$2,350,000

2511 4th Street, Santa Monica, CA 90405

  • 6 beds |
  • 4 baths |
  • 3,031 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon5,419sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $775/sqft
  • Property List Date Icon Listed 24 days ago

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.

Listing Status:
Active
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Ryan Versfelt : 310-748-1445
MLS ID:
SB25269298
  • General: Balcony
  • A/C: Other/Remarks
  • Fireplace: FP in Family Room
  • Pool: N/K
  • Parking: GarageGarage - Two DoorParking spaces: 4
  • Roofing: Asphalt
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: California Regional MLS
  • County: Los Angeles
  • Zoning: 4287007004
  • View: Other/Remarks
  • Water: Public
  • Sewer: Public Sewer
  • Source: California Regional MLS

This listing courtesy of Ryan Versfelt, Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Santa Monica Alternative (K-8)

2525 5th St, Santa Monica, CA, 90405

Grades KG-8

0.06 miles away

S

Santa Monica Alternative (K-8)

2525 5th St, Santa Monica, CA, 90405

Grades KG-8

0.06 miles away

O

Olympic High (Continuation)

721 Ocean Park Blvd, Santa Monica, CA, 90405

Grades 9-12

0.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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