4563 Santa Monica, Los Angeles, California 90029

  • $1,599,000
  • $1,700,000
4563 Santa Monica, Los Angeles, California 90029
Active
4563 Santa Monica, Los Angeles, California 90029
4563 Santa Monica, Los Angeles, California 90029
  • $1,599,000
  • $1,700,000

Description

Rare C2-Zoned Infill Site on Santa Monica Blvd. Perfectly positioned for developers and merchant builders, this offering presents a clear path to high-density multifamily or mixed-use redevelopment in one of Los Angeles’ most active rental corridors. While currently improved with three occupied retail storefronts generating $6, 000/month in gross holding income, the true value of this asset lies in its land-use potential. Under current C2 zoning, the site offers approximately 14 residential units by right. Savvy developers can significantly increase project yield by utilizing State Density Bonus or Transit Oriented Communities (TOC) affordable housing incentives, which may allow for a project size of approximately 26 to 30 units (Buyer to verify program eligibility and TOC tier). Located in a high-walkability pocket with immediate access to transit and strong neighborhood amenities, the site is an ideal candidate for a “bite-sized” urban infill project. Priced to sell at land value, this is a strategic opportunity to acquire a corridor-frontage site with existing cash flow to offset holding costs during the entitlement phase. Sold AS-IS. Buyer to independently verify all zoning, unit count, TOC tiering, Density Bonus feasibility, FAR, height, setbacks, and parking requirements.

  • Address 4563 Santa Monica, Los Angeles, California 90029
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90029
  • Country US

Details

Updated on August 12, 2026 at 10:42 pm
  • Property ID: SR26132441
  • Price: $1,599,000
  • Property Size: 2965 Sqft
  • Land Area: 0.1222 Acres
  • Year Built: 1917
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Active

Additional details

  • County: Los Angeles
  • Property Type: Commercial Sale

Features

Contact Information

View Listings
Hoyt Hochman

Enquire About This Property

Compare listings

Compare
Hoyt Hochman
  • Hoyt Hochman