3017 4th, Santa Monica, CA 90405

Santa Monica
Local realty services provided by:ERA Excel Realty
3017 4th,Santa Monica, CA 90405
$2,340,000
  • 7 Beds
  • 5 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26062867
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 the...

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Home facts

  • Year built:1953
  • Listing ID #:SB26062867
  • Added:141 day(s) ago
  • Updated:August 12, 2026 at 06:34 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5

Structure and exterior

  • Year built:1953
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,340,000

Parking

  • Total parking spaces:1
  • Garage:Yes
  • Garage spaces:1
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