2509 4th Street, Santa Monica, CA 90405

Local realty services provided by:ERA Excel Realty
2509 4th Street,Santa Monica, CA 90405
$2,350,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB26007684
Source:CAREIL

Price summary

  • Price:$2,350,000

About this home

Welcome to 2509 4th Street, blank canvas ready for an owner-user or savvy investor looking to reimagine a single-family residence with two flexible units. Priced at $775 per square foot, this value-add asset offers significant upside, with renovated comparables exceeding $1,300–$1,500 per square foot and an estimated ARV of $4M+. Situated on a 5,419 sq. ft. lot in one of Santa Monica’s most desirable pockets—just off 4th Street and walking distance to the ocean, shops, and dining—the property includes a 1,700 sq. ft., 3-bedroom, 2-bath front home plus two rear units (2BD/1BA and 1BD/1BA), ideal for rental income, guests, or creative use as an office, gym, or studio. An expansive open yard separates the front and rear structures, perfect for entertaining or future enhancements like a pool. Parking includes a driveway, two-car garage, and additional rear space for a total of four spots. For owner-users, the property may qualify for an exemption from Santa Monica rent control.

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Home facts

  • Year built:1920
  • Listing ID #:SB26007684
  • Added:2 day(s) ago
  • Updated:January 17, 2026 at 06:09 PM

Structure and exterior

  • Year built:1920
  • Lot area:0.12 Acres

Utilities

  • Water:District - Public

Finances and disclosures

  • Price:$2,350,000
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