3017 4th, Santa Monica, CA 90405

Santa Monica
Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
3017 4th,Santa Monica, CA 90405
$2,340,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26062407
Source:CRMLS

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Price summary

  • Price:$2,340,000

About this home

3017 4th Street presents a well-located 4-unit multifamily investment opportunity in the highly sought-after Ocean Park neighborhood of Santa Monica. Situated on a 7,512 SF lot, the property offers approximately 3,379 SF of rentable space and features a desirable unit mix consisting of (1) 3-Bed/2-Bath Townhome, (1) 2-Bed/1-Bath, and (2) 1-Bed/1-Bath units. The rear unit is a spacious 2-story townhome that includes a private backyard patio, providing a highly desirable living environment and strong tenant appeal. The property also offers immediate upside allowing an investor to achieve market rents or an owner-user to occupy a unit while generating income from the remaining units. With solid in-place income and clear rental upside, the property operates at a 4.91% CAP rate with the potential to reach a 6.25% pro forma CAP. Located just blocks from the beach and within close proximity to Main Street and Rose Avenue, 3017 4th Street benefits from strong rental demand in one of...

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Home facts

  • Year built:1953
  • Listing ID #:SB26062407
  • Added:154 day(s) ago
  • Updated:August 25, 2026 at 07:17 AM

Structure and exterior

  • Year built:1953
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,340,000

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:3
  • Garage:Yes
  • Garage spaces:3
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