Nearly RTI Mixed-Use Redevelopment
4541 Santa Monica Blvd Los Angeles, CA 90029
For Sale
Contact for pricing
Two-parcel redevelopment site with zoning LAC2-1D and RTI plans for a five-story mixed-use project.
Lot Size0.23 Acres
Days on Market104
Property Features for 4541 Santa Monica Blvd
General Information
- Standard status
- Active
- Lot size
- 0.23 Acres
- Property subtype
- Land
Listing Agency:
Marcus & Millichap - Encino
(818) 212-2700
Listed By:
Jason Tuvia · License #CA 01772495
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 8:26AM
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 Marcus & Millichap - Encino
Investment Insights
Based on property information with market context.
Nearly RTI redevelopment site consisting of two parcels totaling 9,986 square feet, offered with plans for a five-story luxury mixed-use redevelopment. The project includes three commercial-use spaces on the ground level and second floor, along with residential units planned for 23 total units under Tier 3 TOC. Parking is planned as 23 spaces for the residential units in a subterranean gated garage and nine spaces for the commercial units on the ground level. The concept also features planned amenities including a two-story gym, open space patio, two lobbies, bicycle parking, public theater space, conference room, roof decks, and a pool, among other elements.
The property is located at 4541-4545 Santa Monica Boulevard in Los Angeles, positioned in Virgil Village approximately two blocks away from Silver Lake. The offering is positioned for conformance with the Vermont/Western Station Neighborhood Area Plan (SNAP), and the zoning is LAC2-1D, with the “D” suffix limiting the buildable area of the lot.
TOC bonus incentives described with the offering provide flexibility around height and open space, including a 72-foot height limit and additional transitional height adjustments. The RTI plans may also be modified with the option to build up to 43 residential units.
The property is located at 4541-4545 Santa Monica Boulevard in Los Angeles, positioned in Virgil Village approximately two blocks away from Silver Lake. The offering is positioned for conformance with the Vermont/Western Station Neighborhood Area Plan (SNAP), and the zoning is LAC2-1D, with the “D” suffix limiting the buildable area of the lot.
TOC bonus incentives described with the offering provide flexibility around height and open space, including a 72-foot height limit and additional transitional height adjustments. The RTI plans may also be modified with the option to build up to 43 residential units.
Key Highlights
- Nearly RTI redevelopment site on two parcels totaling 9,986 SF at 4541–4545 Santa Monica Boulevard, Los Angeles, CA.
- Zoned LAC2‑1D with D suffix limiting buildable area and for conformance to the Vermont/Western Station Neighborhood Area Plan (SNAP).
- RTI plans call for a five‑story luxury mixed‑use redevelopment with 23 total units under Tier 3 TOC.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Two-parcel redevelopment site with zoning LAC2-1D and RTI plans for a five-story mixed-use project.
Where is this commercial land located?
The property is located at 4541 Santa Monica Blvd Los Angeles, CA.
What are key features of this property?
This property features: Nearly RTI redevelopment site on two parcels totaling 9,986 SF at 4541–4545 Santa Monica Boulevard, Los Angeles, CA.; Zoned LAC2‑1D with D suffix limiting buildable area and for conformance to the Vermont/Western Station Neighborhood Area Plan (SNAP).; RTI plans call for a five‑story luxury mixed‑use redevelopment with 23 total units under Tier 3 TOC.
