REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,350,000
Est. payment | /mo
6 Beds
5,415 Sqft Lot
$ 2,350,000
Est. payment | /mo
6 Beds
5,415 Sqft Lot
Open House
Sat Dec 06, 1:00pm - 3:00pm
Sun Dec 07, 1:00am - 3:00am
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25258414
Bedrooms 6
Lot Size 5,415 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Welcome to 2511 4th Street, a FULLY VACANT 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 Monicas most desirable pocketsjust off 4th Street and walking distance to the ocean, shops, and diningthe 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. The potential of this property is truly unlimitedbring your contractors and stop by to see it for yourself. For a full marketing & design package, please see the supplementals or contact our team.
Location
State CA
County Los Angeles
Zoning Assessor
Direction On the east side of 4th St between Ocean Park Blvd and Hollister Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4287007004
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Ryan Versfelt Lyon Stahl Investment Real Estate, Inc.