Property profile

11900 Santa Monica Blvd Los Angeles, CA 90025

OFF-MARKET
Warehouses
Property ID
US10-0253362
9,769 SF 0.41 ac lot Built 1923
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1923
Construction TILT-UP CONCRETE
Total area 9,769 SF
Lot 0.41 ac (17,707 SF)
Zoning code LAC2
APN 4263-034-031
UPID US10-0253362

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Building Supply Electrical Service
  • Electrical Service General Contractor

Location

11900 Santa Monica Blvd Los Angeles, CA 90025-2707
Los Angeles metro Census 267504 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.27M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.81M

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2022
Price N/A
2020
Price N/A
2013
Price N/A
2009
Price N/A
1995
$24,687
1994
$252,000

Zoning & alternative use

LAC2 · Los Angeles, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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