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About This Home

This 0-bedroom, 0-bathroom commercial at 4563 Santa Monica in Los Angeles, CA is listed for $1,700,000 ($573 per sqft). Built in 1917, the home offers 2,965 sqft of living space on a N/A lot.

Agent Description

Rare C2-Zoned Infill Site on Santa Monica Blvd. Perfectly positioned for developers and merchant builders, this offering presents a clear path to high-density multifamily or mixed-use redevelopment in one of Los Angeles’ most active rental corridors.

While currently improved with three occupied retail storefronts generating $6,000/month in gross holding income, the true value of this asset lies in its land-use potential. Under current C2 zoning, the site offers approximately 14 residential units by right. Savvy developers can significantly increase project yield by utilizing State Density Bonus or Transit Oriented Communities (TOC) affordable housing incentives, which may allow for a project size of approximately 26 to 30 units (Buyer to verify program eligibility and TOC tier).

Located in a high-walkability pocket with immediate access to transit and strong neighborhood amenities, the site is an ideal candidate for a "bite-sized" urban infill project. Priced to sell at land value, this is a strategic opportunity to acquire a corridor-frontage site with existing cash flow to offset holding costs during the entitlement phase.

Sold AS-IS. Buyer to independently verify all zoning, unit count, TOC tiering, Density Bonus feasibility, FAR, height, setbacks, and parking requirements.

Key Features

  • Built in 1917

Property Details

1917

Monthly Cost Estimate

$9,092/mo

20% down · 6.5% · 30 years

Principal$1,229
Interest$7,367
Insurance$496

Estimates only. Actual payments may vary.

Location

4563 Santa Monica

Los Angeles, CA 90029

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4563 Santa Monica is listed at $1,700,000 ($573/sqft). The estimated monthly payment is $7,367 based on 20% down at 6.5% interest.

Key features include: Built in 1917.

This property is listed by Mike Harutunyan and can be reached at 8184008589 or Mike@HomesSoldByMike.com.

MH

Mike Harutunyan

Agent at Pinnacle Estate Properties

(818) 400-8589

Listed by Pinnacle Estate Properties · View on Broker Site

MLS# SR26132441· Source: listhub· Updated 1 days ago

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.

4563 Santa Monica, Los Angeles, CA 90029

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