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C2-Zoned Infill Retail Property
For Sale
$1,700,000

4563 Santa Monica, Los Angeles, CA 90029

MULTI_FAMILY - Los Angeles, CA

Days on Market48

Property Features for 4563 Santa Monica

General Information

Property type Residential Multi Family
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
Listed By: Mike Harutunyan · License #01353419
Added: Jun 16 Changed: Jul 6 Last Checked: Aug 2 at 12:06PM
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.

Investment Insights

Based on property information with market context.

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.

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

Current Use

Dynamic Clothing Clothing Store

Suggested Use

Top Pick Law Firm Travel Agency Tanning Salon Veterinary Clinic Furniture & Home Goods Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

9,927
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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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 $1,700,000.
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)
More about this property
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