3017 4th, Santa Monica, CA 90405
Local realty services provided by:ERA Excel Realty
3017 4th,Santa Monica, CA 90405
$2,450,000
- 7 Beds
- 5 Baths
- 3,379 sq. ft.
- Single family
- Active
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26062867
Source:CRMLS
Price summary
- Price:$2,450,000
- Price per sq. ft.:$725.07
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 most supply-constrained coastal submarkets in Los Angeles, making it an attractive opportunity for both investors and owner-users....
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Home facts
- Year built:1953
- Listing ID #:SB26062867
- Added:46 day(s) ago
- Updated:May 08, 2026 at 10:34 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,379 sq. ft.
Structure and exterior
- Year built:1953
- Building area:3,379 sq. ft.
- Lot area:0.17 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,450,000
- Price per sq. ft.:$725.07
Parking
- Total parking spaces:1
- Garage:Yes
- Garage spaces:1
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