# 4563 Santa Monica, Los Angeles, CA 90029

> **TL;DR:** commercial, $1,700,000 ($573/sqft), built 1917, 2,965 sqft. Est. $7,367/mo. Listed 7 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,700,000 |
| Price/sqft | $573 |
| Square Feet | 2,965 |
| Year Built | 1917 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 7 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,367 |
| **Total** | **$7,367** |

## Property Highlights

- Built in 1917

## Description

### 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.

## Location

- **Address:** 4563 Santa Monica, Los Angeles, CA 90029
- **County:** Los Angeles

## Listing Agent

- **Name:** Mike Harutunyan
- **Brokerage:** Pinnacle Estate Properties
- **Phone:** 8184008589
- **Email:** Mike@HomesSoldByMike.com

## Primary Photo

![4563 Santa Monica - Primary Photo](http://lh.rdcpix.com/8bc9531ddb97d005191921192bfd4506l-f2649202366r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/4563-santa-monica-los-angeles-ca-90029-26132441)*

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**MLS#:** SR26132441 | **Updated:** 2026-06-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/4563-santa-monica-los-angeles-ca-90029-26132441)

---

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