Property summary
This 1.07-acre West Los Angeles development site, located at 11900 Santa Monica Blvd, 90025, presents a unique redevelopment opportunity. The property encompasses approximately 33,519 square feet of existing building space and 46,539 square feet of land, zoned LAC2. Currently occupied by retail and apartment tenants (28 units total, 17 vacant, all month-to-month leases), it offers immediate rental income potential. The site spans a full block between Brockton and Armacost Avenues, allowing for a contiguous development. City of Los Angeles discussions indicate the possibility of closing off an alley to create a larger, unified building footprint. The LAC2 zoning permits R4 unit density (one unit per 400 sq ft) and ground-floor retail. Leveraging California's Affordable Housing Density Bonus program, developers can potentially increase unit density by 35% (providing 11% affordable units) and FAR to 3.0, resulting in approximately 171 units. Alternatively, AB 2334 may allow for unlimited density for affordable housing projects. This prime location boasts exceptional demographics, proximity to major employers, and excellent accessibility (Walk Score of 95, near Expo/Bundy Metro station). The property's position within a thriving West Los Angeles submarket, alongside recent developments like the West Edge project, ensures strong rental growth and value appreciation. APN: 4263-034-031, 4263-034-006, 4263-034-005, 4263-034-002, 4263-034-001, 4263-034-004, 4263-034-003. Zoning specifications should be verified with the City of Los Angeles.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Building Supply Electrical Service
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Electrical Service General Contractor
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LAC2 · Los Angeles, CAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for LAC2 in Los Angeles, CA.
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