2005 4th Street, Santa Monica, CA 90405
Local realty services provided by:ERA North Orange County Real Estate
2005 4th Street,Santa Monica, CA 90405
$2,195,000
- 3 Beds
- 3 Baths
- 1,584 sq. ft.
- Multi-family
- Active
Listed by: suzette kitselman
Office: coldwell banker realty310-820-6651
MLS#:26850083
Source:CRMLS
Price summary
- Price:$2,195,000
- Price per sq. ft.:$1,385.73
About this home
SWEET! THREE CLASSIC 1924 Bungalow Cottages from the times when Old Hollywood would drive across open land to get to the 'beach town' of Santa Monica. Not on the market in 57 YEARS. The play: Restore Cottages & Rent Short Term and add a 4th junior ADU for MASSIVE CASH FLOW (no Tenant occupancy for 57 years, so no low-income or rent-control issues), OR Build 4 New Condos (COMPS & zoning analysis written by architect from Santa Monica Architectural Review Board attached, exceptions for lot width can apply ~call) OR build a larger 3+ story building (some restrictions would apply). Per architect, 3 New Units of 1750 +/- sq ft each can be built on the lot, plus the Jr ADU (Do your own research & investigations ~ don't rely on statements here ~ and RECOGNIZE the Opportunity). NOTE: The 10 units nextdoor are on a lot that is only 36.5 feet wide; and State Density Bonuses may apply for additional density (ie more units) if someone wanted to build more apartments or condos. SK 79 may also apply. Verify with City of Santa Monica. Alley access to the rear of the lot for parking access. A Condo one block away sold for $2.5M last year (see 1919 4th Ave). Excellent PENCIL POTENTIAL. 4 BLOCKS TO BEACH & Prime Main Street, DTSM very close, PCH & 10 access at your fingertips! See attached DOCS; Interested parties are not to rely on statements from this listing as to viability of future projects; all are directed to make their own investigations....
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Home facts
- Year built:1924
- Listing ID #:26850083
- Added:40 day(s) ago
- Updated:July 31, 2026 at 07:31 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Living area:1,584 sq. ft.
Structure and exterior
- Year built:1924
- Building area:1,584 sq. ft.
- Lot area:0.12 Acres
- Levels:1 Story
Finances and disclosures
- Price:$2,195,000
- Price per sq. ft.:$1,385.73
Parking
- Total parking spaces:3
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