policy supported development sites across upscale Ventura County.