C2-Zoned Infill Retail
For Sale
$1,599,000
4563 Santa Monica, Los Angeles, CA 90029
Commercial Sale, Los Angeles, CA
Property SizeContact for details
Days on Market139
Property Features for 4563 Santa Monica
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Snata monica and Virgil
Subdivision
WLA - West Los Angeles
Standard status
Active
APN
5542027029
Building Details
Year built
1917
Listing Agency:
Pinnacle Estate Properties
(818) 993-7370
Listed By:
Mike Harutunyan · License #01353419
(818) 400-8589
Added: Jun 16
Changed: Oct 8
Last Checked: Nov 1 at 2:06PM
MLS# SR26132441
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This C2-zoned infill property is currently improved with three occupied retail storefronts, producing gross holding income of $6,000 per month. The offering is being sold AS-IS and also presents redevelopment optionality centered on land-use planning under existing zoning.
Located on Santa Monica Blvd in Los Angeles, CA 90029, the site is described as having corridor frontage and is positioned for residential infill or mixed-use redevelopment. Under current C2 zoning, the site is stated to offer approximately 14 residential units “by right.” The listing also notes potential increases in project yield through State Density Bonus and Transit Oriented Communities (TOC) affordable housing incentives, which may support a project size of approximately 26 to 30 units, subject to buyer verification of program eligibility and TOC tier.
Buyer is advised to independently verify all zoning and development parameters, including unit count, Density Bonus feasibility, FAR, height, setbacks, and parking requirements.
Located on Santa Monica Blvd in Los Angeles, CA 90029, the site is described as having corridor frontage and is positioned for residential infill or mixed-use redevelopment. Under current C2 zoning, the site is stated to offer approximately 14 residential units “by right.” The listing also notes potential increases in project yield through State Density Bonus and Transit Oriented Communities (TOC) affordable housing incentives, which may support a project size of approximately 26 to 30 units, subject to buyer verification of program eligibility and TOC tier.
Buyer is advised to independently verify all zoning and development parameters, including unit count, Density Bonus feasibility, FAR, height, setbacks, and parking requirements.
Key Highlights
- C2‑zoned infill site on Santa Monica Blvd with redevelopment upside for multifamily or mixed‑use
- Currently improved with 3 occupied retail storefronts generating $6,000/month in gross holding income
- Approximately 14 residential units by‑right under current C2 zoning (buyer to verify)
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,904
Businesses Nearby
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Business Placement
Demographics for 90029, CA
34,695
Population
14,465
Households
2.4
Avg Household Size
37
Median Age
36%
College-Educated
76%
High-School Grad
1.4 sq mi
ZIP Area
24,782
Density / Sq Mi
$60,793
Median Household Income
$35,801
Median Earnings
$1,644
Median Rent
$1,066,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - C2-zoned infill site with three occupied retail storefronts and gross holding income of $6,000 per month.
Where is this apartment building located?
The property is located at 4563 Santa Monica Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: C2‑zoned infill site on Santa Monica Blvd with redevelopment upside for multifamily or mixed‑use; Currently improved with 3 occupied retail storefronts generating $6,000/month in gross holding income; Approximately 14 residential units by‑right under current C2 zoning (buyer to verify)
